India Fiscal Situation
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Tata Motors Plans to Sell About 50,000 EVs in FY23, Double It in Next Fiscal Year
Tata Motors has set a target to sell about 50,000 electric vehicles (EVs) in the FY23, and double it in the 2023/24 period, Chairman N Chandrasekaran told a shareholders' meeting. The company's performance is expected to improve in this fiscal year as the overall supply situation is gradually become stable.
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Indian Two-Wheeler Sector Likely To See Double Digit Degrowth This Fiscal: HMSI
The automobile sector is one of the most affected industries due to the Coronavirus outbreak. The sector was already witnessing a slow demand from the market which further deteriorated due to the COVID-19. Nevertheless, the automobile sector is gradually moving towards the new normal wherein several manufacturers have resumed operations at their re...
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GST Reduction & Scrappage Policy Will Help Revive Commercial Vehicle Industry: Ashok Leyland
The highly awaited scrappage policy and lowering of GST rates could play an essential role in reviving the commercial vehicle sector, which has been facing a constant downward trend for quite some time now. According to a top Ashok Leyland official, the GST rate cut and the scrappage policy will be beneficial in reviving the Indian CV space. As per...
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Amit Shah, Nirmala Sitharaman Attend Rajnath Singh-Led Meet On Economy
Defence Minister Rajnath Singh is chairing a Group of Ministers meeting in Delhi to discuss the economic situation and implementation of the Rs 20 lakh crore fiscal relief package announced by Prime Minister Narendra Modi
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Coronavirus India Live Updates: Maharashtra, Tamil Nadu Extend Lockdown Till May 31
COVID-19 Live Updates: Union finance minister Nirmala Sitharaman today announced the fifth tranche of Centre's Rupees 20 lakh crore fiscal stimulus package amid  the lockdown situation in the country.Â
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India Pledges To Contribute USD 5 Million To UN Palestine Refugee Agency
India has pledged to contribute USD 5 million in 2019 to the UN Palestine Refugee Agency, even as it voiced concern over the agency's difficult financial situation due to voluntary contributions from a limited donor base and called for ensuring sustained fiscal support for its work.
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No Worries About Fiscal Slippages, Rising Oil Prices, Says Arun Jaitley
"As far as fiscal situation is concerned, I see next year to be more comfortable as far as revenues are concerned," said the finance minister.
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Tread Carefully, Central Bank Advises As Maharashtra Flaunts Loan Waiver
As Chief Minister Devendra Fadnavis fell back on a farm loan waiver to cap the political fallout of the continuing farmer protests in Maharashtra, the country's central bank warned that the fiscal situation could get out of hand if states continue to waive loans.
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Tata Motors Plans to Sell About 50,000 EVs in FY23, Double It in Next Fiscal Year
Tata Motors has set a target to sell about 50,000 electric vehicles (EVs) in the FY23, and double it in the 2023/24 period, Chairman N Chandrasekaran told a shareholders' meeting. The company's performance is expected to improve in this fiscal year as the overall supply situation is gradually become stable.
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Indian Two-Wheeler Sector Likely To See Double Digit Degrowth This Fiscal: HMSI
The automobile sector is one of the most affected industries due to the Coronavirus outbreak. The sector was already witnessing a slow demand from the market which further deteriorated due to the COVID-19. Nevertheless, the automobile sector is gradually moving towards the new normal wherein several manufacturers have resumed operations at their re...
-
GST Reduction & Scrappage Policy Will Help Revive Commercial Vehicle Industry: Ashok Leyland
The highly awaited scrappage policy and lowering of GST rates could play an essential role in reviving the commercial vehicle sector, which has been facing a constant downward trend for quite some time now. According to a top Ashok Leyland official, the GST rate cut and the scrappage policy will be beneficial in reviving the Indian CV space. As per...
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Amit Shah, Nirmala Sitharaman Attend Rajnath Singh-Led Meet On Economy
Defence Minister Rajnath Singh is chairing a Group of Ministers meeting in Delhi to discuss the economic situation and implementation of the Rs 20 lakh crore fiscal relief package announced by Prime Minister Narendra Modi
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Coronavirus India Live Updates: Maharashtra, Tamil Nadu Extend Lockdown Till May 31
COVID-19 Live Updates: Union finance minister Nirmala Sitharaman today announced the fifth tranche of Centre's Rupees 20 lakh crore fiscal stimulus package amid  the lockdown situation in the country.Â
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India Pledges To Contribute USD 5 Million To UN Palestine Refugee Agency
India has pledged to contribute USD 5 million in 2019 to the UN Palestine Refugee Agency, even as it voiced concern over the agency's difficult financial situation due to voluntary contributions from a limited donor base and called for ensuring sustained fiscal support for its work.
-
No Worries About Fiscal Slippages, Rising Oil Prices, Says Arun Jaitley
"As far as fiscal situation is concerned, I see next year to be more comfortable as far as revenues are concerned," said the finance minister.
-
Tread Carefully, Central Bank Advises As Maharashtra Flaunts Loan Waiver
As Chief Minister Devendra Fadnavis fell back on a farm loan waiver to cap the political fallout of the continuing farmer protests in Maharashtra, the country's central bank warned that the fiscal situation could get out of hand if states continue to waive loans.
