FY23

The Centre is learnt to have met the fiscal deficit target (revised estimate) of 6.4% of the nominal gross domestic product (GDP) in 2022-23, as marginally higher net (post-devolution) tax receipts offset the impact of a slight downward…

Exports of agricultural and processed food products rose by 9% to $26.3 billion in 2022-23 as compared to FY22, driven by a spike in shipment of rice, fruits and vegetables, livestock and dairy products. The shipment of products under the…

India's coal imports increased by 30 per cent to 162.46 million tonnes in the 2022-23 financial year against 124.99 MT in the year-ago period, according to a report. The import of coking coal rose 5.44 per cent to…

The commerce ministry has asked export promotion councils to work on export targets for current fiscal year and chalk out a detailed road map to achieve that. According to exporters, issues related to the country's…

Business Process Management (BPM) company WNS Holdings' net profit in the fiscal fourth quarter stood at $36.4 million, down 6%, compared to $38.9 million in Q4 of last year and $34.7 million in the previous quarter. Revenue for the fourth…

Digital services and solutions provider Coforge on Thursday reported net consolidated profit of Rs 116.7 crore for the March quarter of FY23, down 45% from Rs 224.8 crore in the year-ago period. The company said the profit was down largely…

Claims under the production-linked incentive (PLI) scheme stood at Rs 3,420 crore in 2022-23 (FY23), of which the government paid incentives of Rs 2,874 crore to PLI beneficiaries until March across eight sectors — mobile manufacturing,…

India's gross domestic product (GDP) growth will be at 6 per cent in FY24, said credit rating agency Acuite Ratings and Research. In its monthly commentary on the economy. Acuite said that despite the global macro…

Arohan Financial Services Ltd opened 102 new branches in FY23 to expand its presence in underserved states of the country, the microfinance company said on Friday. The Kolkata-based NBFC-MFI lender now has 835 branches across 15 states…

Proptech firm Square Yards, which is mainly into housing and home loan brokerage, on Friday reported 70% increase in revenue to Rs 670.5 crore for last fiscal year on better demand for residential properties. Its revenue stood at Rs 395.6…