Oct 28, 2012 12:20 PM IST
State-owned steelmaker Rashtriya Ispat Nigam Ltd (RINL) plans to raise about Rs 5,000-6,000 crore in the next three years from the markets to meet its capital expenditure requirements.
- Oct 18, 2012 02:52 PM IST
ICRA has come out with its release on state government finances. Several challenges confront state governments as they attempt to conform to fiscal targets set by the Thirteenth Finance Commission for 2012-13, says ICRA.
- Sep 04, 2012 02:48 PM IST
Pulling up the Coal India management this time, auditing agency CAG today said it could have saved at least Rs 20 crore for the state-run firm had it initiated prudent action against avoidable expenditure.
- Sep 04, 2012 09:00 AM IST
The Kelkar panel report on fiscal consolidation has been submitted to the Finance Minister. The panel may call for a review of the 5.1% fiscal deficit target. Finance ministry estimates peg the target at 6%. The panel may push for speedy divestment and monetisation of PSU assets, reports CNBC-TV18's Aakansha Sethi quoting sources.
- May 31, 2012 06:02 PM IST
India announced a series of austerity steps on Thursday, including a 10% cut in non-plan expenditure for 2012/13, in a bid to contain its ballooning fiscal deficit.
- Mar 16, 2012 10:29 AM IST
Managing Director of Morgan Stanley Chetan Ahya tells CNBC-TV18 that the market will not be swayed by promises, but will keep an eye out for execution and how the targets are met.
- Mar 15, 2012 09:02 PM IST
Commerce Secretary Rahul Khullar believes that the growth forecast announced today in the Economic Survey is too optimistic, and says that he expects it to come around 6.5% for FY13.
- Mar 12, 2012 11:27 AM IST
A stressed treasury, an inflation barely under control coupled with unexciting growth performance, electoral verdicts signaling the pro-poor image losing luster, all conspire to make his life difficult.
- Dec 09, 2011 03:29 PM IST
As per rule 8D, a formula has been given by the CBDT with regard to determination of the expenditure.
- Oct 30, 2011 06:55 PM IST
India's combined fiscal deficit --of both the Centre and states--during 2011-12 could be as high as 8.6% of the GDP and any further slippage could risk a credit downgrade and loss of business confidence, says a report.
- Aug 25, 2011 05:39 PM IST
The RBI annual report which takes a comprehensive look at the economy has warned of a tough 2011-12.
- May 19, 2011 05:02 PM IST
Jet Airways’ vice president of finance, Shiv Kumar, tells CNBC-TV18 that the loss incurred in Q4 on an annual basis was mainly on account of fuel price hikes.
- Feb 14, 2011 07:04 PM IST
In an interview with CNBC TV-18, Dr. Kirit Parikh, Dr. Abhijit Sen, Dr. M Govind Rao gave their views on what should be the economy policy issues that should underpin the forthcoming budget.