Search For "fiscal"
India's power demand growth to slow in FY23: Fitch Ratings
Updated : 3 years, 2 months ago IST
In a report -- India Power Watch 1HFY23, Fitch said it expects demand growth to moderate in the second half of 2022-23 (H2FY23) as the strong 18.5 per cent year-on-year growth in the first quarter of fiscal 2022-23 (Q1FY23) was from a low base a year earlier when demand dived due to a resurg
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'Military build-up doomed to fail', says China on Japan's new security pol
Updated : 3 years, 3 months ago IST
Japanese media said the new strategies outlined in three defence and security documents approved by Japan's cabinet on Friday are a marked departure from post-WWII norms. Most notably, they involve doubling defence spending over the next five years to 2 per cent of GDP in fiscal 2027, Japan'
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I-T dept issues 66.92 pc higher refunds till November for FY23
Updated : 3 years, 3 months ago IST
According to the finance ministry, income tax department has sped up the issue of refunds till November in fiscal 2022-23 (FY2022-23) compared to the corresponding period in 2021. Refunds amounting to Rs 2.15 lakh crore were issued between April 1, 2022, and November 30, 2022.
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PM Mudra Yojana: Rs 9.98 lakh cr disbursed in three fiscal years till Marc
Updated : 3 years, 3 months ago IST
Over 16.67 crore loans involving a sanctioned amount of Rs 9.98 lakh crore have been extended under Pradhan Mantri Mudra Yojana (PMMY) in the last three financial years ending March 2022.
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India's rise would depend on absolute GDP, per capita income: Uday Kotak
Updated : 3 years, 3 months ago IST
To develop world-class Indian companies, Kotak stressed the need to build scale in manufacturing based on cutting-edge product innovation and developing IP rights rather than depending on arbitrage alone to secure an advantage.
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World Bank sees inflation declining in India
Updated : 3 years, 3 months ago IST
India's October inflation dropped to 6.77 per cent, from 7.41 per cent in the preceding month, mainly due to easing prices in the food basket, though it remained above Reserve Bank's comfort level for the 10th month in a row.
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Govt to release Q2 GDP data at 5.30 pm today
Updated : 3 years, 3 months ago IST
The National Statistical Office (NSO) under the Ministry of Statistics and Programme Implementation will come out with the data on the quarterly estimates.
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S&P cuts India's growth forecast by 30 bps to 7 pc for 2022-23
Updated : 3 years, 3 months ago IST
S&P Global Ratings on Monday cut India's economic growth forecast for the current fiscal year ending March to 7 per cent as against 7.3 per cent projected earlier.
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After significant rate hike, Pak govt has to pay heavy price for borrowing
Updated : 3 years, 3 months ago IST
The State Bank of Pakistan's (SBP) decision to hike its key policy rate by 100 basis points to a 24-year high of 16 per cent has created a new problem for Islamabad as it has to pay a heavy price for borrowing after the rate hike.
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Rajnish Wellness Limited plans major expansion
Updated : 3 years, 3 months ago IST
New Delhi [India], November 23 (ANI/PNN): BSE listed Rajnish Wellness Ltd., a leading wellness and pharmaceutical company engaged in the manufacture and marketing of various ayurvedic and ethical personal and healthcare products and supplements, has announced major expansion plans, whereby i
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Pakistan's FDI plunges 52 per cent in four months
Updated : 3 years, 3 months ago IST
On Monday, the Pakistan State Bank issued the latest data, showing the FDI fell to USD 348.3 million in July-October FY23 from USD 726.5 million during the same period of the last fiscal year (FY22), the Dawn newspaper reported.
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Pakistan's total debt surges to Rs 12 trillion in first quarter
Updated : 3 years, 4 months ago IST
In the fiscal year, 2022-2023, in July-September the debt and liabilities stood at Rs 62.46 trillion which is more than the same period of last fiscal year, accounting for Rs 50.49 trillion.
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