ICRA projects the fiscal deficit at a higher Rs 17.9 trillion (or 6.9 percent of GDP), driven by free foodgrains under the PMGKAY scheme and an enhanced outgo for MGNREGA
City reported club record revenue of £569.8 million ($780 million) for their title-winning 2020-21 season.
Facebook India FY 2020 revenue up 43 percent at Rs 1,277 crore, net profit doubles to Rs 135.7 crore
Around 2.5 billion people use Facebook's family of app globally while 10 million are its active advertisers.
Disney has been opening its parks around the globe, but most were still shuttered during the company’s fiscal third-quarter.
V-Guard Q4 profit drops 47% to Rs 32 cr due to COVID-19 lockdown; says business to bounce back in coming months
V-Guard's net net revenue from operations for the quarter was Rs 541 crore, declining by 27 percent over the corresponding period of the previous year (Rs 746 crore).
COVID-19 Impact: Retail trade lost business worth Rs 9 lakh cr in 60 days; businessmen facing acute financial crunch, says CAIT
CAIT said domestic trade is facing its worst period as shops and commercial markets across the country since last Monday could register only 5% of business, and only 8% of workforce could resume their duties in shops.
Textiles manufacturer GHCL net profit falls 29% to Rs 85 cr in March quarter; lockdown impacts company's business
GHCL Ltd Managing Director R S Jalan said the current COVID-19 pandemic caused major disruptions in various business segments.
Kerala to hike IMFL prices steeply, to issue ordinance soon; govt eyes to gain extra revenue during lockdown
At present, the sales tax on IMFL is 202 percent for brands priced up to Rs 400 and 212 percent for brands above that.
Sterlite Technologies net profit slumps 50% to Rs 80 cr in March quarter; revenue from operations stands at Rs 1,160 cr
Sterlite Technologies board has recommended final dividend of 175 percent at Rs 3.50 per equity share for 2019-20, subject to shareholders' approval, the statement said.
Finance Ministry issues modified circular on salary contribution to PM-CARES Fund; says those willing should intimate officers
A circular issued on 17 April had urged all the officers and staff of the finance ministry to contribute one-day's salary every month to the fund till March 2021, beginning with May salaries.
TCS shares jump 5.5% post-Q4 earnings, m-cap rallies Rs 34,222 cr; investors anticipate demand recovery in Q3
TCS on Thursday reported a marginal dip in March quarter net at Rs 8,049 crore.
Fiscal deficit touches 128.5% of Budget estimate at January-end; expenditure-revenue gap stands at Rs 9,85,472 cr: Govt data
The fiscal deficit during the same period during 2018-19 was 121.5 percent of that year's Revised Budget Estimate (RE).
GST compensation of 9 states may double to Rs 70,000 cr in FY'20; SGST collections likely to fall this fiscal: ICRA
Subdued economic growth and reductions in GST rates have resulted in a muted 3.7 percent rise in the headline GST collections in April-November 2019.
TCS vs Infosys: While Tata's flagship firm's earnings disappoint Street, Infosys marginally ahead of estimates; Q2 analysis in 6 charts
On the rupee revenue front, both TCS and Infosys had reported record numbers at least in 22 quarters
TCS vs Infosys: While Tata's gem dazzled in net profit, Bengaluru firm did well on revenue front; Q1 analysis in 6 charts
In the June quarter, on net profit front both IT majors have beat analysts' estimates while on the operating profit margin front, there were some disappointmentsv
Narendra Modi likely to meet finance ministry department officials on 20 June, plans to discuss roadmap for growth
Ahead of the Budget, Prime Minister Narendra Modi is likely to meet all five departments of the finance ministry on 20 June to discuss the road map for boosting country's growth and generating jobs.
GST mop-up crosses Rs 1 lakh cr for three straight months in May; lower than record collection of Rs 1.13 lakh cr in April
This is the third consecutive month in which GST collections have crossed Rs 1 lakh crore mark
Mindtree's FY'19 net profit grew 32.2 percent to Rs 754.1 crore, while revenue was up 28.5 percent to Rs 7,021.5 crore from the previous fiscal.
TCS vs Infosys: Software majors beat revenue, profit estimates, but miss margin expectations; Q4 analysis in 10 charts
TCS reported a 17.7% (YoY) and 0.3% (QoQ) growth in consolidated net profit at Rs 8,126 crore for the March 2019 quarter while Infosys clocked 10.5% (YoY) and 13% (QoQ) growth in consolidated net profit at Rs 4,078 crore
Minus Rs 72,000 for poor, Congress Manifesto 2019 makes right noises; Rahul's NYAY will be party's headache
While Congress' poll manifesto is sensitive towards major economic issues, including unemployment, Rahul Gandhi's Nyay scheme is fraught with major risks — both as an idea and on the implementation front