Fiscal
- Business
Fiscal, monetary policies are working in tandem to boost economic growth: FM Sitharaman
New Delhi: Union Finance Minister Nirmala Sitharaman on Saturday said that the government’s monetary and fiscal policies are working in tandem and would further benefit the growing economy with the robust Budget…
- Business
World Bank expects India’s fiscal deficit to shrink further
New Delhi: India’s fiscal deficit is expected to shrink further, on the back of growing tax revenues, according to a World Bank report. The report noted that this trend is anticipated to…
- Business
Reliance Q3 net profit rises 7.4 percent
New Delhi: Reliance Industries Ltd on Thursday reported a 7.4 percent rise in its December quarter net profit, as its retail business rebounded and telecom earnings rose. Its consolidated net profit of…
- Technology
Online pharmacy sector in India to see steady revenue growth next fiscal
New Delhi: The online pharmacy sector in the country will see steady revenue growth next fiscal, reducing operating losses to below 10 per cent from over 30 per cent in fiscal 2023,…
- India
Indian pharma sector set for 8-10pc revenue growth this fiscal: Report
New Delhi: After achieving about 10 per cent growth last year, the Indian pharmaceuticals sector is again set to log a revenue growth of 8-10 per cent this fiscal, according to a…
- Business
India’s fiscal deficit for April-July stands at 17.2 pc of full-year target
New Delhi: The Central government’s fiscal deficit in the first four months (April-July) of the current financial year stands at Rs 2.77 lakh crore which works out to 17.2 per cent of…
- Delhi
Govt to seek Parliament’s nod for additional expenses for current fiscal
Delhi: The Government will on Monday seek Parliament’s approval for discussion and voting on supplementary demands for grants for the current fiscal. It will also seek approval for discussion and voting for…
- Automobile
Maruti Suzuki lines up Rs 5,000 cr capex for current fiscal
New Delhi: Maruti Suzuki India (MSI) has lined up Rs 5,000 crore capex for various initiatives, including new product launches, for the current financial year, according to a senior company official. The…
- Business
India’s GDP growth expected at 7.8% next fiscal: Crisil
New Delhi: India’s gross domestic product (GDP) growth is expected to come in at 7.8 per cent in fiscal 2023, said ratings agency Crisil. According to the ratings agency, any potential upside…
- India
President gives assent to Act allowing govt to spend Rs 3.73 lakh cr extra during current fiscal
New Delhi: President Ram Nath Kovind has given his assent to the Appropriation (No. 5) Act, 2021 that authorizes the government to spend an additional Rs 3.73 lakh crore during the current…