Articles for Fiscal

Data centre capacity to more than double to 2-2.3 gw by fiscal 2027
14 hours, 37 minutes ago

Data centre capacity to more than double to 2-2.3 gw by fiscal 2027

New Indian Express  

MUMBAI: The data centre capacity is set to more than double to 2-2.3 gw by fiscal 2027 buoyed by the increasing digitalisation of the economy. According to a Crisil Ratings analysis of the industry players, representing 85 percent of the market share by operational capacity, the data centre capacity will more than double to 2-2.3 gw by fiscal 2027. Data …

Data Demand Centre Capacity Fiscal Cloud Storage Data Centre Capacity
1,500 Indians deported from US in FY24 as Biden outdoes Trump in mass deportations
3 days, 14 hours ago

1,500 Indians deported from US in FY24 as Biden outdoes Trump in mass deportations

India Today  

Though Donald Trump talks about deporting illegal immigrants, President Joe Biden's administration has outdone him on this front. ICE has a list of 1.5 million individuals marked for deportation, including nearly 18,000 undocumented Indian nationals. ICE data shows that the Biden administration has deported a significant number of immigrants as well, including those charged or convicted of criminal activity, as …

Canada Border Trump Ice Deportation Mexico Immigrants
Draining pond to get all fish is not the correct way for development
Trending News
3 days, 14 hours ago

Draining pond to get all fish is not the correct way for development

China Daily  

Chinese Premier Li Qiang presides over a study session held by the State Council on Dec 16, 2024. In the latest example of this, Premier Li Qiang presided over a special study session of the State Council, China's Cabinet, on Monday, focused on how to further improve the standards and norms of administrative law enforcement, and tighten its procedures while …

Law Local Enforcement Li
Draining pond to get all fish is not the correct way for development
Trending News
3 days, 14 hours ago

Draining pond to get all fish is not the correct way for development

China Daily  

The Chinese government knows full well that the rule of law is the key to promoting good governance and the healthy functioning of the economy and society. That is why it has spared no effort to standardize administrative law enforcement across the board to create a better business environment. In the latest example of this, Premier Li Qiang presided over …

Law Local Enforcement Draining Pond
GDP goal for '25 may stay at 5%
4 days, 14 hours ago

GDP goal for '25 may stay at 5%

China Daily  

Luo Zhiheng China's GDP growth target for 2025 could be set at around 5 percent, unchanged from this year, after a top-level meeting outlined more proactive and effective macroeconomic policies for the coming year, to tackle various challenges head-on and push the economy on an upward trajectory, said a senior economist. Luo's comments came after policymakers set next year's agenda …

Policy China Economic Fiscal Luo Domestic Demand
‘Full-scale tariff war with US will shave 0.3% off India's GDP next fiscal’
4 days, 14 hours ago

‘Full-scale tariff war with US will shave 0.3% off India's GDP next fiscal’

New Indian Express  

MUMBAI: The incoming US president Donald Trump’s tariff war warnings, if implemented at the threatened level, will shave 0.3 percent off our GDP next fiscal but will have no impact if the import duty hikes are partial, says a leading domestic brokerage. Trump has been criticising New Delhi’s tariff regime for long, pointing to 100 percent tariffs on certain American …

India War Trump
Centre to make highest-ever effective capital expenditure in fiscal year 2024-25, know what it is
5 days, 12 hours ago

Centre to make highest-ever effective capital expenditure in fiscal year 2024-25, know what it is

India TV News  

The Central government is set to make the highest-ever effective capital expenditure in the fiscal year 2024-25, Union Finance Minister Nirmala Sitharaman said during the proceedings in Lok Sabha. Sitharaman on Tuesday stated that the effective capital expenditure of the Union govt for this fiscal year is pegged at a staggering Rs 15.02 lakh crore, among the highest such spending …

Capital Lok Sabha Spending Centre Effective Expenditure Fiscal Year
Net direct tax collection crosses Rs 15.82 lakh crore mark, registers 16.45 per cent growth
5 days, 14 hours ago

Net direct tax collection crosses Rs 15.82 lakh crore mark, registers 16.45 per cent growth

India TV News  

The government has reported a significant rise in net direct tax collections, which have surged by 16.45 per cent to exceed Rs 15.82 lakh crore in the ongoing fiscal year. Advance tax collection during the period rose 21 per cent to Rs 7.56 lakh crore. The collection includes corporate tax of over Rs 7.42 lakh crore and non-corporate tax mop-up …

Tax Crore Lakh Tax Collection Net Direct Collection Crosses
Only 6.68 pc of population filed income tax return in 2023-24 fiscal | DEATILS
6 days, 1 hour ago

