Tag: fiscal
India's Defence Budget: Trapped In A Straitjacket
The annual budget was presented on February 1 and the allocation for the Defence Ministry offers some instructive insights about how India plans to nurture its military -- that is, the three armed forces: the army, navy and air force.....
SBI Net Profit Up 134% In Q3 On Stake Sale In Subsidiary
India's largest public sector lender State Bank of India (SBI) on Friday reported a 134.01 per cent increase in its standalone net profit to Rs 2,610 crore in the 2016-17 fiscal's third quarter ended December 31, on low provisioning for bad loans and stake sale in SBI Life Insurance.....
98% Of Government Payments In 2016-17 Made Digitally, Says CGA
Controller General of Accounts (CGA) Archana Nigam has said that 98 per cent of the total government transactions in the current fiscal, pegged at Rs 6.05 lakh crore in terms of value, have happened through the digital route.....
Drought, Note Ban Hit Karnataka's Growth: CM
Severe drought and unexpected note ban by the Centre affected Karnataka's Gross State Domestic Product (GSDP) for fiscal 2016-17, Chief Minister Siddaramaiah told the assembly on Wednesday. ....
Indian Highways Completion Is Highest In FY17
Despite extended monsoons and demonetisation, the National Highway Authority of India (NHAI) has achieved the best track record in completing highway projects during the current financial year.....
Infosys Net Up 6.4% For Fiscal 2016-17
Global software major Infosys Ltd has posted Rs 14,353 crore consolidated net profit for the fiscal 2016-17, registering 6.4 per cent annual growth from Rs 13,491 crore in the fiscal 2015-16.....
Apple To Be Worth At Least $824 Bn In 2017: Analysts
Benefiting from its expensive 'plus' models and rising demands of its products, Apple Inc will be worth at least $824 billion this year, analysts have predicted.....
Khadi Sales Record 33% Growth In 2016-17
The Khadi and Village Industries Commission (KVIC) on Monday reported nearly 33 per cent growth in sale of khadi products to Rs 2,005 crore in the fiscal year 2016-17 from Rs 1,510 crore during 2015-16. ....
India’s Organised Retail Apparel Sector To Clock 8-10 Pc Growth This Fiscal
The organised retail apparel sector in India is projected to see 8-10 per cent revenue growth this fiscal, riding on higher demand stemming from a normal monsoon, easing inflation, festive and wedding season and increasing preference for fast fashion, a report showed on Tuesday.....
