Search For "fy21"
Equities begin FY21 in the red as COVID-19 keeps traders on edge
Updated : 6 years, 2 months ago IST
Mumbai (Maharashtra) [India], Apr 1 (ANI): Equity benchmark indices traded lower during early hours on Wednesday as the new financial year (2020-21) kicked in with investors focused on rising coronavirus infections and its impact on the Indian economy.
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Ind-Ra revises FY21 GDP growth downwards to 3.6 pc
Updated : 6 years, 2 months ago IST
Mumbai (Maharashtra) [India], Mar 30 (ANI) India Ratings and Research (Ind-Ra) on Monday revised its new financial year 2020-21 gross domestic product (GDP) growth down to 3.6 per cent from 5.5 per cent.
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Muted power demand growth to delay PLF recovery, discom dues on the rise:
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Mar 10 (ANI): India Ratings and Research (Ind-Ra) has revised the power sector outlook to negative for FY21 from stable-to-negative on account of muted growth in electricity demand and rising discoms dues.
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Ind-Ra revises outlook on textile sector to negative
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Feb 19 (ANI): India Ratings and Research (Ind-Ra) has revised the textile sector's outlook to negative for FY21 from stable as weak domestic demand growth, threat of cheap imports and dwindling incentives and exports are likely to keep volumes muted.
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RBI keeps repo rate unchanged at 5.15 pc, projects FY21 GDP at 6 pc
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Feb 6 (ANI): The Reserve Bank of India (RBI) on Thursday decided to keep its short-term lending rate unchanged at 5.15 per cent in the sixth bi-monthly policy review of current financial year 2019-20 but said that there is policy space available for future ac
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Budget targets slide amid growth slowdown: Fitch Ratings
Updated : 6 years, 4 months ago IST
Hong Kong, Feb 5 (ANI): The Union Budget for fiscal year ending March 2021 (FY21) implies a modest degree of slippage from previous targets to consolidate public finances, Fitch Ratings said on Wednesday.
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FY21 fiscal deficit pegged at 3.5 per cent of GDP
Updated : 6 years, 4 months ago IST
New Delhi [India], Feb 1 (ANI): The fiscal deficit target for next financial year beginning on April 1 has been pegged at 3.5 per cent of the gross domestic product (GDP), Financial Minister Nirmala Sitharaman said on Saturday.
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GDP growth to range between 6 to 6.5 pc in FY21: Economic Survey
Updated : 6 years, 4 months ago IST
New Delhi [India], Jan 31 (ANI): India's gross domestic product (GDP) is expected to rebound and grow at a rate of 6 to 6.5 per cent in the next financial year 2020-21, according to the Economic Survey laid in Parliament on Friday.
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Marginal uptick in GDP for FY21 at 5.5 pc but downside risks remain: Ind-R
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Jan 22 (ANI): India Ratings and Research (Ind-Ra) said on Wednesday it expects gross domestic product (GDP) to grow at 5.5 per cent year-on-year in the next financial year (FY 20-21) but added that downside risks persist.
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Thermal capacity addition to remain subdued over FY20-FY21: Ind-Ra
Updated : 6 years, 11 months ago IST
New Delhi [India], July 11 (ANI): India Ratings and Research (Fitch Group) said on Thursday it expects coal-based capacity addition in the Indian power sector, which fell to a low of 3.6 gigawatt in 2018-19, to remain subdued at five to six GW per year in this fiscal year and next.
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