FDI fell 16% in FY23
Foreign Direct Investment (FDI) inflows into the country declined by 16 per cent to $71 billion on a gross basis in the fiscal ended March...
Tag : financial year
IT dept issues 66.92 pc higher refunds till November for FY23
by ANI
New Delhi: The income tax (IT) department has issued 66.92 per cent higher refunds from April 1 till November 30, 2022 (April 2022-November 2022) as...
Business Tit-Bits: The Economy and Diwali Optimism
Diwali is just not a religious or cultural festival; it has a huge impact on our economy as well. We all have our buying list...
India’s growth rate to be around 7% this fiscal year: Nirmala Sitharaman in US
by Aleesha Sam
Union Finance Minister Nirmala Sitharaman on Tuesday predicted India’s growth rate to be around 7 per cent this financial year. She said that she is...
“Won’t Be Anti-National”: Raghuram Rajan Bats For RBI To Raise Rates
by Aleesha Sam
As inflationary pressures rise and calls for policy tightening increase, former RBI Governor Raghuram Rajan has weighed into the debate....
HDFC To Merge With HDFC Bank, Shares Zoom Over 15%
by Aleesha Sam
Existing HDFC Ltd shareholders will own 41% of the combined firm, which would become a fully public corporation after the housing finance company's interest in...
IMF suggests India three steps to sustain high growth rate
To sustain the high growth rate India has achieved, the country should carry out banking sector reforms; continue with fiscal consolidation, simplify and streamline GST;...
KERC set to announce hike in electricity tariffs
The Karnataka Electricity Regulatory Commission (KERC) on Monday announced the revision of tariffs. The revised tariffs will be applicable from the start of the new financial year...