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Why Finance Minister Jaitley disappointed Defence Minister Jaitley

The finance minister hiked the total defence expenditure from Rs 203,672 crore in FY 2013-2014 to Rs 229,000 crore for FY 2014-2015. Though the increase appears substantial, it is insufficient to......

ADB to increase India lending by 50% to $12 bn by 2018

ADB pegs India's GDP growth at 7.8 per cent in FY 2015-16 Asian Development Bank proposes to increase lending to India by almost 50 per cent to $12 billion by 2018, ADB President Takehiko Nakao......

RBI's forecasters peg FY'16 growth at 7.9%

A survey sponsored by RBI has projected the economic growth rate at 7.9 per cent for the current fiscal, up from 7.5 per cent in 2014-15. "In 2015-16, Gross Value Added at basic price (GVA) is......

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......

Air India shows operational, financial improvement in FY'14

State-owned Air India has shown improvement both in terms of operational as well as financial parameters in 2013-14 over the previous fiscal, the government said in Parliament on Tuesday.......
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  Web results for Fy 12
Does investment in manufacturing generate steel demand?

Apparently there is something to cheer for the steel industry as the consumption in the first quarter of FY16 has nearly repeated the growth rate... ...

http://www.financialexpress.com/article/markets/commodities/does-investment-in-manufacturing-generate-steel-demand-2/96112/
550 FCI depots to go online in FY16

The Food Corporation of India (FCI) will put all its 550-odd grain depots under an online system where the movement of grains from the surplus... ...

http://www.financialexpress.com/article/markets/commodities/550-fci-depots-to-go-online-in-fy16-2/96110/
Nomura

Lupin has announced the acquisition of a Russian pharmaceutical company ZAO Biocom. Biocom manufactures generic pharmaceuticals sold largely in... ...

http://www.financialexpress.com/article/markets/indian-markets/lupin-acquires-russian-pharma-firm-with-eye-on-em-expansion-2/96106/
Sharekhan

With close to one-third of its revenues from Europe, Cox & Kings (CKL) is likely to get affected by the turmoil in Europe and the expected currency... ...

http://www.financialexpress.com/article/markets/indian-markets/retain-buy-on-cox-kings-but-europe-turmoil-may-weigh-2/96107/
Irdai slaps penalty on Tata AIA , IndiaFirst

Country’s insurance regulator IRDA has imposed penalties on IndiaFirst Life Insurance Co and Tata AIA Life Insurance Co for committing violations... ...

http://www.mydigitalfc.com/insurance/irdai-slaps-penalty-tata-aia-indiafirst-240

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