Search Results for: fiscal deficit

Why nobody wants to run Gurugram Rapid Metro?

Speculation remains rife whether HUDA will run the enterprise, as the current concessionaire Rapid Metro Rail Gurgaon Ltd (RMGL) has expressed its inability to run it any further.

Sep 14, 2019

Govt holding in select blue chip companies to fall below 51% under new divestment drive

The minimum government holding required for an entity to qualify as a central public sector enterprise (CPSE) is 51 per cent.

Sep 12, 2019

Modi govt's challenge now is to turn nationalism into an economic force

The economy was taken for granted in the last few quarters and the country was battered by many issues like non-performing assets, demonetization, implementation of GST and the recent NBFC crisis.

Sep 11, 2019

FM Nirmala Sitharaman thinks millennials are killing the auto sector; Twitter begs to differ

The finance minister said that the auto industry has been adversely affected because millennials do not want to commit to EMIs for buying new cars.

Sep 11, 2019

No more Vande Bharat coaches to be manufactured this fiscal due to high energy consumption

Indian Railways' plan to manufacture 40 additional trains by March 2022 remains on track.

Sep 10, 2019

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Paytm parent One97's loss widens to Rs 3,960 crore amid tough competition

The losses have mounted despite transactions through Paytm rising significantly since the demonetisation.

Sep 10, 2019

Belly dancers roped in to woo investors at Pakistan's investment conference

Some Pakistani local media sites and twitterati called it the 'Naya Pakistan way', while some others compared the belly dancing to Pakistan exporting donkeys to China.

Sep 9, 2019

Centre sets up task force to identify infrastructure to be included in ₹100 trillion plan

The task force will be headed by the finance ministry's economic affairs secretary and will draw officials from government's policy think tank NITI aayog and other senior officials.

Sep 7, 2019

What is driving Mukesh Ambani's pivot away from oil to lifestyle retail?

A recent $15-billion deal with Saudi Aramco has helped the world's largest refiner Reliance Industries deleverage the balance sheet and cut debt while freeing up resources to power diversification away from core petrochemical sector.

Sep 6, 2019

Scintillating Abhishek Singh secures a tie for U Mumba against Puneri Paltan

In another closely-contested match, it was the brilliance of raider Abhishek Singh that secured one point for U Mumba against Puneri Paltan.

Sep 5, 2019

Naveen Kumar pulls of a miracle to give Dabang Delhi turnaround win over Jaipur Pink Panthers

In a case of snatching victory from the jaws of defeat, Dabang Delhi came from behind to defeat Jaipur Pink Panthers thanks to Naveen Kumar.

Sep 4, 2019

India services growth slows in August on weaker demand

The IHS Markit Services Purchasing Managers' Index declined to 52.4 in August from July's year high of 53.8, still comfortably above the 50-mark separating growth from contraction and higher than the 51.9 in a Reuters poll of analysts.

Sep 4, 2019

UP Yoddhas triumph in close encounter with Bengal Warriors

In a match where the lead fluctuated between the two teams, UP Yoddhas held their nerves to come out triumphant.

Sep 1, 2019

Q1 GDP growth at 5 percent, lowest in 6 years

A culmination of factors such as high GST rates, natural calamities, subdued farm produce prices, stagnant income levels and low job generation has led to the slowdown.

Aug 31, 2019

RBI annual report calls economic situation grim in FY20

The central bank in its review said that external demand operated as a drag for the second successive year.

Aug 30, 2019

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