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fy16 17

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  News for fy16 17

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Govt gets Rs 70,000 cr from petrol, diesel excise hikes in FY16

Between April-June 2016-17, the additional excise duty  mop up on these two products stood at Rs 17,692 crore. Nine excise duty hikes over a  span of few months helped the government......

Infosys has fewer crorepati employees

In FY16, Infosys had 48 employees in India who were paid more than Rs 1 crore in annual compensation, as compared to 111 in FY15. The number of crorepati Infosys employees - those earning Rs 1......

Bears grip Sensex in FY16; investors poorer by Rs 7 lakh crore

Investor wealth too fell by nearly Rs 7 lakh crore during 2015-16 or over Rs 2,700 crore per trading session. In its worst show in four fiscals, the market benchmark Sensex on Thursday ended......

RIL, Tata Steel, Adani to gain from investment allowance rejig

This amendment is proposed to be made retrospectively effective from FY16 onwards.    Reliance Industries, Tata Steel and the Adani group will be the biggest beneficiaries of the 15 per......

RBI pegs GDP growth at 7.4% in FY16

RBI expects the growth in the next fiscal to strengthen gradually, notwithstanding the significant headwinds. The Reserve Bank on Tuesday kept its growth projections for Indian economy unchanged at......
  Web results for fy16 17
New RBI norms to make FY17 costlier for large firms

Large borrowers in corporate India should be ready for higher interest rates on their incremental borrowing from April 2017, as the Reserve Bank of... ...

http://smartinvestor.business-standard.com/market/Econnews-409024-Econnewsdet-New_RBI_norms_to_make_FY17_costlier_for_large_firms.htm
Global cues may drag market; Reliance, cement oil cos in focus

Moneycontrol Bureau The market may be lower Thursday on weak global cues and domestic macro data. Asian shares dipped after lower crude oil prices... ...

http://www.moneycontrol.com/news/market-cues/global-cues-may-drag-market-reliance-cementoil-cosfocus_7385661.html
GDP growth slips to 7.1%, fiscal deficit reaches 73.3% of estimates

Wednesday saw two disappointing macro numbers: The GDP growth in the first quarter April to June of the current fiscal recorded the slowest pace... ...

http://www.dnaindia.com/money/report-gdp-growth-slips-to-71-fiscal-deficit-reaches-733-of-estimates-2250795
Animal diseases free Punjab, Telangana? Here's how

In a bid to ensure uninterrupted exports of buffalo meat and poultry products, the Centre is working on a measure to declare Punjab, Andhra Pradesh... ...

http://www.financialexpress.com/markets/commodities/animal-diseases-free-punjab-telangana-heres-how/363675/
How Brexit will impact India's exports; all you want to know in 4 points

Beset by a protracted economic recovery, rising cost of massive European Union (EU) bureaucracy, and migrant crisis, British citizens opted for an... ...

http://www.financialexpress.com/fe-columnist/how-brexit-will-impact-indias-exports-all-you-want-to-know-in-4-points/363681/

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