April March Fiscal Year
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India's Economy Seen Losing Speed As Rising Rates Hurt Demand
Economists are projecting growth of 6.9% for the fiscal year from April 2022 to March 2023 - a tad below the government's prior 7% estimate and slightly higher than the International Monetary Fund's 6.8% projection.
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Ubisoft Says Too Many Titles in Development Led to Recent Game Delays, Cancellations
Ubisoft has finally revealed the reason behind its several game delays and cancellations. During its Q3 2022–23 investors call, CEO Yves Guillemot claimed that the measure was taken because the company was producing too many titles at the same time. Cutting down on minor projects will help them save time, by moving those developers on to offer su...
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Skull and Bones Delayed for the Sixth Time, Ubisoft Cancels Three Unannounced Games
Ubisoft has delayed Skull and Bones for the sixth time amid poor overall sales of its recent titles. During an investors call, detailed in a press release, the studio stated that the delays have “paid off” and that it has brought impressive improvements to Skull and Bones. To deal with losses, Ubisoft has also cancelled three unannounced games,...
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Union Budget Presentation: History And Facts
Finance Minister Nirmala Sitharaman will on February 1 present her fourth straight Union Budget when she presents financial statements and tax proposals for fiscal year 2022-23 (April 2022 to March 2023).
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Customers Withdrew Rs 18,110 Crore Deposits From Yes Bank During March-September 2019
Deposits at Yes Bank witnessed a steady decline during the March-September period last year as customers withdrew over Rs 18,100 crore, in a reflection of falling confidence in the bank. Yes Bank, which has been put under a moratorium by the Reserve Bank till April 3, during which customers are not allowed to withdraw more than Rs 50,000, had depos...
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IRDAI To Lower Third-Party Insurance Premium On Small Cars From April 1
IRDAI released an exposure draft on premium rates for motor third-party insurance for 2018-19 fiscal year and have requested stakeholders to comment on the new proposal till March 22.
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Government's Relaxed 2018-19 Fiscal Deficit Target Is 'No Surprise', Say Experts
India set its fiscal deficit target for 2018-19 at 3.3 percent of gross domestic product, Finance Minister Arun Jaitley said.
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Telangana May Introduce January-December Fiscal Format: Chief Minister K Chandrashekar Rao
Telangana Chief Minister K Chandrasekhar Rao said today that his government might introduce the state budget in a calendar year format, January 1 to December 31, in tune with the Centre's proposed policy instead of the financial year format of April 1 to March 31.
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GM India Signs Three Year Wage Agreement At Talegaon Plant
GM India has has signed a new three-year wage agreement with the General Motors Employees union at its Talegaon facility in Maharashtra.
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Sukanya Samriddhi Account to Earn 9.2% Interest: 10 Facts
The Sukanya Samriddhi scheme will earn a higher interest rate of 9.2 per cent interest (yearly compounded) in the fiscal year 2015-16 (April to March).
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Indian Companies Get Repatriated Dividend of $4billion in Last 3 Fiscals
"During the last three years, from April 1, 2011 to March 31, 2014, $4,028.06 million was repatriated as dividend and $ 1,204.78 million as profit by these companies," according to official data.
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Gold Jewellery Exports Rise Again in April
Struggling with a ballooning trade deficit, India last year imposed a record duty of 10 per cent on overseas purchases of gold, the second-biggest expense in its import bill. That hit gold jewellery exports, with shipments in the fiscal year that ended in March dropping around 40 per cent.
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Sensex ends lower; Infosys, Sun Pharma plunge
Chairman Narayana Murthy said revenue for the fiscal year ending March could grow at the lower end of the company's 11.5 to 12 per cent projection. The fall on Thursday was Infosys' biggest daily percentage fall since April 12 last year when shares slumped 21.3 per cent after the IT outsourcer issued a disappointing forecast for full-year sales gro...
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IIP grows at 2 per cent in April, slower than estimates
Although the number points to an expansion in factory output in the first month of the fiscal year, the pace does not suggest a strong revival in Asia's third-largest economy after it posted a decade-low growth for the fiscal year to March 2013.
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India to witness a drought year: Here’s how it will affect you
There is a high likelihood that 2012 will be declared a drought year, and the biggest casualty will be the farm sector. The contribution of agriculture to India's gross domestic product (GDP) may shrink to zero this fiscal from 2.8 per cent in 2011-12 because of monsoon deficiency, according to a report by Japanese brokerage major Nomura.
