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2 mins read

SBI aims to become first financial firm to cross milestone of Rs 1 lakh crore profit: Chairman

SBI recorded a standalone net profit of Rs 61,077 crore in FY24, registering a growth of 21.59%.

PTI   


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2 mins read

S&P retains India's growth forecast at 6.8%, expects RBI to cut rates in Oct

S&P said the Union Budget in July outlined that the government remains committed to fiscal consolid…

PTI   


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4 mins read

Budget size almost unchanged from interim, shows govt's commitment to fiscal prudence: Experts

According to the Union Budget 2024-25 presented by Finance Minister Nirmala Sitharaman, the total e…

PTI   


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3 mins read

India may boost FY25 capex by 8-10% amid surging revenues and record RBI surplus, says Market Kaleidoscope report

This fiscal boost comes as India reaches a historic financial milestone. The total market capitaliz…

ANI   


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2 mins read

Budget: Rs 13,539 cr allocated to social justice department, 37% higher than last year

This increase is primarily focused on enhancing welfare programmes for marginalised communities and…

PTI   


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1 min read

Capital expenditure target of ₹7.5 lakh crore for FY23 to be met: Economic Survey

Capital expenditure has started pushing private investment and the Budget target of Rs 7.5 lakh cro…

PTI   


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2 mins read

Budget for world's fastest growing economy: Key numbers to be watched

Finance Minister Nirmala Sitharaman will be presenting her fifth Budget that may do a tightrope wal…

PTI   


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3 mins read

Budget 2023 likely to be populist without compromising on growth

Disinvestment targets need to be pruned after successive years of disappointments. There is a risk …

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2 mins read

Fiscal deficit target of 5.1% ambitious but achievable: Finance Secretary

Finance Secretary T V Somanathan has said the government's resolve to bring down the fiscal deficit…

PTI   


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2 mins read

Fiscal deficit at Jan-end touches 63.6% of full year target: Govt data

The government's fiscal deficit at Rs 11 lakh crore at January end touched 63.6 per cent of the rev…

PTI   


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1 min read

Coal sector PSUs poised to cross ₹21,030 crore Capex target for 2023-24

The capital expenditure (CAPEX) by public sector coal companies has touched 20,153 crore as on Janu…

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1 min read

Centre's fiscal deficit at Aug-end touches 36% of full-year target: CGA

The Centre's fiscal deficit in the first five months of 2023-24 touched 36 per cent of the full-yea…

PTI   


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1 min read

Indian government's spending and income gap in May stands at 8.2% of annual target

In absolute terms, the fiscal deficit was Rs 1,23,174 crore at end-May 2021. The government e…

PTI   


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1 min read

India's fiscal deficit shoots over its budgetary target by 109%

India's budgetary fiscal deficit for the April-August 2020-21 period stood at Rs 8.70 lakh crore, o…

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2 mins read

ONGC to invest ₹1 lakh cr in energy transition, targets net-zero by 2038

Net-zero for a company means achieving a balance between the quantum of greenhouse gases it pla…

PTI   


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2 mins read

Andhra Pradesh, Karnataka, Madhya Pradesh, Tamil Nadu and Telangana got permission for additional financial resources of ₹16,728 crore

Centre has granted permission for additional mobilise additional financial resources to the tune of…

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3 mins read

More emissions reduction targets will help Indian fossil fuel giants, IEEFA reports

The UN-backed Race to Zero campaign and the SBTi recommend that power companies committed to achiev…

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3 mins read

Indian railways target 100% electrification by December 2023

To achieve this target with creation of other infrastructure in the sector, the government has i…

Grace Kay   


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4 mins read

The Indian government has spent less than half the money it had budgeted for capital investments, so far

A big part of the market rally that unfolded post the budget speech last year was the government’s …