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CFOs are focused on post-pandemic prospects and difficulties
Survey finds that for FY22, about 70% of respondents predict the economy to grow at a rate of 5-10 percent or higher
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Despite robust tax collections, fiscal deficit may dip below 6.8% in FY22
Net tax collection increased by 74.4% to Rs 5.70 trillion in September from Rs 3.27 trillion the previous year.
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India remains in a zone of fiscal and macroeconomic stability: Finance Secretary
The finance secretary also downplayed concerns about the taper tantrum or the impact of the withdrawal of excess liquidity in developed markets.
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Fiscal deficit touches 31.1% of annual target at end-August
The government estimates a deficit of 6.8% of GDP, or Rs 15,06,812 crore, in the current fiscal year.
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Q1 revenue seen falling 8-10% sequentially; year-on-year may clip at 50%: Report
India Inc is likely to report a sequential decline of 8-10% in revenue at Rs 7.3 lakh crore for the first quarter of this fiscal.
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Bigger homes: Builders must deliver
To boost the crucial real estate sector, state governments can lower stamp duty like Maharashtra and developers must deliver according to promise.
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Revenue growth of drug firms in current fiscal to be in the range of 7-9%: ICRA
The credit outlook for the Indian pharmaceutical industry remains stable led by healthy accruals, low leverage levels, and healthy liquidity profile.
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Indian hotel industry’s revenue hits in FY21, seeks govt support: FHRAI
The government should make necessary special provisions to support the hospitality sector, which is worst affected due to covid-19.
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Up to 500% return: These companies are on a tear despite Covid-19 disruption
Rajratan Global Wire and JTL Infra posted 61% and 99.14% growth in net profit at Rs 53.13 crore and Rs 20.06 crore, respectively
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BharatPe’s angel investors get 80x returns as the company nears Unicorn goal
The fintech company is all set to become an unicorn with current valuation crossing $900 million
