expenditure

In its report on state finances for the year ended March 31, 2023, tabled in the state Assembly on Friday, the CAG said the ratio of revenue deficit to fiscal deficit indicates the extent to which borrowed funds were utilised. for current consumption.However, the persistently high ratio of...

Mumbai: The Red Sea crisis is likely to hit auto components industry margins in the coming quarters amid higher container rates and shipping times, credit rating agency ICRA said on Thursday, projecting moderate growth for the industry in this fiscal year.According to the rating agency, about...

According to rating agency ICRA, operating margins are expected to improve year-on-year in FY25, driven by factors such as better operating leverage and higher value addition."Demand from domestic original equipment manufacturers (OEMs) constitutes more than 50 per cent of the Indian auto...

Mumbai, India's high public debt offers limited fiscal space to adopt welfare measures that can help stimulate the economy, a foreign brokerage said on Monday.In a report coming weeks before the budget presentation, Goldman Sachs said Finance Minister Nirmala Sitharaman could continue with the...

Leader of the Opposition, Vijay Wadettiwar, who tried in vain to make his point, led the walkout saying that the Speaker should have allowed him and other opposition members to speak on the Deputy Chief Minister's reply.Wadettiwar said that Ajit Pawar took more time for his reply than the...

Rashid, who is jailed since 2019 after being accused by the NIA in a terror financing case, defeated former J&K Chief Minister Omar Abdullah from Baramulla Lok Sabha seat as an independent candidate by over 2 lakh votes in the recent elections.The ECI notification was given by the deputy...

Srinagar, A notice has been issued to newly elected MP Sheikh Abdul Rashid aka Engineer Rashid, who is in jail in a terror financing case, over a significant disparity in his election expenditure report for Baramulla constituency Lok Sabha in Jammu and Kashmir.The electoral authority has...

New Delhi, Poverty in India is estimated to have declined to 8.5 per cent in 2022-24 from 21.2 per cent in 2011-12, despite the challenges posed by the pandemic, according to a research paper by the NCAER economic think tank.The article titled 'Rethinking social safety nets in a changing...

The report of data intelligence firm Tracxn states that funding for the retail sector has increased by 32 percent to $ 1.63 billion in the first half of 2024, which was $ 1.23 billion in the first half of 2023.The report further states that the total funding round has raised over $100 million...

New Delhi [India], A Jefferies report has revealed stark disparities in spending patterns among Indians, showing that average spending on weddings far exceeds investments in 18 years of early childhood education.According to the report, the average expenditure on weddings in India amounts to...

Speaking to reporters here, V. Somanna said, "Keeping in mind the further necessary measures to enhance the transport system in and around Bengaluru in the coming days, we have a blueprint for a circular rail network ready."The circular railway network will be 10 km away from the suburban...

Net tax revenue in April-May stood at Rs 3.19 lakh crore, or 12 per cent of the annual target, higher than the figure of Rs 2.78 lakh crore in the same period last year.The total expenditure of the government during the same period was Rs 6.23 lakh crore i.e. about 13 percent of the annual...

New Delhi [India], The Government of India reported that its total receipts from tax and non-tax revenues are Rs 5,72,845 crore, which is 18.6 per cent of the Budget Estimate (BE) for the financial year 2024-25. End of May 2024.This information was shared by the Finance Ministry on Friday as...

Mumbai, a monthly allowance of Rs 1,500 for women in the age group of 21-60 years, three free LPG cylinders a year for households, farmer-friendly measures and a monthly stipend of Rs 10,000 for youth for vocational training were the highlights of the Maharashtra government's initiative. The...

Pawar announced the 'Mukhyamantri Majhi Ladki Bahin Yojana' with a monthly aid of Rs 1,500 for eligible women between 21 and 60 years with an annual expenditure of Rs 46.6 billion.In a bid to woo farmers in the state, who are in distress due to crop damage and falling prices of agricultural...

Bharti Airtel and Reliance Jio are likely to see significant gains in average revenue per user (ARPU) following the tariff hike. Vodafone Idea has not implemented mobile tariff hike yet."This will result in an increase in profit generation, giving the industry scope to undertake capital...

Kolkata, data center operator CtrlS Datacenters Ltd to invest Rs 24,000-28,000 crore by 2029 as part of its capital expenditure plan to expand capacity by 600-700 MW of IT load incrementally from 253 MW existing with 15 data centers in eight cities, a company official said.Asia's largest...

According to the Economic Survey 2023-24 presented in the Maharashtra Assembly on Thursday by Deputy Chief Minister Ajit Pawar, although public debt has increased to 17.6 per cent of gross state domestic product (GSDP) against 16.5 per cent, it is well within the range of Rs. The prescribed...

According to the report, the central government will not face any economic challenges in pursuing capital expenditure and development works in the upcoming budget. The government receives financial assistance of about 40 to 50 basis points.Jefferies said the FY25 budget will have a positive...

Recent indicators suggest that private consumption is resuming its role as the main driver of demand and is gaining broad base to include rural consumers. The bulletin said the fast-moving consumer goods sector is gearing up for a strong turnaround on expectations of increased public welfare...