Tag: financial year
India's Defence Budget: Trapped In A Straitjacket
The annual budget was presented on February 1 and the allocation for the Defence Ministry offers some instructive insights about how India plans to nurture its military -- that is, the three armed forces: the army, navy and air force.....
98% Of Government Payments In 2016-17 Made Digitally, Says CGA
Controller General of Accounts (CGA) Archana Nigam has said that 98 per cent of the total government transactions in the current fiscal, pegged at Rs 6.05 lakh crore in terms of value, have happened through the digital route.....
Jaitley Moves Finance Bill 2017 For Passage In Lok Sabha
Finance Minister Arun Jaitley on Tuesday moved the Finance Bill, 2017, for consideration and passage in the Lok Sabha, saying that since it provides for electoral bonds, it required consideration as a Money Bill, which can only be debated in the Lower House. ....
Honda Cars Expects Positive Growth In 2017-18
Honda Cars India Limited (HCIL) is expecting to complete the current financial year ending this month with a "negative growth" over last year, but is hopeful to achieve a positive growth in sales in 2017-18, a company official said on Friday.....
Bulk Of Additional Budget Spending For People-centric Schemes: FN
Finance Minister Nirmala Sitharman on Friday said that the majority of the additional resources in the first batch of the Supplementary Demands for Grants would be spent on people-centric schemes amid the coronavirus pandemic. ....
Finance Commission To Submit Report To President On Nov 9
The 15th Finance Commission, headed by N.K. Singh, will submit its report for the financial year 2021-22 to 2025-26 to the President on November 9. ....
Make In India' Smartphones Share Reach 16% With 44 Mn Units
In order to meet the criteria for performance-linked incentive (PLI) scheme, 'Make in India' smartphone shipments grew 16 per cent year-on-year to reach 44 million units in the first quarter of this financial year, according to a new report. ....
