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Government to adhere to FY16 fiscal deficit target: StanChart

Last Updated: Tuesday, September 8, 2015, 13:51

Sluggish direct tax collection, likely shortfall in disinvestment proceeds and OROP scheme pay out will add to the government's fiscal burden but it will "adhere to" fiscal deficit target by reducing expenditure, says a Standard Chartered report.

Govt expenditures must be within means: FM Jaitley

Last Updated: Sunday, August 9, 2015, 20:28

Speaking at the first Indian Cost Accounts Service Day celebration here, Jaitley said what happened in Greece recently was a direct consequence of the fact that governments there decided "not to live" within their means.

Costly trade-off: Per capita debt burden at Rs 44,095 in FY15

Last Updated: Sunday, July 26, 2015, 12:31

The debt load comprised external and internal debt and other liabilities, government's provisional accounts showed.

Costly trade-off: Per capita debt burden at Rs 44,095 in FY15

Last Updated: Sunday, July 26, 2015, 12:31

The debt load comprised external and internal debt and other liabilities, government's provisional accounts showed.

APSEZ plans to raise Rs 15,000 cr via overseas bonds

Last Updated: Wednesday, June 10, 2015, 16:28

To reduce its debt cost, Adani Ports and Special Economic Zone Ltd (APSEZ) plans to raise Rs 15,000 crore through overseas bonds to refinance existing foreign loans and fund capital expenditure.

RIL's return ratio to improve over medium term: Report

Last Updated: Monday, June 8, 2015, 19:29

As Reliance Industries nears completion of a significant capex cycle over next 12 months, return ratios are likely to improve in the medium term, driven by strong earnings accretion from core business and a rational strategy in telecom business, a brokerage said.

Japan economy grows faster than expected in Q1 as firms ramp up capex

Last Updated: Monday, June 8, 2015, 11:30

Japan`s economy expanded more than initially expected in January-March on solid growth in capital expenditure, underscoring the central bank`s view that a recovery from last year`s recession is gaining momentum.

Airtel raises $1 billion through issuance of 10-year bonds

Last Updated: Thursday, June 4, 2015, 14:31

Bharti Airtel on Thursday said it has raised USD 1 billion through issuance of 10-year bonds to international investors.

Airtel hits global bond market with $1 bn issue to fund capex

Last Updated: Wednesday, June 3, 2015, 21:04

Country's largest telecom firm Bharti Airtel has approached the global debt market Wednesday to raise up to USD 1 billion in a 10-year bond sale programme.

Unitech posts Rs 162.54 cr net loss in Q4 of FY'15

Last Updated: Friday, May 29, 2015, 19:44

Realty firm Unitech on Friday reported consolidated net loss of Rs 162.54 crore for the fourth quarter of last fiscal on lower sales and higher expenditure.

Jalan panel on expenditure management to submit report by December

Last Updated: Thursday, May 28, 2015, 15:05

The Expenditure Management Commission set up by the government to suggest ways to rationalise subsidies will submit its final report by December 2015, its Chairman Bimal Jalan said on Thursday.

IBM to set up data centre in India

Last Updated: Friday, May 22, 2015, 17:01

The US-based firm has made a USD 1.2 billion investment in cloud centres across major markets globally.