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Operating margins of sugar companies expected to moderate in FY22: ICRA

New Delhi, April 17 | The operating margins of sugar companies are likely to moderate in FY22 due to higher production cost and reduced...

Asset quality headwinds to impact NBFCs performance in FY22: ICRA

New Delhi, April 14 | Domestic retail-assets under management (AUM) are facing asset quality headwinds which will moderate growth in FY21, ratings agency ICRA...

Wonderchef aims 30% sales growth in FY22

New Delhi, April 14 | With revival of consumer demand, Wonderchef targets to increase its sales by 30 per cent in the ongoing financial...

Vax drive, earnings growth to determine market’s FY22 trajectory: Report

Mumbai, April 3 | Vaccination drive along with earnings growth will determine India's stock markets' trajectory in FY22, said Motilal Oswal...

Equity market starts FY22 on a high despite volatility

Mumbai, April 1 | The Indian stock market started the financial year 2021-22 on a high, tracking gains in the global markets.Devarsh Vakil, Deputy...

India’s PV industry to post 22-25% growth in FY22: ICRA

New Delhi, March 30 | India's passenger vehicle industry is expected to post a growth of 22 to 25 per cent in FY22, ratings...

FY22 growth estimate of 10.5% need not be revised: RBI Guv

New Delhi, March 25 | Showing confidence on India economic recovery, Reserve Bank of India Governor Shaktikanta Das said that the growth projection of...

Expect pickup of upstream oil producers’ profitability in FY22: Ind-Ra

New Delhi, March 18 | Profitability of upstream oil producers is expected to pick up in FY22, led by rising oil and gas prices...

Cement demand expected to grow at 13-14% in FY22: Ind-Ra

New Delhi, March 16 | Cement demand is expected to grow at 13-14 per cent year-on-year in FY22 after two consecutive years of flat-to-negative...

Double digit GDP growth expected in FY22: Report

New Delhi, March 11 | As economic activities gather pace and investor sentiments revive, GDP growth is likely to enter a double-digit growth trajectory...

Monthly GST payments on PayMate may double by FY22-end

New Delhi, March 10 | B2B payments platform PayMate expects monthly GST payments on its platform to nearly double by the end of FY22.In...

India’s GDP growth to rebound to 11% in FY22: Crisil

New Delhi, March 9 | India's gross domestic product (GDP) growth is expected to rebound to 11 per cent in fiscal 2022, after an...

Petrol at Rs 75 and diesel Rs 68 a litre in...

New Delhi, March 4 | Consumers can be spared from a rally in retail prices of petrol and diesel if the two auto fuels...

‘GDP poised to enter double digit growth trajectory in FY22’

New Delhi, March 4 | Economic activity has remained intact and the GDP is poised to enter a double digit growth trajectory in FY22,...

RIL to carve-out its oil-to-chemicals business by Q2 FY22

New Delhi, Feb. Feb 23 | Reliance Industries Ltd (RIL) proposes to carve out its oil-to-chemicals (O2C) business into a separate wholly-owned subsidiary by...

Muthoot Homefin aims to disburse Rs 700 cr home loans in...

New Delhi, Feb 21 | Muthoot Homefin aims to disburse home loans worth Rs 700 crore in the upcoming financial year (FY2021-22).In a statement,...

Fertiliser manufacturers’ credit metrics to improve in FY22: Ind-Ra

New Delhi, Feb 19 | Fertiliser manufacturers' credit metrics will improve in the upcoming fiscal given the strong likelihood subsidy backlog clearance post allocation...

Low base to accelerate FOCs growth in FY22: ICRA

New Delhi, Feb 13 | Luxury car segment financiers - Foreign passenger vehicle NBFC Captives (FOC) - are likely to see a pick-up in...

NMDC may wait till late FY22 to demerge/disinvest its steel unit

New Delhi, Feb 11 | Country's largest iron ore producer NMDC may have to wait till the end of monsoon this year before commissioning...

Base Effect: India’s FY22 GDP expected to grow 10.4%, says Ind-Ra

New Delhi, Feb 10 | India's gross domestic product (GDP) growth will bounce back to 10.4 per cent year-on-year (YoY) in FY22, primarily driven...

India’s FY22 budget has potential to lift growth: Fitch Ratings

Mumbai, Feb 10 | India's FY22 budget has the potential to lift economic prospects, as higher expenditure will support the near-term recovery and increased...

Govt expects to complete Air India, BPCL sale in Q1 FY22

By Rituraj Baruah & Subhash NarayanNew Delhi, Feb 10 | With a renewed push to its disinvestment policy, the Centre expects to complete the...

‘More than full’ economic recovery likely in FY22: FinMin report

New Delhi, Feb 10 | As the economy emerges out of the pandemic-induced slowdown, a report by the Department of Economic Affairs (DEA) has...

Consolidation in public sector oil firms may be back on table...

By Subhash NarayanNew Delhi, Feb 6 | After a gap of more than two years, the government may again revive the plan for further...

