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Airlines gain altitude, but will fly into losses this fiscal, too

New Delhi, April 15 | Domestic airlines are expected to log net losses in FY22 on the back of lower domestic air traffic compared...

Mall revenue recovery to be restricted to 80-85% of pre-pandemic levels...

New Delhi, April 14 | The revenue of shopping malls is foreseen growing by 45-55 per cent this fiscal after an expected 45 per...

‘Global fiscal deficit tripled in 2020 to $6.5 trillion’

Mumbai, April 13 | As governments across the world raised their spending amid the pandemic to support economies along with the healthcare system, the...

Judges should encroach field of fiscal regulatory measures warily: SC

New Delhi, March 23 | The Supreme Court on Tuesday said it is neither within the domain of the courts nor the scope of...

Fiscal figures point towards lower than estimated FY21 deficit

New Delhi, March 4 | Latest revenue as well as expenditure figures point towards a lower than estimated fiscal deficit for FY21, said the...

Afghan Parliament approves Budget for current fiscal year

Kabul, Feb 22 | The Afghan Parliament on Monday approved the current fiscal year's Budget with a majority of votes after weeks of tensions...

Punjab to revive industry in post-Covid era with fiscal incentives

Chandigarh, Feb 19 | To promote post-Covid-19 industrial revival and attract greater investment, the Punjab Cabinet on Friday gave approval to amend the Industrial...

Fiscal support to economic growth to weaken in 2020s decade: Report

New Delhi, Feb 13 | The fiscal support to economic growth is likely to weaken substantially in the 2020s-decade vis-a-vis the 2010s', a study...

India’s Budget points to a loosening of fiscal policy: Fitch Ratings

Mumbai/Hong Kong, Feb 11 | Indias Budget presented on February 1 by Union Finance Minister Nirmala Sitharaman points to a loosening of fiscal policy...

Govt to return to pre-COVID fiscal deficit path in 3 yrs:...

New Delhi, Feb 10 | The government, which announced higher spending in key sectors to propel economic growth after a COVID-triggered contraction, intends to...

Cutting off-budget borrowings has raised fiscal deficit guidance

New Delhi, Feb 8 | Government's more transparent stand in terms of its accounts has resulted in country's fiscal deficit taking a longer glide...

Disinvestment aimed at growth, not to plug fiscal deficit: DIPAM Secy...

By Rituraj Baruah & Subhash NarayanNew Delhi, Feb 7 | As the Budget 2021 comes up with major thrust on privatisation of public sector...

Fiscal Fears: RBI to maintain rates, accommodative stance (IANS Poll)

By Rohit VaidNew Delhi/Mumbai, Feb 4 | High fiscal deficit levels along with fears of fanning inflations will deter the Reserve Bank of India...

Balancing Act: Fiscal expansion to cost 6% deficit in FY22

New Delhi, Feb 1 | Centre's fiscal expansion during the ongoing Covid-19 pandemic induced revenue constraint is set to cost India a fiscal deficit...

Economic Survey seeks more short-term fiscal support

New Delhi, Jan 29 | The Economic Survey for 2020-21 has suggested that the government should come up with more fiscal measure for short...

Ktaka’s budget outlay might dip by at least 10% in 2021-22...

Mysuru, Jan 23 | Karnataka chief minister, B. S. Yediyurappa on Saturday hinted that Athe state budget for 2021-22 will be downsized given the...

Fiscal deficit of states to hit peak of Rs 8.7 lakh...

New Delhi, Jan 20 | The Covid pandemic-induced lockdown and consequent slump in economic activity will hit tax collections of states and result in...

Bird flu to hit Jan sales, unlikely to cull poultry profitability...

New Delhi, Jan 18 | The avian flu outbreak in India could pare poultry sales by a third this month, but if the history...

India’s economy shrank 9.6% in 2020-21, can rise with vaccine to...

By Arul LouisNew York, Jan 5 | India's economy battered by the Covid-19 pandemic is forecast to crater by 9.6 per cent during the...

India’s Apr-Nov fiscal deficit at over 135% of budgeted target (Lead)

New Delhi, Dec 31 | India's budgetary fiscal deficit for the April-November 2020-21 period stood at Rs 10.75 lakh crore, or 135.1 per cent...

India’s Apr-Nov fiscal deficit at over 135% of budgeted target

New Delhi, Dec 31 | India's budgetary fiscal deficit for the April-November 2020-21 period stood at Rs 10.75 lakh crore, or 135.1 per cent...

‘US economy plateauing due to Covid-19 resurgence, lack of fiscal support’

Washington, Dec 3 | The US economy is "plateauing" due to a continued resurgence of new coronavirus cases across the country and the lack...

Yellen expected to pass further fiscal stimulus

New Delhi, Dec 1 | US President-elect Joe Biden is poised to choose Janet Yellen as his Treasury Secretary and top cabinet official in-charge...

Indebtedness of states may hit decade-high 36% this fiscal: Crisil Ratings

Mumbai, Dec 1 | The pandemic-induced lockdown and consequent slump in economic activity will increase states' indebtedness to atleast 36 per cent this fiscal...

India’s Apr-Oct fiscal deficit at around 120% of budgeted target (Lead)

New Delhi, Nov 27 | India's budgetary fiscal deficit for the April-October 2020-21 period stood at Rs 9.53 lakh crore, or 119.7 per cent...

India’s Apr-Oct fiscal deficit at around 120% of budgeted target

New Delhi, Nov 27 | India's budgetary fiscal deficit for the April-October 2020-21 period stood at Rs 9.53 lakh crore, or 119.7 per cent...

