Fiscal 2017

Showing of 1 - 20 from 16 results
Fiscal 2017 - Total results - 16
Jan-Mar GDP at 6.1%: India to regain tag of fastest growing economy in Q1, says Arvind Panagariya
Business

Jan-Mar GDP at 6.1%: India to regain tag of fastest growing economy in Q1, says Arvind Panagariya

Panagariya said that the growth will rebound in the current fiscal at a minimum of 7.5 percent and accelerate further in the coming years

GDP numbers explained in 7 charts: Why we should be really worried about jobs
Business

GDP numbers explained in 7 charts: Why we should be really worried about jobs

"The demographic 'dividend' is slowly turning into a 'tax' as more young people enter the workforce, while the pace of job creation is meagre"

GDP in FY17 at 7.1%: Barring note ban, govt has steered economy well but challenges remain
Business

GDP in FY17 at 7.1%: Barring note ban, govt has steered economy well but challenges remain

What should seriously worry the government’s economic managers is the fact that gross fixed capital formation (an indicator of the investment rate) has dropped to 27.1 percent of GDP

Coal India March quarter net profit drops by 38% to Rs 2,716 cr
Business

Coal India March quarter net profit drops by 38% to Rs 2,716 cr

#CoalIndia' s consolidated income increased to Rs 26,635.9 crore in the last quarter of FY2016-17

ICICI Bank CEO Chanda Kochhar draws Rs 7.85 cr in FY17, Rs 2.18 lakh per day, up 64%
Business

ICICI Bank CEO Chanda Kochhar draws Rs 7.85 cr in FY17, Rs 2.18 lakh per day, up 64%

Kochhar's total cost to the company was over Rs 4.79 crore in 2015-16 and basic salary was Rs 2.32 crore.

Vodafone's operating profit slides 10.2% in FY17 after Reliance Jio's entry
Business

Vodafone's operating profit slides 10.2% in FY17 after Reliance Jio's entry

The entry and the initial free offerings of Reliance Jio has severely hurt the financials of the incumbents as they seek to protect their customers from moving out

Good news on Railways 2016-17 revenue: Why there is still a crying need to raise fares
Business

Good news on Railways 2016-17 revenue: Why there is still a crying need to raise fares

Railways has failed to achieve even its revised passenger revenue target for the fiscal while freight revenue has declined significantly year on year

Infosys down 4%; market cap plunges by Rs 8,589 cr post Q4 numbers
Business

Infosys down 4%; market cap plunges by Rs 8,589 cr post Q4 numbers

The stock was the worst performer among the 30-Sensex companies.

Infosys misses revenue target, but aims to hit $20 bn topline by 2020; earnings in 10 charts
Business

Infosys misses revenue target, but aims to hit $20 bn topline by 2020; earnings in 10 charts

Attrition has been a sore point for the software giant. However, the company seems to have managed to rein in the employee churn. At 17.1 percent, the rate is lowest in at least 12 quarters.

Q3 GDP at 7%: How agriculture, with a robust output, saved the day for Narendra Modi
Business

Q3 GDP at 7%: How agriculture, with a robust output, saved the day for Narendra Modi

The government data shows the rabi sowing is at record high despite demonetisation. So even in the fourth quarter the support from the agriculture sector is likely to continue for the overall GDP

TCS October-December 2016 quarter net profit up 11% to Rs 6,778 cr
Business

TCS October-December 2016 quarter net profit up 11% to Rs 6,778 cr

Revenue of Tata Consultancy Services was up 8.7 percent at Rs 29,735 crore in the third quarter of 2016-17, from Rs 27,364 crore in the year-ago period.

At 7.1% GDP, we still beat China, but Modi govt has reasons to worry with pvt investments elusive
Business

At 7.1% GDP, we still beat China, but Modi govt has reasons to worry with pvt investments elusive

In short, at this stage, India’s growth is largely a consumption-led, government-funded story rather than triggered by fresh capital expenditure by companies.

GDP records tepid growth at 7.1% in April-June quarter; worry for Modi government
Business

GDP records tepid growth at 7.1% in April-June quarter; worry for Modi government

India's gross domestic product (GDP) slowed to 7.1 per cent for the first quarter of this fiscal, from 7.5 per cent in the like period of 2015-16, due mainly to lower activity in farm, mining and construction sectors, official data showed on Wednesday.

India to clock 7.4 per cent GDP growth this fiscal: StanChart
Business

India to clock 7.4 per cent GDP growth this fiscal: StanChart

The Indian economy is expected to clock a GDP growth of 7.4 per cent this fiscal largely driven by the lagged impact of a good monsoon and increased consumer spending, supported by pay commission awards, a Standard Chartered report says.

IT hiring may drop by 20% this year: Nasscom
Business

IT hiring may drop by 20% this year: Nasscom

IT industry will see 20 per cent less recruitments this year, as major players like TCS and Infosys are focusing on more automation, thus hiring lesser number of people, according to Nasscom.

India to notch up to 7.5 percent growth in 2016–17: IMF
Business

India to notch up to 7.5 percent growth in 2016–17: IMF

Driven by private consumption and increased industrial activity, India's growth is projected to notch up to 7.5 per cent in 2016–17, overtaking China's GDP by more than 1 per cent, the IMF said today.