Tag: Fiscal

Bhubaneswar: As compared to its annual budget of Rs 94,000 crore in 2016-17 fiscal, the annual budget of Odisha in 2017-18 fiscal is pegged at Rs 1.06 crore. The draft annual budget proposal of the Odisha government for the financial year 2017-18 was approved by the Council of Ministers in a meeting here this evening […]

Mumbai:The Reserve Bank of India (RBI) is not expected to hike key lending rates in the current fiscal, a SBI Ecowrap report said on Saturday. “CPI inflation marginally increased to 3.77 per cent in September 2018. Interestingly, on a m-o-m basis, rural food inflation has registered a decline, even as headline registered an increase,” the […]

Bhubaneswar: Projecting 8 to 8.5 per cent growth rate in the next fiscal, Odisha’s finance minister Pradip Kumar Amat today presented the budget for 2017-18 with an outlay of Rs 1,06,911 crore, which is about 13.7 per cent more than allocated in the last budget. “We propose an outylay of Rs 1,06,911 crore for 2017-18 […]

New Delhi: The government raised its disinvestment target for 2019-20 by 12.5 per cent to Rs 90,000 crore even as less than half of the budgeted target of Rs 80,000 in the outgoing fiscal has been realised in the first 10 months. So far, the government has raised Rs 35,532 crore from the sale of […]

New Delhi: Automobile major Maruti Suzuki on Thursday reported a decline of 4.6 per cent in its net profit for the fourth quarter of 2018-19. According to the company, net profit in the quarter under review stood at Rs 1,795.6 crore as compared to the corresponding period of the previous fiscal. The company cited factors […]

New Delhi: Automobile major Maruti Suzuki India on Tuesday reported a decline of 17.2 per cent in its total sales including exports for April. According to Maruti Suzuki India, a total of 143,245 units were sold last month, compared to 172,986 units’ off-take recorded during the corresponding period of the last financial year. The company’s domestic […]