Fiscal

Syndicate Bank's Rs 10,253-cr agri loans turn NPAs in last five fiscals: RTI reply

Noida-based engineer and RTI activist Amit Gupta had sought to know from the bank the amount of agriculture loans given to farmers till 2018 and how much of that had turned NPAs till last year.

Default rates among borrowers taking multiple loans from MSME lenders rise to 4.4% in three years: Report

The study shows that 45 percent of the sanctions showing loan stacking behaviour belong to loans sanctioned by NBFCs and 23 percent of the borrowers who have taken loans from NBFCs fall in this category.

Agriculture, manufacturing to push GDP growth to 7.2% in 2018-19; per capita net national income rises 11%: CSO

In terms of GDP, the rates of GFCE at current and constant (2011-12) prices during 2018-19 are estimated at 11.5 percent and 11.0 percent, respectively.

CAD widens to 2.9% of GDP during Q2 on large trade deficit; net services receipts increase by 10.2%

The CAD increased from $6.9 billion or 1.1 percent of GDP in the second quarter of 2017-18.

Gold ETFs witness Rs 290-crore outflow in Apr-Oct period; asset base declines 8% to Rs 4,621 crore

In comparison, 14 gold-linked ETFs had witnessed a withdrawal of Rs 422 crore in the first seven months of 2017-18, latest data with industry body Amfi showed.

Income tax refunds worth Rs 1.22 lakh cr issued in FY'16: Govt

India likely to see gradual growth recovery: Morgan Stanley

The Indian economy is expected to experience a gradual and sustainable recovery and post GDP growth of 7.5 percent this fiscal, American financial services firm Morgan Stanley said in a report on Tuesday

ADB, S&P peg India's growth forecast at 7.4% for FY16; 7.8% next fiscal

India's growth has been projected at 7.4 per cent for the current fiscal by Asian Development Bank as well as global rating agency Standard & Poor's

Tata Motors net profit down 56 pct as Jaguar Land Rover Chinese sales drop | Reuters

MUMBAI/NEW DELHI Tata Motors Ltd ( TAMO.NS ), India's biggest automaker by revenue, reported a surprise 56 percent drop in quarterly net profit on Tuesday, hit by cooling demand for its sleek Jaguar saloons and sporty Range Rovers in the key Chinese market. The company said it expected mixed economic conditions in China, the world's largest auto market, and other emerging economies to weigh on EBITDA margins for the fiscal year that started on April 1 compared with a year ago

Unkind cut: Govt forgets election promise, slashes healthcare spend 20% on funds strain

The government has ordered a cut of nearly 20 percent in its 2014/15 healthcare budget due to fiscal strains, putting at risk key disease control initiatives in a country whose public spending on health is already among the lowest in the world.<br />