Fiscal Targets
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Country On Track To Achieve 4.5% Fiscal Deficit, Says Finance Minister
Union Finance Minister Nirmala Sitharaman has said the government is on track to achieve the target of 4.5 per cent fiscal deficit by 2025-26.
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Sony Readying a 'Pro' Version of PS5 This Year Ahead of GTA 6 Launch in 2025: Report
Sony could reportedly release a Pro version of the PlayStation 5 later this year to help PS5 sales find a second wind in the latter half of the current console generation. The PS5 has sold over 50 million units since its launch in November 2020, but the sales for the console are slowing down. Sony is set to miss its PS5 sales target for fiscal year...
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Sony Set to Miss PS5 Sales Target for FY 2023, Says Marvel's Spider-Man 2 Sold 10 Million Copies
Japan's Sony slashed the full-year sales forecast for its PlayStation 5 console on Wednesday and said it plans to list its financial business next year as it focuses on entertainment and image sensors. Sony cut its PS5 sales forecast for the year ending March to 21 million units, from 25 million units previously, after weaker-than-expected sales ov...
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Apple's iPhone Sales Target Billions Below Wall Street Expectations as China Business Suffers
Apple on Thursday forecast a drop in iPhone sales and targeted overall revenue $6 billion (roughly Rs. 49,714 crore) below Wall Street expectations as its China business took a hit. This overshadowed overall fiscal first-quarter sales and profit that beat analysts' targets, powered by iPhone growth, sending Apple shares down 3 percent in after-ho...
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Net Direct Tax Collection Grows 22% To Rs 10.60 Lakh Crore So Far
Net direct tax collection swelled 22 per cent so far this fiscal year to Rs 10.60 lakh crore, crossing 58 per cent of the Budget target for the full year, the Income Tax department said on Friday.
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Centre's Fiscal Deficit Touches 39% Of Full-Year Target In FY24's 1st Half
The central government's fiscal deficit touched 39.3 per cent of the full-year target in the first half of the current financial year, slightly higher than 37.3 per cent recorded in the year-ago period.
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GTA 6 Might Release as Soon as 2024, Rockstar Games Owner Take-Two Hints
Grand Theft Auto 6 could launch as soon as 2024. Rockstar Games’ parent company Take-Two shared its latest yearly earnings report, which details that it’s aiming to achieve $8 billion in net bookings within the fiscal years 2025 and 2026. The fiscal year 2025 will begin in April 2024 and a massive target as such could only be achieved via a maj...
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Coal India Surpasses Annual Output Target For First Time Since 2006
Coal India Ltd said today it had breached its annual production target of 700 million tonnes, the first time it had surpassed its goal since the fiscal year that ended in March 2006.
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Fiscal Deficit Touches 67.8% Of Full-Year Target At January End: Data
The central government's fiscal deficit touched 67.8 per cent of the full-year target at the end of January due to higher expenses and lower revenue realisations, according to official data released on Tuesday.
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Fiscal Deficit To Be Under 4.5% By 2025-26, Says Finance Minister
Budget 2023: The finance minister retained the fiscal deficit target of 6.4 per cent in the revised estimate for FY2022-23 and reduced it to 5.9 per cent for the next fiscal.
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India's Fiscal Deficit For April-December Reaches 60% Of Full-Year Target
Net tax receipts rose to 15.56 trillion rupees while total expenditure was 28.18 trillion rupees, government data showed.
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Budget 2023: This Law Plays A Key Role In Government Expenses
These documents - Macro-Economic Framework Statement and Medium-Term Fiscal Policy cum Fiscal Policy Strategy Statement - are statements under the Fiscal Responsibility and Budget Management (FRBM) Act, 2003.
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Centre To Keep Gross Borrowing Under $196 billion For 2023/24: Report
The government has so far raised 12.93 trillion rupees up to Jan. 27, which is 91% of the overall gross borrowing target of 14.21 trillion rupees in the 2022/23 fiscal year which ends on March 31.
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Union Budget 2023: Centre Likely To Focus On Deficit Reduction
In pulling back the deficit, Finance Minister Nirmala Sitharaman's budget for the financial year beginning April 1 will also help hold inflation below the top of the central bank's target range, 6%.
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Union Budget 2023: Government May Take Conservative Path To Divestments
The government had set a disinvestment target of Rs 65,000 crore for the fiscal year 2022-23. However, it failed to meet the target and could raise only Rs 31,106.4 crore. All eyes are now on the Union Budget 2023 to know the government's divestment plans for the next fiscal and how it will utilise its stakes in public sector undertakings.