Only 6.68 pc of population filed income tax return in 2023-24 fiscal | DEATILS

India TV News  

Income tax returns: The country's population may be the largest in the world, but Indians are still lagging behind in filing income tax returns. The latest data shows that only 6.68 per cent of India's population filed income tax returns for the financial year 2023-24, Minister of State for Finance Pankaj Chaudhary said in a written reply to the Rajya …

Tax Income Tax Income Crore Itr Income Tax Returns Income Tax Return
SBI loan disbursements in Telangana race past ₹10,000 cr. in current fiscal
6 days, 10 hours ago

SBI loan disbursements in Telangana race past ₹10,000 cr. in current fiscal

The Hindu  

State Bank of India home and home-related loan disbursements this fiscal in Telangana raced past the ₹10,000 crore mark in the eight months ended November, SBI Hyderabad Circle said on Monday. Besides home loan, SBI has a wide range of related products such as personal loan against property ; home loan top-up; Maxgain -Hybrid; and NRI home loan which are …

Loan Home Loan Circle Sbi Entire State
Maharashtra seeks ₹35,788 cr for unscheduled expenses, including Ladkin Bahin
6 days, 19 hours ago

Maharashtra seeks ₹35,788 cr for unscheduled expenses, including Ladkin Bahin

Hindustan Times  

NAGPUR: The state government presented supplementary demands amounting to ₹35,788 crore on the first day of the winter session of the state legislature. Maharashtra Chief Minister Devendra Fadnavis Maharashtra’s budget is ₹6.69 lakh crore and the supplementary demands are an additional budget aimed at meeting unplanned expenditure. In July, the government tabled supplementary demands amounting to ₹94,889 crore, owing to …

Budget Maharashtra Demands State Crore Supplementary Supplementary Demands
GK Energy files draft IPO papers with SEBI; aims to raise ₹500-crore via fresh issue
1 week ago

GK Energy files draft IPO papers with SEBI; aims to raise ₹500-crore via fresh issue

The Hindu  

Solar-powered agricultural water pump systems provider GK Energy Limited has filed preliminary papers with markets regulator SEBI to garner funds through an initial public offering. The proposed IPO of the Pune-based firm is a combination of fresh issue of shares worth ₹500 crore and an Offer-for-Sale of ₹84 lakh equity shares by selling shareholders, the draft red herring prospectus showed. …

Crore Ipo Epc Energy Files Fresh Issue Draft Papers Gk Energy
Anand Rathi Share and Stock Brokers files draft papers with SEBI for ₹745-crore IPO
1 week ago

Anand Rathi Share and Stock Brokers files draft papers with SEBI for ₹745-crore IPO

The Hindu  

Anand Rathi Group's brokerage arm, Anand Rathi Share and Stock Brokers has filed draft papers with capital markets regulator Sebi to raise ₹745 crore through an Initial Public Offering. According to the draft papers filed on Saturday, ₹550 crore of the IPO proceeds will be allocated to fund the company’s long-term working capital requirements and for general corporate purposes. Anand …

Stock 2024 Share Crore Ipo Anand Rathi
DAM Capital IPO: Price band set at ₹269-283 per share; check issue details, key dates, more
Trending News
1 week ago

DAM Capital IPO: Price band set at ₹269-283 per share; check issue details, key dates, more

Live Mint  

DAM Capital IPO price band: The DAM Capital Advisors Limited IPO price band has been fixed in the range of ₹269 to ₹283 per equity share of the face value of ₹2. The DAM Capital IPO lot size is 53 equity shares and in multiples of 53 equity shares thereafter. DAM Capital IPO has reserved not more than 50% of …

India Financial Equity Capital Share Dam Crore
India’s fiscal deficit will be 4.8 pc in FY25, below budget estimate of 4.9 pc: CareEdge Ratings
1 week ago

India’s fiscal deficit will be 4.8 pc in FY25, below budget estimate of 4.9 pc: CareEdge Ratings

Live Mint  

New Delhi, December 16 : The fiscal deficit of the central government is projected to be 4.8 per cent of GDP for FY25, slightly below the budgeted estimate of 4.9 per cent, according to a report by CareEdge Ratings. It said "Overall, we project the fiscal deficit at 4.8 per cent of GDP, marginally lower than the budgeted 4.9 per …

India Tax Cent Fy25 Careedge Ratings
Lula Says the Only Thing Wrong With Brazil Is High Rates
1 week ago

Lula Says the Only Thing Wrong With Brazil Is High Rates

Live Mint  

-- Brazil’s interest rates are too high, and responsibility for the growing fiscal problems lies with policymakers at the central bank, President Luiz Inacio Lula da Silva said Sunday night in a TV interview. In the statement accompanying the decision — the last chaired by Governor Roberto Campos Neto, who’s set to be replaced by Gabriel Galipolo — policymakers emphasized …

