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FISCAL SPLURGE
Leela Palaces pins fiscal 2027 growth on luxury room shortage, affluent demandLeela Palaces Hotels & Resorts anticipates strong revenue and earnings growth by fiscal 2027. This outlook is fueled by a limited supply of...- India-UK FTA, premium liquor brands to drive margin growth: Allied BlendersAllied Blenders and Distillers targets 18% margins by fiscal year 2028. The company is focusing on premium spirits and expects cost savings...
- What's in Germany's giant spending 'bazooka'?Germany's substantial spending plan aims to enhance its military and modernise infrastructure, with a 500-billion-euro fund over 12 years. ...
- How Trump and Modi economies are mimicking each otherIndia and the US are witnessing high consumption driven by their top 10% earners. In India, affluent consumers fuel economic growth, focusi...
- Hope slowdown in urban discretionary demand is a blip, not structural: Sula Vineyards CEOSula Vineyards experienced a 1.2% dip in net revenue in Q2, attributed to a temporary slowdown in urban discretionary spending, particularl...
- Congress promises 10 kg free ration every month to the poor if voted to powerCongress pledged 10 kilograms of free ration monthly to the poor if the Opposition coalition wins power, contrasting the NDA government's 5...
- FM Nirmala Sitaraman flags 'gigantic schemes of fiscal splurge' pledged by CongressThe Congress has promised to launch a Mahalakshmi Scheme to provide Rs 1 lakh per year to every poor Indian family as unconditional cash tr...
- High-capex budget likely in bid to offset global slumpA "balanced approach" will be central to this budget even though it will be this govt's last full budget, as revenues next year are unlikel...
- Govt spending it right misses out on demand push: Anand RadhakrishnanDespite state elections being just around the corner and a palpable need to be seen as pro-consumer and poor, the Union Budget 2022-23 mana...
- Ujjwala, DBT helped cut kerosene subsidy: TV SomanathanExpenditure secretary TV Somanathan says the government has been prudent in its spending proposals and had refrained from splurging to ensu...
- Didn’t want to repeat error of splurging: FM Nirmala SitharamanThe fiscal deficit had reached 6.6% of GDP in FY10 under the United Progressive Alliance regime following a large fiscal stimulus to lift t...
- Disinvestment proceeds to be used for creating infrastructure for country: FM Nirmala Sitharaman"We are showing the direction. We are telling you where the money is going to be spent so that you can plan your investments and your inves...
- Splurging today? Don't forget you will also grow oldMoney management and budgeting assume importance of gigantic proportion in times when pension benefits are all but over.
- MakeMyTrip takes 5 firms to court for using similar namesThe Nasdaq-listed MakeMyTrip alleged that these companies are not only using “deceptively similar sounding names” but some of them have als...
- Get Fiscally fit to sustain growth, RBI tells statesFiscal positions of states is becoming a point of worry for monetary policy committee as they continue to splurge on doles even though the ...
- View: Provide fiscal stimulus, by all means. But keep it time boundA 'fiscal stimulus' is mostly a double-edged sword. GoI essentially has two ways of funding its spending: through taxes, or by issuing new ...
- Budgetometer poll results: Jaitley's Budget gets a thumping approvalFinance Minister Arun Jaitley showed fiscal prudence and avoided splurging on sops, creating an impression of a restrained Budget.
- Is the P Chidambaram's first hint about missing the fiscal deficit target?Breaching the ‘red line’ on fiscal deficit this year may become a reality despite FM’s assertion otherwise, feel experts
- Telecom, power, road claimed 33% of bank creditTelecom, power and road gobbled up a third of the banking sector loans to industry last fiscal, which may skew the asset-liability position...
- First quarter deficit at 10% of FY11 target on 3G inflowsThe pressure on government finances has eased considerably after the the windfall from auction of 3G spectrum and a pick up in tax collecti...
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