Page 94 - Fiscal News Today

The bank had earned a total income of about Rs 44,099 crore and a net loss of Rs 4,643 crore for 2019-20.Last

28/05/2021 19:19 Romanias fiscal deficit in 2021 is estimated at 6.8 pct of GDP, below the target set by the authorities, of 7.2 pct of GDP, the International Monetary Fund states in the conclusions published following the virtual mission to evaluate the Romanian economy. According to the document published by the international financial institution, the 2021 budget ensures further support for recovery, while laying the foundations for the reconstruction of fiscal space, so that the Gove...

The bank had earned a total income of about Rs 44,099 crore and incurred a net loss of Rs 4,643 crore for 2019-20.Last

Government borrows 55% more so far this fiscal as lockdowns hit revenue collections SECTIONS Last Updated: May 28, 2021, 09:05 PM IST Share Synopsis The market borrowing of Rs 2.1 lakh crore is 17.5 per cent of the budgeted debt creation of Rs 12.05 lakh crore for the full year and 30 per cent of the first half borrowings calendar of Rs 7.24 lakh crore. Getty Images At the latest borrowing on Friday, the government borrowed only Rs 26,550 crore of the Rs 32,000 crore notified. Of the total bids...

The bank had earned a total income of about Rs 44,099 crore and a net loss of Rs 4,643 crore for 2019-20.Last

Pakistans GDP expected to hit 4.8% next fiscal year: Asad Umar Pakistan Fri, May 28, 2021 Federal Minister for Planning and Development Asad Umar addressing a press conference in Islamabad, on May 28, 2021. — YouTube screengrab The countrys gross domestic product (GDP) growth is expected to move up to 4.8% in the financial year 2021-22, Federal Minister for Planning and Development Asad Umar said Friday. Umar, going over the governments progress in the current fiscal year during a press conf...

ISLAMABAD: The government has asked the Fund to revise the downward pace of fiscal adjustments for converting the primary balance from negative in the outgoing fiscal year into a minor surplus for...

Chinese tech heavyweight Lenovo Group Ltd on Thursday announced record financial results for its fiscal fourth quarter ended in March, with revenue growing at 48 percent year-to-year to $15.6 billion on the back of growth across all parts of its business.

According a projection made by ICRA, the GST compensation requirement of states would work out to more than double of last year at Rs 2.65 lakh crore in the current year. This is based on estimates that FY22 state GST (SGST) collections of all states would be to the tune of Rs 6.1 lakh crore.If t

However, absolute demand will catch up with pre-pandemic levels only after fiscal 2023. The demand in the first half of this fiscal will be impacted by the second wave of the pandemic. Nevertheless, healthy recovery is expected in the second half, much like the previous fiscal, the ratings agency said.That