Fiscal Year

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Fiscal Year - Total results - 10
COVID-19 Outbreak: Railways to incur Rs 35,000 to 40,000 crore loss from passenger train services this fiscal
Business

COVID-19 Outbreak: Railways to incur Rs 35,000 to 40,000 crore loss from passenger train services this fiscal

The railways have achieved record loading of foodgrains, 80 percent more than last year, and has introduced timetabled parcel services, the Railway Board chairman said.

RBI likely to follow April-March financial year from 2020-21 to align with Centre; proposal sent to govt for approval
Business

RBI likely to follow April-March financial year from 2020-21 to align with Centre; proposal sent to govt for approval

Accordingly, the RBI's April-March financial year system in line with the Central government will be effective from 2020-21 and a proposal in this regard has been forwarded to the government for its nod, said a release.

Finance Ministry seeks input from other ministries for Arun Jaitley's last budget speech before 2019 polls
India

Finance Ministry seeks input from other ministries for Arun Jaitley's last budget speech before 2019 polls

The Finance Ministry has sought inputs from different central ministries for Arun Jaitley's budget speech, which would be the last budget of the current BJP-led NDA government before the 2019 general polls.

No plan to shift to Jan-Dec financial year from 2018: Santosh Kumar Gangwar
Business

No plan to shift to Jan-Dec financial year from 2018: Santosh Kumar Gangwar

The April-March financial year was adopted in India in 1867 to align it with that of the British government.

Union Budget 2017 on 1 Feb: End of a colonial hangover for speedy implementation of schemes
Politics

Union Budget 2017 on 1 Feb: End of a colonial hangover for speedy implementation of schemes

Departing from the colonial-era tradition of presenting the Union Budget on the last working day of February, the government on Tuesday finally announced that it will now be presented on 1 February

Top goal for BlackBerry to make devices profitable this year
News & Analysis

Top goal for BlackBerry to make devices profitable this year

BlackBerry Ltd's top priority for this year is making its devices business profitable, its chief executive said on Wednesday, even as it weighs the future of its hardware operation.

Indirect taxes collection target challenging, but achievable, says Arun Jaitley
Politics

Indirect taxes collection target challenging, but achievable, says Arun Jaitley

Finance Minister Arun Jaitley today said Rs 6.23 lakh crore indirect taxes collection target for the current fiscal is a challenging one but efforts are on to achieve the same by taking steps to boost growth.

Govt may review restrictions on gold imports by March-end: FM
Economy

Govt may review restrictions on gold imports by March-end: FM

The Indian government could review restrictions on gold imports, which include a record 10 percent import duty, by the end of this year, Finance Minister P Chidambaram said on Monday.

 GDP growth may hit decade low of 5-5% this fiscal: FM
Economy

GDP growth may hit decade low of 5-5% this fiscal: FM

The last time full-year growth fell below six percent was in 2002-03 when the economy expanded four pe cent. A slump in industrial activity combined with a drought, have dragged on India's performance this fiscal year

India will struggle to meet fiscal deficit target: Pranab
Economy

India will struggle to meet fiscal deficit target: Pranab

India will struggle to meet a fiscal deficit target of 4.6 percent for the fiscal year that ends in March, Finance Minister Pranab Mukherjee said on Wednesday.