Fiscal deficit touches 59 per cent of full-year target in May Fiscal deficit touches 59 per cent of full-year target in May Amir Shaikh / Wednesday, July 1, 2020 0 1138 Article rating: 4.8 The fiscal deficit during the first two months of the current financial year widened to Rs 4.66 lakh crore, which is nearly 58.6 per cent of Budget estimates Read more
Eight core sectors dip 23 per cent in May 2020 Eight core sectors dip 23 per cent in May 2020 Amir Shaikh / Wednesday, July 1, 2020 0 2648 Article rating: 5.0 Eight core sectors witnessed 23.4 per cent YoY contraction in May 2020, led by the nationwide lockdown to prevent the spread of COVID-19. Among eight core sectors, coal production has 10.33 per cent weight, which dipped 14 per cent YoY in May 2020 Read more
Healthy monsoon to support tractor sales amid COVID-19 pandemic Healthy monsoon to support tractor sales amid COVID-19 pandemic Amir Shaikh / Tuesday, June 30, 2020 0 745 Article rating: 4.0 Credit rating agency, CRISIL released its forecast on India's tractors on Monday, stating its belief that a good monsoon would act as a cushion for tractor sales amidst the ongoing COVID-19 pandemic Read more
Reserve Bank of India announces special open market operations Reserve Bank of India announces special open market operations Amir Shaikh / Tuesday, June 30, 2020 0 1147 Article rating: 3.3 In the view of current and evolving liquidity as well as market conditions, the country’s central bank, Reserve Bank of India (RBI) on Monday has decided to conduct simultaneous purchase and sale of government securities worth Rs 10,000 crore each Read more
PNC Infratech bags order worth Rs 1,412 crore; surges 17 per cent PNC Infratech bags order worth Rs 1,412 crore; surges 17 per cent Amir Shaikh / Friday, June 26, 2020 0 1489 Article rating: 4.0 Infrastructure developer, PNC Infratech on Thursday, informed the bourses that it has been awarded a project worth Rs 1,412 crore under hybrid annuity model (HAM), which led to nearly 17 per cent surge in the stock price of PNC Read more