FISCAL

FY20 GST collection pegged at Rs 12.60-13.40 lakh crore

New Delhi: CARE Ratings has projected the gross Goods and Services Tax (GST) collections in the range of Rs 12.60 to 13.40 lakh crore in ...Read More

India’s economic growth slowed down slightly in 2018-19: Finance Ministry report

India’s economic growth slowed down slightly in 2018-19: Finance Ministry report

New Delhi: The Indian economy appears to have slowed down in 2018-19 due to lower private consumption, tepid growth in fixed investment a...Read More

Yes Bank books loss of Rs 1,506 crore

Yes Bank books loss of Rs 1,506 crore

New Delhi: Private sector lender Yes Bank Friday reported a loss of Rs 1,506.64 crore for the fourth quarter ended March 2019 owing to ri...Read More

Rs 8,634 crore FPIs in April’19

New Delhi: Overseas investors have pumped in a total of Rs 8,634 cr into the Indian capital markets in the first five trading sessions of...Read More

Bhopal: Despite loan waiver, Kamal Nath manages to keep co-op societies afloat

Bhopal: Despite loan waiver, Kamal Nath manages to keep co-op societies afloat

The farm loan waiver announcement made everyone think that it might upset the fiscal health of the state cooperative societies. It was ev...Read More

RE Certificates sales down 22 pc

RE Certificates sales down 22 pc

New Delhi: Sales of renewable energy certificates declined over 22 per cent to 1.25 crore units this fiscal on IEX and PXIL as compered t...Read More

Government banks on advance tax to meet direct tax target

New Delhi: In the wake of sluggish tax collection for the current fiscal, the government has now turned to advance tax collection numbers...Read More

GST evasion: Rs 20,000 crore in April-February 2019

GST evasion: Rs 20,000 crore in April-February 2019

New Delhi: The government has detected Rs 20,000 crore worth GST evasion so far this fiscal and will take more steps to check frauds and ...Read More

Indore: Devi Ahilya Vishwavidyalaya Rs 53 lakh deficit budget

Indore: Devi Ahilya Vishwavidyalaya Rs 53 lakh deficit budget

Indore: Devi Ahilya Vishwavidyalaya is going to present Rs 306 crore budget with deficit of Rs 52.5 crore for fiscal 2019-20 at executive...Read More

Rs 27,380 crore sought from RBI

New Delhi: The finance ministry has sought from the Reserve Bank of India Rs 27,380 crore that was withheld by the central bank towards r...Read More

Two-wheeler exports from India rise 19.5 percent in April-January

Two-wheeler exports from India rise 19.5 percent in April-January

NEW DELHI: At a time when two-wheeler manufacturers are finding sales moving at a slow pace in the domestic market, their exports have ri...Read More

Dividend is a Government right: Shaktikanta Das

Dividend is a Government right: Shaktikanta Das

Mumbai: Reserve Bank Governor Shaktikanta Das on Thursday said it is the right of the government to ask for an interim dividend from it a...Read More

Average monthly GST mop-up at Rs 97,100 crore

New Delhi: The average monthly collection of Goods and Services Tax (GST) in the current fiscal has increased to Rs 97,100 crore from Rs ...Read More

Direct tax kitty pegged at Rs 13.8 lakh-crore

Direct tax kitty pegged at Rs 13.8 lakh-crore

New Delhi: Direct tax collection for current fiscal exceeded the budgeted target by Rs 50,000 crore to Rs 12 lakh crore, while FY20 fisca...Read More

India to grow at 7.2 percent from early growth of 6.7 percent, says CSO

India to grow at 7.2 percent from early growth of 6.7 percent, says CSO

New Delhi: The Indian economy is expected to grow at 7.2 per cent in 2018-19, a tad higher from 6.7 per cent in the previous fiscal, main...Read More

Government to infuse Rs 83K crore in PSBs shortly: Arun Jaitley

New Delhi: The government on Thursday said it will enhance the capital infusion in public sector banks to Rs 83,000 crore, taking the tot...Read More

Government to infuse Rs 42,000 crore in PSU banks this fiscal

Government to infuse Rs 42,000 crore in PSU banks this fiscal

New Delhi: The government will infuse Rs 42,000 crore in the state-owned banks by March-end and the next tranche would be released as ear...Read More

Government likely to miss 3.3 percent fiscal deficit goal in FY19

Government likely to miss 3.3 percent fiscal deficit goal in FY19

Mumbai: Despite repeated assurances, India will not be able to narrow fiscal deficit to the targeted 3.3 per cent for 2018-19 of GDP on a...Read More

4 banks may be out of PCA this fiscal

New Delhi: The finance ministry hopes that 3-4 banks would come out of the RBI’s Prompt Corrective Action watchlist this fiscal, followin...Read More

Arun Jaitley says no RBI funds needed to meet fiscal deficit target

Arun Jaitley says no RBI funds needed to meet fiscal deficit target

New Delhi: Finance Minister Arun Jaitley clarified on Saturday that the government does not need any extra funds from the Reserve Bank of...Read More