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Monday, April 6, 2026
TopicFiscal year

Topic: Fiscal year

Indian govt says will borrow Rs 8.2 trillion in first-half of next fiscal year

The administration trimmed its gross borrowing program to 16.09 trillion rupees from 17.2 trillion rupees announced in the budget on Feb. 1.

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.

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.

On Camera

Naxalism was on decline under Manmohan Singh. Modi govt moved in at the time of consolidation

In 2005, under the UPA’s watch, Chhattisgarh launched Salwa Judum. The state gave assault rifles to Adivasi boys and pushed them into battle against their own brethren.

Saudi Arabia raises price of main oil grade to Asia to a record high premium

Saudi Aramco will increase flagship Arab Light crude prices for May sales to a premium of $19.50 over regional benchmarks for refiners in Asia, still less than what traders anticipated.

UAE walks away from financing Rafale F5 due to restricted access to technology, reports French media

French newspaper La Tribune earlier last week indicated that UAE withdrew from deal to fund EUR 3.5 billion. India is looking to order 114 new Rafales, which could include the F5.

China insulated itself against energy shocks. India is ‘all talk, no walk’

China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.