-
India's Economy Seen Losing Speed As Rising Rates Hurt Demand
Economists are projecting growth of 6.9% for the fiscal year from April 2022 to March 2023 - a tad below the government's prior 7% estimate and slightly higher than the International Monetary Fund's 6.8% projection.
-
Ubisoft Says Too Many Titles in Development Led to Recent Game Delays, Cancellations
Ubisoft has finally revealed the reason behind its several game delays and cancellations. During its Q3 2022–23 investors call, CEO Yves Guillemot claimed that the measure was taken because the company was producing too many titles at the same time. Cutting down on minor projects will help them save time, by moving those developers on to offer su...
-
Skull and Bones Delayed for the Sixth Time, Ubisoft Cancels Three Unannounced Games
Ubisoft has delayed Skull and Bones for the sixth time amid poor overall sales of its recent titles. During an investors call, detailed in a press release, the studio stated that the delays have “paid off” and that it has brought impressive improvements to Skull and Bones. To deal with losses, Ubisoft has also cancelled three unannounced games,...
-
Union Budget Presentation: History And Facts
Finance Minister Nirmala Sitharaman will on February 1 present her fourth straight Union Budget when she presents financial statements and tax proposals for fiscal year 2022-23 (April 2022 to March 2023).
-
Customers Withdrew Rs 18,110 Crore Deposits From Yes Bank During March-September 2019
Deposits at Yes Bank witnessed a steady decline during the March-September period last year as customers withdrew over Rs 18,100 crore, in a reflection of falling confidence in the bank. Yes Bank, which has been put under a moratorium by the Reserve Bank till April 3, during which customers are not allowed to withdraw more than Rs 50,000, had depos...
-
IRDAI To Lower Third-Party Insurance Premium On Small Cars From April 1
IRDAI released an exposure draft on premium rates for motor third-party insurance for 2018-19 fiscal year and have requested stakeholders to comment on the new proposal till March 22.
-
Government's Relaxed 2018-19 Fiscal Deficit Target Is 'No Surprise', Say Experts
India set its fiscal deficit target for 2018-19 at 3.3 percent of gross domestic product, Finance Minister Arun Jaitley said.
-
Telangana May Introduce January-December Fiscal Format: Chief Minister K Chandrashekar Rao
Telangana Chief Minister K Chandrasekhar Rao said today that his government might introduce the state budget in a calendar year format, January 1 to December 31, in tune with the Centre's proposed policy instead of the financial year format of April 1 to March 31.
-
GM India Signs Three Year Wage Agreement At Talegaon Plant
GM India has has signed a new three-year wage agreement with the General Motors Employees union at its Talegaon facility in Maharashtra.
-
Sukanya Samriddhi Account to Earn 9.2% Interest: 10 Facts
The Sukanya Samriddhi scheme will earn a higher interest rate of 9.2 per cent interest (yearly compounded) in the fiscal year 2015-16 (April to March).
-
Indian Companies Get Repatriated Dividend of $4billion in Last 3 Fiscals
"During the last three years, from April 1, 2011 to March 31, 2014, $4,028.06 million was repatriated as dividend and $ 1,204.78 million as profit by these companies," according to official data.
-
Gold Jewellery Exports Rise Again in April
Struggling with a ballooning trade deficit, India last year imposed a record duty of 10 per cent on overseas purchases of gold, the second-biggest expense in its import bill. That hit gold jewellery exports, with shipments in the fiscal year that ended in March dropping around 40 per cent.
-
Sensex ends lower; Infosys, Sun Pharma plunge
Chairman Narayana Murthy said revenue for the fiscal year ending March could grow at the lower end of the company's 11.5 to 12 per cent projection. The fall on Thursday was Infosys' biggest daily percentage fall since April 12 last year when shares slumped 21.3 per cent after the IT outsourcer issued a disappointing forecast for full-year sales gro...
-
IIP grows at 2 per cent in April, slower than estimates
Although the number points to an expansion in factory output in the first month of the fiscal year, the pace does not suggest a strong revival in Asia's third-largest economy after it posted a decade-low growth for the fiscal year to March 2013.
-
India to witness a drought year: Here’s how it will affect you
There is a high likelihood that 2012 will be declared a drought year, and the biggest casualty will be the farm sector. The contribution of agriculture to India's gross domestic product (GDP) may shrink to zero this fiscal from 2.8 per cent in 2011-12 because of monsoon deficiency, according to a report by Japanese brokerage major Nomura.
