New Delhi [India], Feb 1 (ANI): Finance Minister Nirmala Sitharaman said on Monday the fiscal deficit for FY21 has been pegged at 9.5 per cent of the GDP and will come down to 6.8 per cent in FY22.
New Delhi [India], January 29 (ANI): The Indian economy can contract by 7.7 per cent in current financial year ending on March 31 and the growth could be 11 per cent in the next financial year, according to the Economic Survey tabled in Parliament by Finance Minister Nirmala Sitharaman.
New Delhi [India], January 27 (ANI): The Union Budget for 2021-22 due to be presented on February 1 is expected to introduce more relief measures as well as an economic stimulus package to support the economy in the wake of Covid-19 pandemic, professional services firm KPMG said on Wednesday
Mumbai (Maharashtra) [India], January 22 (ANI): The Union Budget for 2021-22 should focus on boosting aggregate demand, expenditure reprioritisation and mobilising higher non-tax revenue, India Ratings and Research (Ind-Ra) said on Friday.
Mumbai (Maharashtra) [India], January 15 (ANI): Housing finance companies (HFCs) are expected to generate 12 to 17 per cent return on equity in the next two years as credit costs normalise, Motilal Oswal Financial Services said on Friday.
New Delhi [India], Jan 13 (ANI): After a 7.8 per cent pandemic-driven contraction in the ongoing fiscal year, India's real GDP is projected to record an expansion of 10.1 per cent in FY2022, according to investment information agency ICRA.
New Delhi [India], December 28 (ANI): The quarterly securitisation volumes will continue to strengthen for rest of the current financial year and remain robust in FY2022, investment information agency ICRA said on Monday.
New Delhi [India], December 24 (ANI): With inelastic demand for drugs and resumption of production to the near pre-Covid levels by Q3 FY21, revenue growth for Indian pharmaceutical market is expected to be 7 to 9 per cent in FY21 despite muted growth in Q1 FY21, according to investment infor
New Delhi [India], December 23 (ANI): Telecom service providers (telcos) are expected to dial in next round of tariff hikes over the next one or two quarters which is likely to drive revenue growth in the next financial year (FY2021-22), according to investment information firm ICRA.
Singapore, December 8 (ANI): Fitch Solutions has maintained that the Reserve Bank of India (RBI) will lower its policy repurchase (repo) rate by another 50 basis points by the end of FY22 (April 2021 to March 2022) with forecasts specifically looking at 25 basis points at the last FY21 polic
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
Singapore, Sep 25 (ANI): S&P Global Ratings on Friday affirmed its BBB-minus long-term and A-3 short-term unsolicited foreign and local currency sovereign ratings on India.