2017 Fiscal Year
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India To Spend Rs 143 Lakh Crore On Infrastructure Till 2030: Report
India will spend nearly Rs 143 lakh crore on infrastructure between fiscals 2024 and 2030, more than twice the Rs 67 lakh crore spent in the past seven financial years starting 2017, rating agency Crisil said today.
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Yes Bank Falls As RBI Censures Selective Disclosure
Yes Bank's announcement last week that RBI's audit didn't find any divergence in soured debt came as a relief for investors after the lender revised bad-loan figures for the fiscal year 2017 marking them four times higher than those previously reported.
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Can't Buy Stake In Jet, Backed By "My Country's Enemy": Qatar Airways CEO
Qatar Airways posted a $67.18 million loss for the fiscal year ended March 31, 2018, as it lost access to 18 destinations due to the political dispute.
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Ford India Turns Profitable After Nine Years
Ford Motor's India business has finally posted a profit for the first time in a decade in the fiscal year 2018. The American carmaker's India business has posted a profit of Rs. 526 crore in FY18 against the loss of Rs. 521 crore in the previous year, the company has reported to the Ministry of Corporate Affairs. Ford India has taken cost reduction...
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April-July Fiscal Deficit At 86.5% Of FY19 Target
India expects to trim the deficit to 3.3% of GDP this fiscal year, after meeting an upwardly revised fiscal deficit target of 3.5% of GDP in 2017/18.
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"Will Get Black Money Data From Switzerland By Next Year": Piyush Goyal
India will get all data from black money from Switzerland by the end of fiscal 2019, Union Minister Piyush Goyal said today, a day after the central European nation released data that showed money parked by Indians in Swiss banks rose over 50 per cent to 1.01 billion Swiss francs (Rs 7,000 crore) in 2017.
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A 10 Per Cent Rise In Sex Assault Cases Reported At Pentagon In 2017
As many as 6,769 sexual assault cases in the US military were reported in fiscal year ending on September 30, 2017, up about 10 per cent from 6,172 reported in the previous year, according to a Pentagon annual report.
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Nintendo Switch Sales Hit 17.79 Million Units Since Launch
Nintendo announced that the Nintendo Switch sales stand at 17.79 million sold worldwide since launch during its 2017 fiscal year earnings results.
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Auto Industry Registers Positive Growth In April-January 2018
Sales as well as exports grew from April 2017 to January 2018. Overall the automobile industry showed a significant growth in up to now and there is one more month to go in this fiscal year
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IPOs Enjoy Record Year, Could Have Been Even Better, Says Brokerage
In the current fiscal, 122 companies went public raising as much Rs 71,500 crore.
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US Customs Agents Are Searching More Cellphones - Including Those Belonging To Americans
US customs agents conducted 60 percent more searches of travelers' cellphones, laptops and other electronic devices during the government's 2017 fiscal year, according to statistics released Friday by US Customs and Border Protection.
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Government To Borrow Rs 50,000 Crore More In FY18
The government is likely to borrow additional Rs 50,000 crore in 2017/18 fiscal year that ends in March, the finance ministry said.
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Infosys Posts Surprise 7% Rise In Q2 Profit, But Cuts Revenue Guidance
Infosys reported a net profit of Rs 3,726 crore for the quarter ended September 30, 2017, up 7 per cent sequentially and 3.4 per cent year-on-year. Revenues rose 2.9 per cent sequentially to Rs 17,567 crore.
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iPhone X Supply Will Be Limited This Year, Will Only Meet Demand in 2018: KGI
Analyst Ming-Chi Kuo claims that the supply for the iPhone X will be very limited in this fiscal year, with shipments only meeting demand fully in 2018.
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KTM 250 Duke Sells 2300 Units In First Quarter Of 2017-18 Fiscal
Bajaj Auto announced its results for the first quarter of the 2017-18 financial year, revealing that KTM India sold 2300 units of the 250 Duke in the domestic market. The Austrian bike maker's all-new offering was launched in India in February this year, bridging the gap between the now entry-level 200 Duke and the flagship 2017 KTM 390 Duke. KTM I...