-
Country On Track To Achieve 4.5% Fiscal Deficit, Says Finance Minister
Union Finance Minister Nirmala Sitharaman has said the government is on track to achieve the target of 4.5 per cent fiscal deficit by 2025-26.
-
Sony Readying a 'Pro' Version of PS5 This Year Ahead of GTA 6 Launch in 2025: Report
Sony could reportedly release a Pro version of the PlayStation 5 later this year to help PS5 sales find a second wind in the latter half of the current console generation. The PS5 has sold over 50 million units since its launch in November 2020, but the sales for the console are slowing down. Sony is set to miss its PS5 sales target for fiscal year...
-
Sony Set to Miss PS5 Sales Target for FY 2023, Says Marvel's Spider-Man 2 Sold 10 Million Copies
Japan's Sony slashed the full-year sales forecast for its PlayStation 5 console on Wednesday and said it plans to list its financial business next year as it focuses on entertainment and image sensors. Sony cut its PS5 sales forecast for the year ending March to 21 million units, from 25 million units previously, after weaker-than-expected sales ov...
-
Apple's iPhone Sales Target Billions Below Wall Street Expectations as China Business Suffers
Apple on Thursday forecast a drop in iPhone sales and targeted overall revenue $6 billion (roughly Rs. 49,714 crore) below Wall Street expectations as its China business took a hit. This overshadowed overall fiscal first-quarter sales and profit that beat analysts' targets, powered by iPhone growth, sending Apple shares down 3 percent in after-ho...
-
Net Direct Tax Collection Grows 22% To Rs 10.60 Lakh Crore So Far
Net direct tax collection swelled 22 per cent so far this fiscal year to Rs 10.60 lakh crore, crossing 58 per cent of the Budget target for the full year, the Income Tax department said on Friday.
-
Centre's Fiscal Deficit Touches 39% Of Full-Year Target In FY24's 1st Half
The central government's fiscal deficit touched 39.3 per cent of the full-year target in the first half of the current financial year, slightly higher than 37.3 per cent recorded in the year-ago period.
-
GTA 6 Might Release as Soon as 2024, Rockstar Games Owner Take-Two Hints
Grand Theft Auto 6 could launch as soon as 2024. Rockstar Games’ parent company Take-Two shared its latest yearly earnings report, which details that it’s aiming to achieve $8 billion in net bookings within the fiscal years 2025 and 2026. The fiscal year 2025 will begin in April 2024 and a massive target as such could only be achieved via a maj...
-
Coal India Surpasses Annual Output Target For First Time Since 2006
Coal India Ltd said today it had breached its annual production target of 700 million tonnes, the first time it had surpassed its goal since the fiscal year that ended in March 2006.
-
Fiscal Deficit Touches 67.8% Of Full-Year Target At January End: Data
The central government's fiscal deficit touched 67.8 per cent of the full-year target at the end of January due to higher expenses and lower revenue realisations, according to official data released on Tuesday.
-
Fiscal Deficit To Be Under 4.5% By 2025-26, Says Finance Minister
Budget 2023: The finance minister retained the fiscal deficit target of 6.4 per cent in the revised estimate for FY2022-23 and reduced it to 5.9 per cent for the next fiscal.
-
India's Fiscal Deficit For April-December Reaches 60% Of Full-Year Target
Net tax receipts rose to 15.56 trillion rupees while total expenditure was 28.18 trillion rupees, government data showed.
-
Budget 2023: This Law Plays A Key Role In Government Expenses
These documents - Macro-Economic Framework Statement and Medium-Term Fiscal Policy cum Fiscal Policy Strategy Statement - are statements under the Fiscal Responsibility and Budget Management (FRBM) Act, 2003.
-
Centre To Keep Gross Borrowing Under $196 billion For 2023/24: Report
The government has so far raised 12.93 trillion rupees up to Jan. 27, which is 91% of the overall gross borrowing target of 14.21 trillion rupees in the 2022/23 fiscal year which ends on March 31.
-
Union Budget 2023: Centre Likely To Focus On Deficit Reduction
In pulling back the deficit, Finance Minister Nirmala Sitharaman's budget for the financial year beginning April 1 will also help hold inflation below the top of the central bank's target range, 6%.
-
Union Budget 2023: Government May Take Conservative Path To Divestments
The government had set a disinvestment target of Rs 65,000 crore for the fiscal year 2022-23. However, it failed to meet the target and could raise only Rs 31,106.4 crore. All eyes are now on the Union Budget 2023 to know the government's divestment plans for the next fiscal and how it will utilise its stakes in public sector undertakings.
