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Government's fuel tax earning explained in charts

Consumption of petrol and diesel will contribute more than half of the Centre's exclusive share in GST in FY20, reports Abhishek Waghmare. Photograph: Danish Siddiqui/Reuters Finance Minister......

Budget 2019: Centre's capex projected to rise to Rs 3.38 trillion in FY20

As a percentage of the aggregate Budget expenditure, it is 12 per cent. Illustration: Dominic Xavier/Rediff.com The government’s own capital expenditure (capex) is projected to rise a shade......

Fiscal deficit target lowered to 3.3% for FY20

Several critics including some rating agencies have doubted prospects of meeting this ambitious fiscal deficit target. Illustration: Uttam Ghosh/Rediff.com Finance Minister Nirmala Sitharaman on......

Govt raises divestment target to Rs 1.05 lakh cr for FY20

Strategic divestment of select public sector undertakings will remain a priority area, she said. Illustration: Uttam Ghosh/Rediff.com The government has increased divestment target to over Rs 1......

Finance ministry revises tax collection target for FY20

The highest collection target has been given to Mumbai at Rs 4.39 trillion, followed by Delhi and Bengaluru.Shrimi Choudhary reports. Illustration: Uttam Ghosh/Rediff.com A day after the election......
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Sensex Ends 560 Points Lower; Auto and Banking Stocks Witness Huge Selling

Posted by Equitymaster India share markets continued to witness selling pressure during closing hours and ended their day deep in the red. At the... ...

http://feeds.equitymaster.com/~r/TodaysMarket/~3/PwGK0zB69mA/tm.asp
Slowdown in steel industry raises possibility of earnings downgrades, lower valuations

India’s three largest steel players are trading at 6-8 times their estimated EV/EBITDA for FY20, which is a bit on the higher side in light of... ...

https://www.moneycontrol.com/news/business/slowdownsteel-industry-raises-possibilityearnings-downgrades-lower-valuations_12770661.html
Cyient tanks 11% after missing Q1 estimates; hits new 52-week low

"Our Q1 FY20 results were disappointing, we recorded a revenue of USD 156.6 million lower by 5.2 percent quarter-on-quarter and 2.6 pecent... ...

https://www.moneycontrol.com/news/buzzing-stocks/cyient-tanks-11-after-missing-q1-estimates-hits-new-52-week-low_12769541.html
Sensex Slips Over 400 Points; Automobile & Healthcare Stocks Drag

Posted by Equitymaster Indian share markets have extended their losses and are presently trading deep in the red amid concerns over growth and... ...

http://feeds.equitymaster.com/~r/TodaysMarket/~3/B6lrEoST4Ww/tm.asp
ICRA

19 07:13:29 PM New Delhi, Jul 18 (IANS): Ratings agency ICRA expects the Q1 FY2020 current account deficit (CAD) to remain steady at $16-17 billion... ...

https://www.daijiworld.com/news/newsDisplay.aspx?newsID=606689

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