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India To Spend Rs 143 Lakh Crore On Infrastructure Till 2030: Report
India will spend nearly Rs 143 lakh crore on infrastructure between fiscals 2024 and 2030, more than twice the Rs 67 lakh crore spent in the past seven financial years starting 2017, rating agency Crisil said today.
-
Yes Bank Falls As RBI Censures Selective Disclosure
Yes Bank's announcement last week that RBI's audit didn't find any divergence in soured debt came as a relief for investors after the lender revised bad-loan figures for the fiscal year 2017 marking them four times higher than those previously reported.
-
Can't Buy Stake In Jet, Backed By "My Country's Enemy": Qatar Airways CEO
Qatar Airways posted a $67.18 million loss for the fiscal year ended March 31, 2018, as it lost access to 18 destinations due to the political dispute.
-
Ford India Turns Profitable After Nine Years
Ford Motor's India business has finally posted a profit for the first time in a decade in the fiscal year 2018. The American carmaker's India business has posted a profit of Rs. 526 crore in FY18 against the loss of Rs. 521 crore in the previous year, the company has reported to the Ministry of Corporate Affairs. Ford India has taken cost reduction...
-
April-July Fiscal Deficit At 86.5% Of FY19 Target
India expects to trim the deficit to 3.3% of GDP this fiscal year, after meeting an upwardly revised fiscal deficit target of 3.5% of GDP in 2017/18.
-
"Will Get Black Money Data From Switzerland By Next Year": Piyush Goyal
India will get all data from black money from Switzerland by the end of fiscal 2019, Union Minister Piyush Goyal said today, a day after the central European nation released data that showed money parked by Indians in Swiss banks rose over 50 per cent to 1.01 billion Swiss francs (Rs 7,000 crore) in 2017.
-
A 10 Per Cent Rise In Sex Assault Cases Reported At Pentagon In 2017
As many as 6,769 sexual assault cases in the US military were reported in fiscal year ending on September 30, 2017, up about 10 per cent from 6,172 reported in the previous year, according to a Pentagon annual report.
-
Nintendo Switch Sales Hit 17.79 Million Units Since Launch
Nintendo announced that the Nintendo Switch sales stand at 17.79 million sold worldwide since launch during its 2017 fiscal year earnings results.
-
Auto Industry Registers Positive Growth In April-January 2018
Sales as well as exports grew from April 2017 to January 2018. Overall the automobile industry showed a significant growth in up to now and there is one more month to go in this fiscal year
-
IPOs Enjoy Record Year, Could Have Been Even Better, Says Brokerage
In the current fiscal, 122 companies went public raising as much Rs 71,500 crore.
-
US Customs Agents Are Searching More Cellphones - Including Those Belonging To Americans
US customs agents conducted 60 percent more searches of travelers' cellphones, laptops and other electronic devices during the government's 2017 fiscal year, according to statistics released Friday by US Customs and Border Protection.
-
Government To Borrow Rs 50,000 Crore More In FY18
The government is likely to borrow additional Rs 50,000 crore in 2017/18 fiscal year that ends in March, the finance ministry said.
-
Infosys Posts Surprise 7% Rise In Q2 Profit, But Cuts Revenue Guidance
Infosys reported a net profit of Rs 3,726 crore for the quarter ended September 30, 2017, up 7 per cent sequentially and 3.4 per cent year-on-year. Revenues rose 2.9 per cent sequentially to Rs 17,567 crore.
-
iPhone X Supply Will Be Limited This Year, Will Only Meet Demand in 2018: KGI
Analyst Ming-Chi Kuo claims that the supply for the iPhone X will be very limited in this fiscal year, with shipments only meeting demand fully in 2018.
-
KTM 250 Duke Sells 2300 Units In First Quarter Of 2017-18 Fiscal
Bajaj Auto announced its results for the first quarter of the 2017-18 financial year, revealing that KTM India sold 2300 units of the 250 Duke in the domestic market. The Austrian bike maker's all-new offering was launched in India in February this year, bridging the gap between the now entry-level 200 Duke and the flagship 2017 KTM 390 Duke. KTM I...
