FY24

The government’s subsidy expenditure on fertilisers for FY24 could be Rs 2.25 trillion, as against the Budget Estimate of Rs 1.79 trillion, fertiliser minister Mansukh Mandaviya said on Wednesday. “The global prices of fertilisers have…

Credit rating agency Acuite Ratings & Research said it expects India's current account deficit to narrow to $53 billion in FY24. In a report, Acuite Ratings said India's current account deficit for FY24 is expected…

Indian IT majors are expected to see a significant pressure on their pricing in fiscal 2023-24 due to an environment marked with slow technology spends, said analysts. The increased focus on large deals to squeeze out cost efficiencies and…

India’s vulnerability to global shocks is expected to reduce in FY24 as the Current Account Deficit (CAD) improves amid challenging external financing conditions, according CRISIL Rating. CAD is India’s major short-term external…

The finance ministry on Tuesday said that downside risks to the official GDP growth forecast of 6.5% in 2023-24 dominate upside risks, given the hardening of oil prices, troubles in the global financial sector and subdued monsoon forecasts.…

The Indian economy will grow at around 6.5 per cent in the current fiscal, notwithstanding high oil prices and increased geopolitical tensions, NITI Aayog member Arvind Virmani has said. Virmani further said that he does not see any…

Market borrowings by India’s state governments are likely to be lower than the amounts indicated in their budgets, as off-balance sheet liabilities will continue to be adjusted in this fiscal year, two sources familiar with the matter said.…

Ed-tech startup Oneistox has rebranded itself as Novatr in a strategic move that is in line with their vision to accelerate the adoption of tech in the Architecture, Engineering, and Construction (AEC) industry by building tech-first…

Coding Ninjas, an online coding education platform, aims to provide individuals with the necessary skills and knowledge required by the industry to become proficient software developers. Through well-structured and comprehensive courses,…

India's exports of goods and services could touch $900 billion in the current financial year, up from $770 billion in the previous year, keeping resilient despite global headwinds, a top official of a grouping of exporters said. …