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About 6 results for "fy 2009 10"

2017-18 divestment proceeds may exceed Rs 72,500 crore
Rediff.com

2017-18 divestment proceeds may exceed Rs 72,500 crore

For first time in 8 yrs, stake sale proceeds could exceed Budget Estimates. ONGC's acquisition of HPCL alone could get the exchequer more than Rs 30,000 crore. Illustration: Dominic Xavier/Rediff.com In the backdrop of expected tax revenue shortfall due to the Goods and Services Tax (GST) implementation and a possible spending stimulus to revive a flagging economy and create jobs, Finance Minister Arun Jaitley will depend on revenue heads like divestment to adhere to the fiscal deficit target ... Rediff.com, 3 weeks ago
DNA

Au Bon Pain Cafe goes the McDonald's way as Sanjiv Goenka pulls plug

RP-Sanjiv Goenka Group is believed to have closed down almost all the Au Bon Pain Caf├ęs in India spread across Bangalore, Kolkata and the National Capital Region following what is being seen as souring of relationship between Goenka's Spencer's Retail and ...
 DNA4 weeks ago

Centre likely to achieve 3.2% fiscal deficit target

The government is likely to achieve the fiscal deficit target of 3.2% of GDP for the first time in about seven years, but may cut its capital expenses by Rs 70,000 crore to meet the goal, said a report by SBI Research. "There are doomsday predictions ...
 Deccan Herald1 month ago

10 economic commandments for Modi

Instead of a consumption stimulus the government must address the NPA issue on a war footing and invest in infrastructure, affordable housing and exports, says Sanjeev Nayyar. Illustration: Dominic Xavier/Rediff.com. The economic slowdown and GDP growth of 5.7 per cent in the April-June quarter 2017 has dominated the media discourse for the last week. Much was expected from the prime minister's speech at the Bharatiya Janata Party's national executive meeting. The focus was, however, on ...
 Rediff.com1 month ago
Rediff.com

YOUR Rs 25 lakh crore debt has RBI worried! Here's why

In the past three years, personal loans have grown at twice the rate of growth in personal disposable income, leading to a steady rise in household indebtedness. At the end of March this year, Indians owed Rs 25.2 lakh crore to banks and listed non-banking finance companies (NBFCs), up 65 per cent in the past three years.  Krishna Kant reports. Illustration: Uttam Ghosh/Rediff.com A rising share of consumption in India's economic growth has begun to strain the balance sheets of ...
 Rediff.com2 months ago
Rediff.com

Why 'bulls' are a worried lot today

The gap between Nifty's price-earnings multiple and economic growth is at a 12-year high The lower-than-expected growth of the economy during the April-June quarter has widened the differential with equity valuations to an all-time high. The benchmark Nifty50 index is trading at 24.2 times its trailing 12-months earnings per share, which is over four times economic growth in terms of gross value added (GVA) of 5.6 per cent during the first quarter of the current fiscal year (FY18). This level ...
 Rediff.com2 months ago
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