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Wednesday, October 1, 2025
TopicFiscal year

Topic: Fiscal 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.

India’s GDP on track to grow by 8% or more in quarter ending March 31, says FM Nirmala Sitharaman

Economy is expected to show same rate of yr-on-yr expansion for 2023-24 financial year, she added, citing impact of improved inflation management & macroeconomic stability.

World Bank maintains India’s GDP growth forecast at 6.3%

This fiscal, bank credit in India grew 15.8% in the first quarter compared with 13.3% in the first quarter of the previous fiscal.

‘Rebound after second wave subdued than expected’: Fitch cuts India’s GDP forecast to 8.4%

Fitch had previously forecast growth of 8.7% in 2021-22. However, it has raised the economic growth projection for the next financial year to 10.3%, from previous forecast of 10%.

Gross advanced tax collection falls by 31% in first quarter of fiscal year

The advance corporate tax mop-up declined by 79% as well due to the three-month long lockdown imposed due to coronavirus.

Indian economy to shrink by 3.2% in fiscal year 2020-21: World Bank

While the World Bank downgraded its projection of India by a massive negative 9%, it also said the economy is expected to bounce back in 2021.

India’s per-capita income rises 6.8 per cent to Rs 11,254 a month in FY20

Data on the annual national income and GDP 2019-20 was released by the Ministry of Statistics and Programme Implementation. The per-capita income is a crude indicator of a country's prosperity.

India’s top broker sees profit growth revival on policy changes

Government's policy changes to tackle sour debt may spell growth for the next three fiscal years.

Trade tensions no bar as India, South Asia set to retain spring in growth, says ADB

The bank said India's economy was on track to meet fiscal year 2018 projected growth of 7.3% and accelerate to 7.6% in 2019. 

On Camera

Swachh Bharat Mission’s next chapter must be about unlocking the economic value of sanitation

The journey from ODF to ODF Plus Model has not been about ticking boxes, but about ensuring that households, schools, and anganwadi centres reflect the success of the rural water and sanitation missions.

Market regulator SEBI clears Adani Group of impropriety alleged by Hindenburg Research

SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.

Maharashtra Police places order for US-made sniper rifles even as MHA recommends ‘Make in India’

New Delhi: The Maharashtra Police placed an order last week for 15 US-made Barrett Multi-role Adaptive Design (MRAD) sniper rifles and related accessories worth...

Something’s hidden in the Oval Office photo of Trump, Munir, Sharif. India must look closely

What Munir has achieved with Trump is a return to normal, ironing out the post-Abbottabad crease. The White House picture gives us insight into how Pakistan survives, occasionally thrives and thinks.