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Tuesday, November 5, 2024
TopicFinancial year

Topic: financial year

India’s defence industry logs record growth in FY 2023-24

Value of defence production soars 16.7% from previous fiscal year to Rs 1,26,887 crore.

High growth, high volatility — what Indian economy can expect in the new financial year

As wave upon wave of Covid-19 is seen in India & abroad, the year is likely to witness alternating good & bad news, causing volatility in financial markets.

Budget 2020 is now useless. Modi govt must present a new one

Covid has ensured Modi govt won’t meet 20% growth in tax collection target. That would be a terrible assumption to make in a pandemic-hit economy.

HAL needs new orders to prevent complete halt of production after 2021-22

The company is betting on the IAF to place a multi-billion dollar order for an advanced version of the indigenously produced LCA Tejas before the financial year ends.

Modi govt plans to borrow Rs 6.4 trillion for next financial year

Investors have turned skittish about the health of India’s finances amid signs that the government is ready to sacrifice fiscal discipline.

On Camera

A Donald Trump presidency threatens Indian economy. Just see his record

The chances of a trade war that raise inflation and reduce India’s economic growth are much higher under a Trump presidency.

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

As IDF unveils robotic combat task force, Israeli maker says open to working with India

Using this technology, IDF carried out fully robotic combat missions, drastically reducing risk to Israeli troops. The robotic combat task force also enhanced situational awareness.

Xi wanted to teach India about imbalance of power. We should take a budgetary lesson from it

While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.