Fiscal Year

India has projected gross market borrowing at 15.43 trillion Indian rupees ($185.88 billion) for the fiscal year ending on March 31, of which it plans to borrow 8.88 trillion rupees between April and September.

Govt gets over Rs 3,400 crore dividend from NIIF, ECGC

The government has already mopped up Rs 5,200 crore as dividends from public sector companies so far in the current fiscal.

Pakistan govt hikes next fiscal year's federal budget; hints at holding general elections this year

The evidence has been gleaned from the 31 per cent hike in the next fiscal year’s federal development budget to Rs 950 billion, reported the Express Tribune newspaper.

Budget 2023: Govt raises farm credit target by 11% to Rs 20 lakh crore for FY24

The agricultural credit target is Rs 18 lakh crore for the current 2022-23 fiscal.

Centre relaxes norms for adjusting states' off-budget borrowings

India Ratings & Research Chief Economist DK Pant said adjustment of off-budget borrowing of FY21 and FY22 would have resulted in severe resource crunch for few states. Decision of deferring adjustment of off-balance sheet borrowing of the state where debt servicing is being done through state budget is a good decision.

Road-based logistics sector may see 7-9% rise in revenue this fiscal: Report

This will be largely due to the debt-funded vehicle replacement capex induced by the upcoming scrappage policy, along with the rising interest rate regime, rating agency Icra said in the report on Thursday.

DGFT issues RCs for 1.6 million tonne wheat export after May 13 ban order

The government is allowing wheat shipments for which irrevocable letters of credit (L/C) were issued on or before May 13, when the ban on the export of the foodgrain was imposed with an aim to contain rising prices.

India to spend 6.5% more on food subsidies in fiscal year 2019-20: Sources

The government is set to earmark about 1.8 trillion rupees ($25.28 billion) for food subsidies next fiscal year as it tries to contain its budget deficit ahead of the next general election due by May.

India on track to meet 3.2% fiscal deficit target: UBS

The central government's fiscal deficit has already reached 81 per cent of the full-year target in the first quarter (April to June) of 2017-18. "Accordingly, the cumulative fiscal deficit reached 2.6 per cent of GDP FYTD.

RBI to focus on managing liquidity in new fiscal year

The RBI kept its repo rate unchanged at 6.25 percent for a third consecutive policy meeting on Thursday as it continues to guard against a potential flare-up in inflation and an uncertain global economic environment.

COMMENT: Using history, geography and politics to pick stock winners for FY18

Our research into the top 10 gainers and losers does throw up some interesting insights.

On the lookout to add more spectrum in our portfolio: Vodafone

Speaking to CNBC-TV18, Sunil Sood, MD and CEO, Vodafone India said that the company is in the lookout to add more spectrum to its portfolio by spectrum trading, sharing or auctions.

Food ministry seeks $20 billion in subsidies for 2016/17: Source

Although Prime Minister Narendra Modi is implementing the expensive food welfare plan approved by his predecessor Manmohan Singh, his government is trying to rein in overall subsidies to focus on investment in manufacturing and infrastructure.

Economy can grow 8% in coming fiscal year: Jayant Sinha

Speaking on the sidelines of the Economic Times Global Business Summit, Sinha said that a favourable rainy season could add between 0.5 and 1 percentage point to growth in Asia's third-largest economy.

UBS sees Nifty at 8,200 by year-end

On prices, it said the country's disinflationary process is likely to continue largely aided by political commitment, RBI policy, below-trend growth, and balance sheet repair. It expects CPI inflation in the fiscal year 2016-17 at around 4.6 percent.

RBI to hold rates steady, growth seen rising to 7.3%: Poll

All 45 economists surveyed expected the RBI to stand pat at its policy review on Tuesday, while the range of forecasts for gross domestic product growth for the latest quarter was between 6.9-7.6 percent, with the median at 7.3 percent. The GDP data is set to be released on Monday.

Pernod Ricard sees India becoming no.2 mkt on strong growth

Pernod Ricard, owner of Absolut vodka and Jameson whisky, also plans to perk up growth in its top two markets, the United States and China, in the medium-term by launching new products and possibly by acquiring some brands.

GDP to exceed 7.3% this fiscal year: Jaitley

"(The) Indian economy is expected to grow better than 7.3 percent - the level achieved last fiscal year - and at an even higher level next year," Jaitley told an investment forum in Dubai.

BOJ to cut price forecast for next fiscal yr only slightly

By not straying far from its current projections for next year, the BOJ can maintain that it is still broadly on course to meet its inflation goal of 2 percent next year without stepping up its massive asset purchase program, people with direct knowledge of the matter told Reuters.

Apollo Tyres sets sights again on US expansion

Apollo's global push is aimed at reducing dependence on the domestic market, where passenger and commercial vehicle sales are recovering slowly after a slump and where it plans to invest USD 400 million over the next three to four years.

PwC global revenue rises 10% in FY15, India growth at 17%

The global consultancy firm reported strong growth across all all lines of businesses and in all regions, even as business environment across the globe remained challenging.

April-Aug fiscal deficit narrows to 66.5% of annual target

The deficit was at 74.9 during the same period a year ago.

Arun Jaitley says will reassess GDP forecast for 2015/16

The government now forecasts that the economy would achieve real growth of around 8 percent in the 2015/16 fiscal year. The pace of growth slowed by more than expected to 7 percent in the quarter to June.

India FY16 GDP growth still seen around 8%: CEA Subramanian

Arvind Subramanian's comments came days after economic growth slowed at a faster-than-expected pace to 7 percent in the quarter to June.

Credit growth pick up only after eco deleverages: Barclays

"Historically, credit growth has been accompanied by a pick-up in deleveraging as seen in 2005-07 and 2010-11. This is yet to happen, therefore, the lower growth rate," British financial services company said in a report today.