Search For "fy21"
Apparel exports to register 40 per cent expansion in FY21: AEPC
Updated : 5 years, 9 months ago IST
New Delhi [India], September 3 (ANI): Apparel exports from India will expand by about 40 per cent this fiscal, the Apparel Export Promotion Council (AEPC) said on Thursday.
Read More
Equities close higher despite sharp dip in Q1 GDP, Airtel top winner after
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], September 1 (ANI): Investors brushed aside nearly 24 per cent fall in the economy during Q1 FY21 that was largely expected with equity benchmark indices closing higher on Tuesday after a volatile trading session.
Read More
India's real GDP expected to contract by 5.2 pc in FY21: Motilal Oswal
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], September 1 (ANI): While the real gross domestic product (GDP) contracted by 23.9 per cent and gross value added (GVA) by 22.8 per cent in the first quarter of current financial year, the real GDP turnaround from contraction to growth in late calendar year 20
Read More
Will take months for Indian economy to register positive growth: P Chidamb
Updated : 5 years, 9 months ago IST
New Delhi [India], Sep 1 (ANI): It will take months for India's economy to register positive growth according to Congress leader P Chidambaram after government data revealed that the Indian economy had contracted by 23.9 percent in the April to June quarter (Q1 FY21).
Read More
GDP shrinks by 23.9 pc in Q1, worst economic contraction in four decades
Updated : 5 years, 9 months ago IST
New Delhi [India], Aug 31 (ANI): The Indian economy contracted by 23.9 per cent in the April to June quarter (Q1 FY21), marking the first contraction in more than 40 years as COVID-19 pandemic compressed consumer demand and private investments, government data showed on Monday.
Read More
Q1 GDP growth contracts by 23.9 pc as COVID-19 cripples economic activitie
Updated : 5 years, 9 months ago IST
New Delhi [India], Aug 31 (ANI): The Indian economy contracted by 23.9 per cent in the April to June quarter (Q1 FY21) as COVID-19 pandemic compressed consumer demand and private investments, government data showed on Monday.
Read More
Government debt likely to stand at 80 per cent of GDP by FY30: Motilal Osw
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], Aug 26 (ANI): The government's debt rose to 75 per cent of GDP in FY20 from 70 per cent in FY18 and is likely to reach 91 per cent in FY21, according to estimates from the EcoScope report of Motilal Oswal Financial Services.
Read More
States face uncovered losses of Rs 3.1 lakh crore in FY21: SBI report
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], August 24 (ANI): States are likely to face uncovered losses of up to Rs 3.1 lakh crore in the current financial year due to massive disruption caused by COVID-19 pandemic, according to a report by State Bank of India (SBI) released on Monday.
Read More
Muthoot Finance reports 59 pc jump in Q1 net profit at Rs 841 cr
Updated : 5 years, 9 months ago IST
Kochi (Kerala) [India], Aug 19 (ANI): Muthoot Finance, the country's largest gold financing company in terms of the loan portfolio, on Wednesday reported 59 per cent jump in its net profit at Rs 841 crore for Q1 FY21 as against Rs 530 crore in the same period of previous fiscal.
Read More
Gradual coal demand recovery amid high inventory to keep prices subdued in
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], Aug 17 (ANI): Coal prices are likely to be subdued in the current financial year on the back of low power demand and piling inventory at power stations, India Ratings and Research (Ind-Ra) said in its first edition of credit news digest published on Monday.
Read More
Revenue, EBITDA margins of EPC companies to fall by 15 per cent in FY21: I
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], Aug 15 (ANI): The revenue and earnings before interest, taxes, depreciation and amortisation (EBITDA) margin of engineering, procurement and construction (EPC) companies will decline around 15 per cent year-on-year in the current financial year as COVID-19 led l
Read More
Shares of Adani Ports gain 2.4 pc after plan to raise Rs 3,000 cr via NCDs
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], Aug 12 (ANI): Shares of Adani Ports and Special Economic Zone (APSEZ) gained by 2.4 per cent on Wednesday morning, a day after the company reported Q1 FY21 numbers and its board of directors approved a proposal to raise up to Rs 3,000 crore through issuance of n
Read More