Expenditure Growth

Jump to

Pvt cos record 10.9% decline in net profit in Q1: RBI

Reflecting economic slowdown, listed non-financial private companies on an average posted a decline of 10.9 percent in net profit in the first quarter of the current fiscal, says a report by the Reserve Bank.
FY13 fisc at 4.9%, RBI must cut 50 bps: Morgan Stanley

Chetan Ahya of Morgan Stanley tells CNBC-TV18 that he expects the Budget to forecast expenditure growth at 7% in FY13. “Fiscal deficit for FY13 may come in at 4.9% and FY12 deficit will most likely be at 5.8-6%,” he says.
Households could cut food items intake to curb inflation

Indian households are likely to cut back on consumption of food items to manage inflation but they may not compromise on spending towards lifestyle category, according to a Morgan Stanley report.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347

Expenditure Growth

Pvt cos record 10.9% decline in net profit in Q1: RBI

FY13 fisc at 4.9%, RBI must cut 50 bps: Morgan Stanley

Households could cut food items intake to curb inflation