Fiscal 2017 News

Market

Government gives big fiscal stimulus in April-May 2017

During April-May this year, total central government expenditure was Rs4,59,026 crore, higher by 54% than the same period last year

1 min read12 Jul 2017
Companies

Amul FY17 sales jump 17.5% to ₹27,043 crore

Amul's growth rate is much lower than the previous year's, when it clipped at 67% to Rs23,004 crore

2 min read15 Jun 2017
Opinion

Is Power Grid nearing its peak earnings?

Power Grid ended fiscal year 2017 with the highest ever yearly capital expenditure

2 min read6 Jun 2017
Companies

ICICI Lombard net profit grows 38% to ₹702 crore in fiscal 2017

ICICI Lombard's net profit in the 2015-16 fiscal stood at Rs507.5 crore

1 min read21 Apr 2017
Market

SME IPOs raise Rs811 crore in fiscal 2017

A total of 80 SMEs got listed with IPOs in the fiscal 2017 as compared to 46 firms that tapped the IPO route to garner ₹304 crore in fiscal 2016

2 min read14 Apr 2017
Market

Fund raising via rights issue falls 92% in first half this fiscal

Indian firms raised Rs618 crore through rights issue in six months ending 30 September this year against Rs7,750 crore raised during the same period last year

1 min read24 Nov 2016
Industry

Essar Power finally turns around with Rs39 crore net in fiscal 2016

Essar Power executive vice-chairman Sushil Maroo says this is the first time since the firm entered the sector in 1997 that it has turned around

3 min read10 Jul 2016
Companies

Meru targets Rs850 crore revenue in 2016-17

Meru, which returned to profits in the December quarter of 2015-16 after a gap of one-and-a-half years, clocked a revenue of Rs600 crore in the fiscal year

1 min read6 Jun 2016
Industry

RBI working paper critiques SLR deposit mandates on Indian banks

The SLR requirement crowds out private demand as banks cannot reallocate scarce deposits between higher return private loans and government bonds, the paper argued

3 min read16 Feb 2016

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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