Search For "fy21"
Aviation flies towards Rs 25,000 crore revenue loss in FY21: Crisil
Updated : 6 years, 1 month ago IST
Mumbai (Maharashtra) [India], May 7 (ANI): The extended lockdown to contain COVID-19 pandemic which has stalled traffic on the ground as in the air is expected to heap enormous losses on infrastructure industries in both sectors, analytics company Crisil said on Thursday.
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Incremental credit growth declines 64 pc in FY20, could recover in FY21: I
Updated : 6 years, 1 month ago IST
New Delhi [India], May 6 (ANI) The incremental credit flow from banks, commercial papers (CPs) and corporate bonds outstanding could rise by Rs 7.3 lakh crore to 9.7 lakh crore during the current financial year FY21, according to investment information firm ICRA.
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GDP to pick up in Q2 FY21 if industry overcomes lockdown impact soon
Updated : 6 years, 1 month ago IST
New Delhi [India], May 4 (ANI): India's economic growth is likely to pick up during second half of the current fiscal year (October to March) as the combined impact of COVID-19 crisis and subsequent lockdown is likely to linger in the first two quarters, CII President Vikram Kirloskar said o
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GDP growth to hover between 1 to 2 pc in Q1 FY21: CEA Subramanian
Updated : 6 years, 1 month ago IST
New Delhi [India], May 4 (ANI): Chief Economic Advisor (CEA) K V Subramanian said on Monday the GDP growth in the first quarter (April to June) this fiscal is likely to range between one to two per cent due to COVID-19 led crisis and subsequent lockdown which brought economic activities t
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GDP growth at 1.9 pc in FY21 to be lowest in 29 years: Ind-Ra
Updated : 6 years, 1 month ago IST
Mumbai (Maharashtra) [India], April 27 (ANI) India Ratings and Research (Ind-Ra) on Monday revised its FY21 gross domestic product (GDP) growth further down to 1.9 per cent, the lowest in last 29 years (FY92: GDP grew 1.1 per cent) based on the assumption that the partial lockdown will conti
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India's GDP likely to grow between minus 0.9 pc to 1.5 pc in FY21: CII
Updated : 6 years, 1 month ago IST
New Delhi [India], April 23 (ANI): India's economic growth is likely to hover between zero and 1.5 per cent in the current financial year as the extended COVID-19 lockdown slows down activity across most sectors, the Confederation of Indian Industry (CII) said on Thursday.
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SBI research unit puts loss of Rs 12.1 lakh crore due to COVID-19 lockdown
Updated : 6 years, 1 month ago IST
Mumbai (Maharashtra) [India], Apr 16 (ANI): With the COVID-19 lockdown being extended till May 3 and simultaneously government providing some relaxations from April 20, a report by State Bank of India's economic research department on Thursday estimated the overall loss for FY21 at Rs 12.
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Wipro reports 6 pc fall in Q4 profit, holds back revenue guidance for Q1 F
Updated : 6 years, 1 month ago IST
Bengaluru (Karnataka) [India], April 15 (ANI): IT major Wipro on Wednesday reported a 6 per cent year-on-year fall in profit at Rs 2,345 crore for the January to March quarter as compared with Rs 2,494 crore in the year-ago period.
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Ind-Ra revises energy infrastructure sector FY21 outlook to negative
Updated : 6 years, 1 month ago IST
Mumbai (Maharashtra) [India], April 10 (ANI): India Ratings and Research (Ind-Ra) has revised its outlook for energy infrastructure companies to negative from stable for FY21 as the COVID-19-driven lockdown is likely to affect liquidity level in all companies across the power sector value ch
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Fitch cuts India growth forecast to 30-year low of 2 pc for FY21
Updated : 6 years, 2 months ago IST
Singapore, April 3 (ANI): Fitch Ratings on Friday cut its GDP growth forecast for India to 2 per cent for the fiscal year ending March 2021 after lowering it to 5.1 per cent previously, which will make it the slowest growth in India over the past 30 years.
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India's growth to slow to 4 pc in FY20, recover to 6.2 pc in FY21
Updated : 6 years, 2 months ago IST
Manila [The Philippines], April 3 (ANI): The Asian Development Bank (ADB) projects India's gross domestic product (GDP) will slow to 4 per cent in the fiscal year 2020 ending on March 31, 2021 due to a weak global environment and continued efforts to contain the novel coronavirus (COVID-19)
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Dipping domestic gas and crude oil prices a double whammy for upstream pro
Updated : 6 years, 2 months ago IST
New Delhi [India], Apr 2 (ANI): The domestic gas price notified at 2.39 dollars per mmbtu (million British thermal unit) for H1 FY21 is a sharp decline of 26 per cent from the price of 3.23 dollars per mmbtu applicable for H2 FY20 and the lowest since the institution of modified Rangarajan f
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