Search For "fy21"
Indian economy to contract 9.6 pc in FY21 due to Covid-19: World Bank
Updated : 5 years, 8 months ago IST
Washington DC [USA], Oct 8 (ANI): India's economy, the largest in south Asia, is expected to contract by 9.6 per cent in the current fiscal year (2020-21) because of Covid-19 pandemic, the World Bank said on Thursday.
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Agricultural GVA growth of 3 pc likely in Q2 FY21: ICRA
Updated : 5 years, 8 months ago IST
New Delhi [India], Oct 2 (ANI): The harvest of most crops is expected to be bountiful with above-average monsoon rainfall on a pan-India basis with growth of gross value added (GVA) at basic prices in agriculture, forestry and fishing to print at 3 per cent in the second quarter of curren
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Media, entertainment sector to rebound by FY22, states KPMG in India
Updated : 5 years, 8 months ago IST
New Delhi [India], September 30 (ANI): The media and entertainment (M&E) sector should recover from its current levels and post a 33 per cent growth in FY22 (following a contraction of 20 per cent in FY21), which still implies a loss of around two years of growth, KPMG in India said in i
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ICRA reaffirms JSPL's ratings with stable outlook
Updated : 5 years, 8 months ago IST
New Delhi [India], Sep 23 (ANI): ICRA has reaffirmed ratings on Jindal Steel and Power Ltd's (JSPL's) bank facilities and non-convertible debentures due to its healthy standalone operating performance in FY21 despite subdued demand trends and challenging market conditions.
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Brokerage industry's revenues expected to reach Rs 23,000 crore in FY21: I
Updated : 5 years, 8 months ago IST
New Delhi [India], Sep 19 (ANI): With increasing retail investor activity and a surge in trading volumes, the domestic brokerage industry's aggregate revenues are expected to reach Rs 23,000 crore in the current financial year, marking a year-on-year growth of 10 to 12 per cent.
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Vishal Fabrics' Ltd. bags export orders worth Rs. 110 crores
Updated : 5 years, 8 months ago IST
Ahmedabad (Gujarat) [India], September 16 (ANI/NewsVoir): BSE and NSE listed Vishal Fabrics Limited (VFL), one of India's leading manufacturers of denim fabrics, part of leading conglomerate Chiripal Group has bagged major export orders worth Rs 110 crores to be executed in the current fisca
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SpiceJet Q1 loss totals Rs 593 crore as flights remain suspended
Updated : 5 years, 8 months ago IST
Gurugram (Haryana) [India], Sep 15 (ANI): Low-cost carrier SpiceJet on Tuesday reported a net loss of Rs 593 crore in the first quarter of FY21 against a profit of Rs 262 crore in the same quarter of previous year as flight operations remained suspended following the nationwide lockdown.
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States may cut FY21 capex by Rs 3 lakh crore due to GST shortfall: ICRA
Updated : 5 years, 9 months ago IST
New Delhi [India], Sep 10 (ANI): States may have to significantly cut their expenditure by as much as Rs 3.4 lakh crore in the current fiscal if they are not paid full compensation relating to Goods and Services Tax (GST), investment information agency ICRA has said.
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Jindal Stainless reports Q1 loss at Rs 87 crore as sales contract 60 pc
Updated : 5 years, 9 months ago IST
New Delhi [India], Sep 8 (ANI): Jindal Stainless Ltd (JSL) on Tuesday posted a loss of Rs 87 crore in Q1 FY21 due to lower sales in the Covid-19 induced business environment.
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Fitch lowers India FY21 GDP forecast to minus 10.5 per cent
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], Sep 8 (ANI): Fitch Ratings has sharply lowered its forecast for India's gross domestic product (GDP) growth for the current fiscal year (FY21) and expects it to contract by 10.5 per cent as compared to its earlier estimate of 5 per cent contraction.
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India's fiscal deficit to widen in FY21 to 8.2 pc: Fitch Solutions
Updated : 5 years, 9 months ago IST
Singapore, September 8 (ANI): Fitch Solutions has revised its fiscal deficit forecast for India to 8.2 per cent from 7.2 per cent earlier due to quicker divergence in expenditures and non-debt receipts which saw the deficit exceed the full-year target in only four months.
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PBT margins of India Inc contract to multi-year lows of 3.6 per cent in Q1
Updated : 5 years, 9 months ago IST
New Delhi [India], Sep 5 (ANI): Financial results of 489 companies in the Indian corporate sector (excluding financial sector entities) show aggregate revenues contracting by 31.1 per cent on a year-on-year basis in Q1 FY21, according to investment information firm ICRA.
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