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.

WB may up lending 3 times to India this fiscal

The World Bank is expected to
increase its lending to India by over three times to USD 7
billion in 2009-10 compared to the average USD 2.3 billion for
the last four financial years.

HDFC Life eyes 15% premium income growth this fiscal

Private insurer HDFC Life is targeting a premium income growth of 15 per cent in the current financial year.

Delhi Metro may incur Rs 700 crore loss in next fiscal

Delhi Metro may end up in a loss
of Rs 700 crore in the next fiscal due to a high depreciation
cost although it expects to generate a revenue of Rs 1,231
crore.

Food price inflation to ease by this fiscal-end: Montek

Planning Commission Deputy Chairman Montek Singh Ahluwalia on Sunday said the food price inflation would come down by the end of the current fiscal.

Fiscal stimulus must go on for another two years: Assocham

Assocham`s new president Dr Swati Piramal on Tuesday said the government should continue fiscal stimulus to industries and private sector for another year or two till the global recovery gets on a sound footing.

Inflation much higher if seen from beginning of this fiscal

Inflation stands at 0.37 percent
for the second week of September year-on-year, but the price
rise compared to start of the fiscal is 6.12 percent.

Don`t expect sops in next fiscal, Com Secy tells exporters

Citing "serious fiscal situation", Union Commerce Secretary Rahul Khullar said that no new incentives and sops could be provided to exporters in the next fiscal in view of significant resource crunch faced by Centre.

Tension between fiscal, monetary policies to hit stability: RBI

Cautioning the government that growing tension between fiscal and monetary policies can hit financial stability, the Reserve Bank on Wednesday said it cannot
maintain price stability.

Fiat targets to export 7,000 cars this fiscal

Fiat India Automobiles (FIAL) on Wednesday
said it is scouting for opportunities in the SAARC region to
achieve its export target of 7,000 cars this fiscal from just
800 in the previous one.