New Delhi, Feb 3 (IANS) The 16th Finance Commission’s (FC) recommendations represent a decisive shift towards incentivising economic efficiency, strengthening local governance, improving fiscal transparency and reinforcing debt sustainability, while continuing to support higher capital spending by states, a report showed on Tuesday.
Mumbai, Feb 3 (IANS) Castrol India Limited on Tuesday reported a 9.9 per cent decline in its net profit for the fourth quarter of the current year (Q4), even as the company posted its highest quarterly revenue in the last two decades.
New Delhi, Feb 3 (IANS) Debt-ridden Pakistan’s recent request to the United Arab Emirates (UAE) for the rollover of $3 billion deposits reflects the heavy dependence of the country’s economy on borrowing from friendly countries and the IMF to stay afloat.
New Delhi, Feb 3 (IANS) Whether or not Chinese infrastructure loans are a deliberate "debt-trap" strategy, the resultant high debt levels of recipient countries and opaque loan terms compromise their sovereignty, a report has said.
Gandhinagar, Feb 3 (IANS) Surat is set to host the South Gujarat edition of the Vibrant Gujarat Regional Conference on April 9 and 10, with a special focus on strengthening Micro, Small and Medium Enterprises through an MSME Conclave scheduled on the second day of the event.
New Delhi, Feb 3 (IANS) Adani Defence & Aerospace Director Jeet Adani on Tuesday said that defence will emerge as a major and strategically important segment for the Adani Group, as the company strengthens its presence in aerospace, manufacturing, and localisation.
New Delhi, Feb 3 (IANS) The India-US trade deal will further expand and deepen trade between two of the largest economies of the world, Union Revenue Secretary Arvind Shrivastava said on Tuesday.
New Delhi, Feb 3 (IANS) Former Ambassador of India to Poland, Dr Deepak Vohra on Tuesday described the India-US trade deal as a significant diplomatic achievement, highlighting India’s patience, strategic restraint and firm protection of key domestic sectors during negotiations and termed it the "father of all deals".
Ahmedabad, Feb 3 (IANS) Adani Enterprises Ltd (AEL), the flagship company of the Adani Group, on Tuesday registered an impressive 90 times growth in net profit at Rs 5,627 crore for the October-December quarter (Q3 FY26) year-on-year.
Mumbai, Feb 3 (IANS) Indian stock markets witnessed a strong rally on Tuesday as investors cheered the finalisation of the long-awaited India–US trade deal.