This Country Lula Fiscal Package
Refining margins of state-run oil marketing companies fall this fiscal
1 week ago

Refining margins of state-run oil marketing companies fall this fiscal

Live Mint  

New Delhi: Gross refining margins of public sector oil marketing companies have fallen by up to 80% in the first half of this financial year, showed data from the Petroleum Planning & Analysis Cell, amid shrinking discounts of Russian oil and declining prices in global markets, experts said. Mangalore Refinery and Petrochemicals Ltd, a public sector enterprise under the Union …

Growth Russia Oil Indian Petroleum Period Barrel
Why Arvind Kejriwal prioritises freebies over fiscal prudence
1 week ago

Why Arvind Kejriwal prioritises freebies over fiscal prudence

India Today  

Aam Aadmi Party chief Arvind Kejriwal, in a bold yet contentious move aimed at consolidating voter support in the run-up to the Delhi assembly elections, has announced an enhancement to the Mukhyamantri Mahila Samman Yojana, promising a monthly Rs 2,100 as financial assistance to women above the age of 18, more than double the Rs 1,000 proposal initially announced in …

Women Delhi Electoral Free Scheme Kejriwal Fiscal
Canada finance minister resigns as PM Trudeau grapples with new Trump term
1 week ago

Canada finance minister resigns as PM Trudeau grapples with new Trump term

Al Jazeera  

Chrystia Freeland cites government’s response to US President-elect Donald Trump’s 25 percent tariff threats in letter stepping down from her post. Canada’s Finance Minister Chrystia Freeland has resigned in a blow to Prime Minister Justin Trudeau, who is facing declining approval ratings and opposition from within his own party, as well as the prospect of a trade war with the …

Canada Trump Trudeau Minister Freeland
British pubs are worried they’ll run out of Guinness
1 week, 1 day ago

British pubs are worried they’ll run out of Guinness

CNN  

CNN — At the Sheephaven Bay pub in London, tucked just behind Camden High Street, Guinness accounts for more than 50% of draft beer sales. “Now it’s a cool drink.” With the sudden increase in demand, Diageo has told some pub owners that it would set allocation limits on Guinness to ensure distribution can last through the holiday season. On …

London Drink Beer Sales Young People Cnn According
China to enact more proactive fiscal policy
Trending News
1 week, 2 days ago

China to enact more proactive fiscal policy

China Daily  

By Liu Yukun | chinadaily.com.cn | Updated: 2024-12-14 13:56 China will enact more proactive fiscal policy and moderately loose monetary policy with detailed measures to be delivered at the two sessions the next year, said an official on Saturday. Han Wenxiu, executive deputy director of the Office of the Central Committee for Financial and Economic Affairs, said the move marked …

China Han
Experts see expansionary moves ahead
1 week, 2 days ago

Experts see expansionary moves ahead

China Daily  

A view of Shanghai's Pudong New Area. China may roll out unprecedented expansionary moves in macroeconomic adjustments next year after a top-level meeting signaled a significant shift of mindset in prioritizing the expansion of domestic demand amid external uncertainties, policy researchers and economists said. Measures in the pipeline may include the highest official projected deficit ratio on record, a sharp …

Policy China Consumption 2025 Yuan Domestic Demand Ratio
Destacado abogado de derechos humanos abandona Corte Penal Internacional por no procesar a Venezuela
Trending News
1 week, 3 days ago

Destacado abogado de derechos humanos abandona Corte Penal Internacional por no procesar a Venezuela

Associated Press  

MIAMI — Un destacado abogado de derechos humanos ha abandonado discretamente de la Corte Penal Internacional para protestar por lo que considera un fracaso injustificado de su fiscal para acusar a miembros del gobierno del presidente Nicolás Maduro por crímenes de lesa humanidad, según ha sabido The Associated Press. Muchos en la oposición venezolana se han quejado de que la …

Venezuela Khan Que Las Cpi Las Autoridades Grossman
How will Central Economic Work Conference shape 2025 economy?
Trending News
1 week, 3 days ago

How will Central Economic Work Conference shape 2025 economy?

China Daily  

Shi Yu/China Daily China concluded the much-awaited annual Central Economic Work Conference on Dec 12, outlining the government's main economic objectives and policy plans for 2025, which are largely in line with our CEWC preview and Politburo meeting. Therefore, after the March NPC unveils next year's overall policy stimulus package, we think the government may also ramp up additional policy …

Policy Growth China Market Housing Market 2025 Think