Over 2,200 fresh FPIs registers with Sebi in Apr-Jan

Volatile markets notwithstanding, more than 2,200 new Foreign Portfolio Investors (FPIs) registered with regulator Sebi in the first 10 months of the ongoing fiscal.

Firms mop-up over Rs 14K crore from QIP in April-Jan

 Indian companies have raised over Rs 14,000 crore through Qualified Institutional Placement (QIP) route in the first ten months of the ongoing fiscal.

India's fiscal stance sensible and appropriate: IMF chief

India's fiscal stance sensible and appropriate: IMF chief

"We consider that the fiscal stance adopted by India is exactly appropriate and a very sensible objective that has been set. It's just the right one that has been set under the given circumstances," IMF chief Christine Lagarde told reporters here.

Govt targets Rs 1 lakh cr in dividend collection next fiscal

The government will collect Rs 88,781 crore on account of dividends in the current fiscal, the Budget document shows.

Economic Survey for more fiscal space to boost investment, growth

The government must create additional fiscal space and use the resources to boost public investment for promoting growth on sustained basis, says the Economic Survey.

China faces biggest fiscal challenge since 1981: Deutsche Bank

China`s fiscal revenue growth is set to hit a three-decade low in 2015, Deutsche Bank said in a report, complicating policymakers` efforts to rein in runaway local government debt without crippling the broader economy.

SBI says associates don't need fresh capital this year

The five associate banks of SBI do not require any additional capital infusion this fiscal as the credit growth is tepid, a top official said.

'Bajaj Allianz GI to grow above industry average this fiscal'

Private general insurer Bajaj Allianz hopes to grow better than the industry average, which is likely to grow around 15 percent in this fiscal amid slowdown, a top official has said.

Fiscal situation may worsen: Assocham

Fiscal situation may worsen due to rising inflation, decline in economic growth and global slowdown, industry body Assocham said Sunday.

About 67% of FCCB due this fiscal likely to default: Report

About 67 percent of USD 1.51 billion-worth foreign currency convertible bonds that are due for redemption in this fiscal are likely to default or restructure by majority of issuers, a report has said.

CIL strives 5 pc increase in production in FY'12

Despite facing hurdles like delays in green nods, Coal India is striving to achieve a 5 percent growth in production this fiscal against 431.32 million tonne (MT) output achieved in 2010-11, the government Monday said.

IndiaFirst eyes Rs 1,200 cr from new biz this fiscal

One of the youngest players in the life insurance space, IndiaFirst Life Insurance, has set a target of mopping up Rs 1,200 crore from new premium this fiscal and has lined up a bouquet of products to help achieve this goal.

Pakistan spuds 21 new oil wells

Pakistan's state-run OGDCL oil company has spudded 21 new oil wells with net crude production of 37,370 bpd during the fiscal ending June 30, a media report said Sunday.

Exports may come down by 10K units this fiscal: Maruti

Country's leading car maker Maruti Suzuki's exports may come down by 10,000 units in this fiscal due to the financial crisis in Europe, a senior company executive said on Thursday.

Bihar govt concerned over alarming low CDR

Bihar got expressed conceren over the alarming low credit deposit ratio as
compared to the national average of 70 per cent and asked the banks to take effective steps for improving their CDR.

NTPC first among 4 PSUs lined up for FPOs this fiscal

Starting with power producer NTPC`s FPO by early next month, four public offers of state-run companies are likely to hit the markets this fiscal which will fetch the government around Rs 30,000 crore.

Govt to offload 8.4 pc this fiscal: NMDC

The Government will sell 8.38 per cent of its stake in the mining major NMDC in the current fiscal itself, generating around Rs 14,100 crore from the process.

Japan can avoid double-dip recession: Minister

Japanese National Strategy Minister Naoto Kan said on Sunday the country`s economy can avoid a double-dip recession thanks to economic recovery abroad, fiscal stimulus by the government and better market conditions.

Economy to grow over 7 percent this fiscal: Montek

Indian economy is unpacking a “better than expected” performance during the fiscal, Planning Commission deputy Chairperson Montek Singh Ahluwalia said on Wednesday.

India faces 70MT coal shortage this fiscal

India faces a shortage of 70
million tonne (MT) of coal this fiscal and the demand supply
gap in 2011-12 may reach about 51 MT, coal minister Sriprakash
Jaiswal informed the Rajya Sabha on Monday.