FY22 GDP growth seen at 10.5%: RBI Governor

Mumbai, Feb 5 | After an estimated contraction in the current financial year, India's GDP is expected to grow at 10.5 per cent in...

Personal tax: Mostly procedural relief proposed for FY22

New Delhi, Feb 1 | A revenue constrained Union Budget 2021-22 did not offer much to personal taxpayers, with mostly procedural relief rather than...

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...

FM proposes 34.5% increase in FY22 Capex

New Delhi, Feb 1 | Finance Minister Nirmala Sitharaman on Monday proposed to increase the capital expenditure by 34 per cent in comparison to...

FY22 disinvestment target at Rs 1.75L cr, 2 PSBs to be...

New Delhi, Feb 1 | The government has pegged its target for disinvestment for FY 2021-22 at Rs 1.75 lakh crore.A major announcement made...

Post Covid: FY22 Budget to give ample opportunity for economic reset,...

New Delhi, Feb 1 | Indias first budget post the onset of Covid-19 pandemic has ample opportunities for growth and economic reset.The Union Budget...

‘Higher allocation needed for power distribution infra in Budget FY22’

New Delhi, Jan 26 | The Centre needs to come up with higher budgetary allocation for power distribution infrastructure in the upcoming Union...

Budget FY22: Realtors expect subvention scheme, wider definition of affordable housing

New Delhi, Jan 26 | As the housing market revives from the lows hit last year, developers expect more measures in the upcoming budget...

‘Govt’s primary spending to grow 2nd lowest in two decades in...

New Delhi, Jan 25 | With constrained revenue position running well into next financial year and country's fiscal position under strain, the government would...

Healthcare sector revenues likely to grow by 20% in FY22: ICRA

New Delhi, Jan 18 | Even as the healthcare sector witnessed squeezing of revenues due to the Covid-19 pandemic, its long-term outlook remains stable...

Strong recovery in oil and gas volumes likely in FY22: ICRA

Mumbai, Jan 9 | The domestic demand for petroleum products is expected to increase at a healthy rate of 8 to 10 per cent...

Entities to require LEI for large value transaction via RTGS, NEFT...

Mumbai, Jan 5 | The 'Legal Entity Identifier' system will now be applicable for payment transactions of value Rs 50 crore and above undertaken...

‘Discretionary’ sectors demand to reach pre-Covid levels only beyond FY22

New Delhi, Jan 5 | The country's 'discretionary sectors' are expected to take until FY22 or beyond to fully recover back to the pre-Covid-19...

Adequate order book to boost construction companies’ FY22 performance: ICRA

New Delhi, Jan 5 | Adequate order book position, along with strong pipeline of projects and government measures, are expected to boost construction companies'...

Low base, leisure travel to lift FY22 domestic air passenger traffic:...

New Delhi, Jan 4 | Low base, along with rising leisure travel and gradual opening up of corporate offices, will accelerate the growth of...

Better asset quality to drive banks’ credit, earnings in FY22: ICRA

New Delhi, Dec 28 | Improved asset quality, along with lower credit provisions, could drive better profitability for banks and rejuvenate their lending decisions,...

‘Dividend payout norms for NBFCs should come into effect from FY22’

New Delhi, Dec 27 | The Finance Industry Development Council (FIDC), an industry body of asset and loan financing NBFCs has written to the...

Govt may reduce oil subsidy budget by half in FY22

New Delhi, Dec 25 | A rather stable phase of oil prices is expected to help the government make big cuts in the oil...

PSU asset monetisation likely to get fillip in Budget FY22

New Delhi, Dec 23 | The pandemic has created severe pressure on the government's coffers, thereby making asset monetisation and disinvestment the Centre's priorities...

PHDCCI suggests strategy to attain higher growth in FY22

New Delhi, Dec 19 | Refuelling of consumption demand must be the theme of the Union Budget FY 2021-22 to have a multiplier effect...

FICCI suggests infra push, rationalising of GST slabs in FY22 budget

New Delhi, Dec 18 | As the Finance Ministry prepares for the upcoming Union Budget for the FY21-22, it has been speaking to several...

Earnings to recover sharply in FY22 on economic revival: Report

Mumbai, Dec 17 | Corporate earnings are likely to witness a sharp revival in the next financial year backed by economic recovery, said a...

‘Survival of the fittest for general insurers in FY22’

By Venkatachari JagannathanChennai, Dec 7 | With mergers and acquisitions (M&A) already dotting the private players in the Indian general insurance sector this fiscal...

Barclays raises India’s FY22 GDP growth forecast to 8.5%

New Delhi, Nov 19 | British multinational investment bank and financial services company Barclays on Thursday revised India's GDP forecast for FY22 to 8.5...

Sitharaman tells central PSUs to scale up capex in FY21, FY22

New Delhi, Oct 19 | Stressing the need for capital expenditure (capex) by Central Public Sector Enterprises (CPSEs), Union Finance Minister Nirmala Sitharaman has...

Business

Discord ends talks with Microsoft for its $10B acquisition deal

San Francisco, April 21 | Popular online chat app Discord has reportedly ended talks with Microsoft for its $10 billion acquisition deal, The Wall...