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  • India to spend 6.5% more on food subsidies in fiscal year 2019-20: Sources Jan 23, 2019 07:35 PM IST

    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 Aug 02, 2017 02:07 PM IST

    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 Apr 06, 2017 03:42 PM IST

    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 Mar 31, 2017 04:15 PM IST

    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 May 17, 2016 08:02 PM IST

    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 Feb 25, 2016 12:38 PM IST

    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 Jan 30, 2016 01:51 PM IST

    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 Jan 05, 2016 01:45 PM IST

    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 Nov 27, 2015 02:02 PM IST

    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 Nov 26, 2015 08:16 AM IST

    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 Nov 16, 2015 01:10 PM IST

    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 Oct 23, 2015 09:47 AM IST

    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 Oct 16, 2015 10:08 AM IST

    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% Oct 06, 2015 03:45 PM IST

    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 Sep 30, 2015 08:43 PM IST

    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 Sep 29, 2015 01:27 PM IST

    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 Sep 02, 2015 02:34 PM IST

    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 Aug 31, 2015 09:01 PM IST

    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.

  • Govt planning IOC divestment post Q1 nos Jun 19, 2015 12:45 PM IST

    Govt planning IOC divestment post Q1 nos

    The first quarter gross refining margins (GRMs), deregulation and LPG direct benefit transfer scheme are all being seen as positives for the divestment and hence the timing is considered to be right.

  • Indian economy to grow at 8.1% in 2015-16: UN report May 15, 2015 08:11 AM IST

    Indian economy to grow at 8.1% in 2015-16: UN report

    Indian economy is likely to clock 8.1 percent growth in the current financial year, spurred by strong consumer spending amid low inflation, infrastructure projects and government's reform measures, says a UN report.

  • RBI chief says MPC discussion not currently top of list Apr 17, 2015 10:11 AM IST

    RBI chief says MPC discussion not currently top of list

    The government and the RBI have been at odds over several proposed changes to regulation, including the creation of an independent public debt management office and the specific composition of the planned monetary policy committee.

  • Highlights: Economic Survey ahead of Budget Feb 27, 2015 12:49 PM IST

    Highlights: Economic Survey ahead of Budget

    The survey prepared by the finance ministry's chief economic adviser Arvind Subramanian on the state of Asia's third-largest economy was released ahead of Saturday's federal budget announcement for 2015/16 fiscal year that begins on April 1.

  • Railways to mobilise Rs 17,655cr from borrowing in 2015-16 Feb 26, 2015 02:38 PM IST

    Railways to mobilise Rs 17,655cr from borrowing in 2015-16

    The Market borrowing as per the revised estimate by these two companies during the current fiscal was pegged at Rs 12,045 crore from markets, according to the Railway Budget for 2015-16, which was tabled by Railway Minister Suresh Prabhu in Parliament on Thursday.

  • India to raise some freight rates from April 1: Govt Feb 26, 2015 02:00 PM IST

    India to raise some freight rates from April 1: Govt

    However, Railway Minister Suresh Prabhu said there would be no increase in passenger rail fares.

  • India promises more investment in decrepit railways Feb 26, 2015 01:00 PM IST

    India promises more investment in decrepit railways

    In a speech to parliament that outlined the annual railway budget, Prabhu did not lower or raise passenger fares, which are heavily subsidised.

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