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Tax target for FY 2012-13 achieved: Chidambaram

Finance Minister P Chidambaram on Saturday said the fiscal deficit for 2012-13 will be better than 5.2 per cent as tax collection target of over Rs 10.38 lakh crore has been achieved.“As......

Firms raise Rs 58,801 crore via equity markets in FY'15

Indian companies have raised a staggering Rs 58,801 crore (Rs 588.01 billion) through equity markets in the financial year that ended on Tuesday - the best funds mop-up since 2010-11 fiscal. The......

PSU banks account for over 90% of total bad loans in FY'14

Public sector banks accounted for over 90 per cent of total non-performing assets (NPAs) that the banking sector registered in 2013-14. Of Rs 2.40 lakh crore (Rs 2.40 trillion) gross NPAs reported......

RBI's profit falls 14.75% in FY14

The Reserve Bank on Thursday said its surplus (profit) for the FY'14 fiscal declined 14.75 per cent to Rs 52,679 crore (Rs 526.79 billion) as its interest income from investments in foreign......

CAD may come down to 2.3% of GDP in FY'15

India's current account deficit is likely to narrow to 2.3 per cent of gross domestic product this fiscal as the new government is expected to focus on exports and reduce dependency on imports,......

Consumption may touch 75 MT in FY'15: Tata Steel

Tata Steel expects the metal's consumption in India to grow by about 5 per cent to 75 million tonne in 2014-15 on hopes that the economy will kick-start once the new government is in place after......
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'Infosys to double revenue growth in 2016-17'

Infosys, India’s second-largest information technology services company, was expected to see stronger revenue growth in 2015-16 and 2016-17,... ...

http://www.rediff.com/money/report/tech-infosys-to-double-revenue-growth-in-2016-17/20150401.htm
An exceptionally bad year for commodities

l, precious metals, wheat, sugar, cotton, edible oils, among others - falling between 10 and 50 per cent in Indian and in global markets. However,... ...

http://www.business-standard.com/article/markets/2014-15-an-exceptionally-bad-year-for-commodities-115033101460_1.html
State Bank to divest 10% in SBI Life to foreign partner

State Bank of India (SBI) on Tuesday said that it would be divesting 10 per cent stake in its subsidiary SBI Life Insurance Company. VG Kannan,... ...

http://www.mydigitalfc.com/news/state-bank-divest-10-sbi-life-foreign-partner-070
Govt cuts dividend payment estimate from banks, FIs for FY15

or 2014-15 had expected dividend income from PSBs and financial institutions to be Rs 10,887 cr Abhijit Lele | Mumbai March 31, 2015 Last Updated... ...

http://www.business-standard.com/article/economy-policy/govt-cuts-dividend-payment-estimate-from-banks-fis-for-fy15-115033100780_1.html
Firms raise Rs 58,801 crore via equity markets in FY'15

Indian companies have raised a staggering Rs 58,801 crore (Rs 588.01 billion) through equity markets in the financial year that ended on Tuesday -... ...

http://www.rediff.com/money/report/firms-raise-rs-58801-crore-via-equity-markets-in-fy15/20150331.htm

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