US Fed chief renews call for more fiscal support

Washington, Nov 18 | US Federal Reserve Chairman Jerome Powell renewed his call for Congress to roll out more fiscal support, as the country...

Aus economic recovery could falter without fiscal boost: Treasury Secy

Canberra, Nov 6 | Australia's economic recovery from the ongoing coronavirus pandemic could "falter" without strong fiscal stimulus from the government, Treasury Secretary Steven...

IMF chief economist urges more fiscal stimulus to boost recovery

Washington, Nov 3 | Gita Gopinath, chief economist of the International Monetary Fund (IMF), has urged policymakers to provide more fiscal stimulus to boost...

India’s Apr-Sep fiscal deficit at around 115% of budgetary target

New Delhi, Oct 29 | India's budgetary fiscal deficit for the April-September 2020-21 period stood at Rs 9.13 lakh crore, or 114.8 per cent...

States’ fiscal deficit to almost double in FY21, suggests RBI report

New Delhi, Oct 27 | The states' finances are going deeper into a crisis situation with a new Reserve Bank of India report now...

Intel reports 4% revenue drop in fiscal Q3

San Francisco, Oct 23 | Intel's fiscal third-quarter revenue reached $18.3 billion, down 4 per cent year-over-year as its data-centric revenue declined 10 per...

Covid to reduce profits of hospitals by 35-40% this fiscal: Crisil

Mumbai, Oct 20 | Postponement of elective surgeries, revenue loss from the highly profitable medical tourism segment, and increasing safety and sanitisation costs amid...

Riding on 5G, Apple may see 15% iPhone growth next fiscal...

San Francisco, Oct 17 | Apple is expected to witness 15 per cent iPhone growth next fiscal year and the primary wave of...

Covid fiscal support ‘modest’, direct govt spending at 1.2% of GDP:...

New Delhi, Oct 15 | Centre's latest measures aimed at inducing consumer demand have been termed as too less and also quite late given...

Conditional fiscal stimulus at minimal 0.2% of GDP: SBI Ecowrap

New Delhi, Oct 13 | The latest stimulus measures announced by the Centre will lead to a maximum additional cash outgo of Rs 40,000...

Consolidated Centre, state fiscal deficit may touch 13% of GDP: SBI...

New Delhi, Oct 1 | The FY21 consolidated fiscal deficit of the Centre and state governments might touch 13 per cent of GDP, said...

India’s Apr-Aug fiscal deficit at over 109% of budgetary target (Lead)

New Delhi, Sep 30 | India's budgetary fiscal deficit for the April-August 2020-21 period stood at Rs 8.70 lakh crore, or 109.3 per cent...

Lack of fiscal support poses downside risk to US economy: Fed...

Washington, Sep 25 | US Federal Reserve Chairman Jerome Powell said that the lack of further fiscal support would pose a downside risk to...

US stocks close higher on hope of new fiscal stimulus

New York, Sep 25 | US stocks managed to realize marginal growth amid positive signals about additional fiscal stimulus.On Thursday, the Dow Jones Industrial...

NBFC delinquencies could see up to 250 bps spike this fiscal

New Delhi, Sep 18 | The rapid increase in Covid-19 afflictions and intermittent lockdowns will increase asset quality challenges of non-banking financial companies (NBFCs),...

Covid battered residential-realty demand to halve this fiscal: Crisil

New Delhi, Sep 15 | Covid-19 battered residential-realty demand is expected to halve this fiscal, Crisil Research said on Tuesday.According to Crisil Research, the...

India’s April-July fiscal deficit at 103.1% of budgetary target (Lead)

New Delhi, Aug 31 | India's budgetary fiscal deficit for the April-July 2020-21 period stood at Rs 8.21 lakh crore, or 103.1 per cent...

India’s April-July fiscal deficit at 103.1% of budgetary target

New Delhi, Aug 31 | India's budgetary fiscal deficit for the April-July 2020-21 period stood at Rs 8.21 lakh crore, or 103.1 per cent...

‘Economy unlock will curb fleet operator revenue fall to 15% this...

New Delhi, Aug 28 | A likely surge in freight demand as economic activities return to normal will contain the fall in fleet operator...

Punjab seeks fiscal package to manage Covid crisis

Chandigarh, Aug 25 | Citing the huge revenue losses suffered by the state on account of the Covid-19 pandemic and the resultant lockdown, the...

‘US needs additional sizable fiscal package to contain pandemic’

Washington, Aug 11 | The US needs an "additional sizable fiscal package" to contain the COVID-19 pandemic and boost economic recovery, the executive board...

COVID-19 fallout: Fiscal deficit may rise 6.8 pc of GDP in...

New Delhi, Aug 3 | With economic disruptions set for a long haul due to COVID-19 pandemic, India could see its fiscal deficit this...

April-June fiscal deficit at 83.2% of budgetary target (Ld)

New Delhi, July 31 | India's budgetary fiscal deficit for the April-June 2020-21 period stood at Rs 6.62 lakh crore, or 83.2 per cent...

‘EU recovery fund radical change from austerity, fiscal conservatism’

Rome, July 23 | In his report to the Italian parliament on the recently concluded European Union (EU) summit which agreed on a landmark...

Business

IIIT-H develops unique charging solution for e-bikes

Hyderabad, April 21 | Researchers at the International Institute of Information Technology, Hyderabad (IIIT-H) have designed a unique charging solution for e-scooters.Dr. Aftab Hussain,...