Finance Commission chief makes case for institutional mechanism to check fiscal deficit

Finance Commission chief makes case for institutional mechanism to check fiscal deficit

NEW DELHI: Finance Commission Chairman N K Singh Thursday made a case for setting up a “fiscal council” as an institutional mechanism to monitor fiscal consolidation roadmap of the Centre and state governments. He also said fiscal federalism is a...
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Expect Nifty 50 Firms To Post 1.5% Profit Growth In 2017-18: Kotak Institutional Securities

Expect Nifty 50 Firms To Post 1.5% Profit Growth In 2017-18: Kotak Institutional Securities

Mumbai: Weak earnings for the April-June period, wherein Nifty 50 companies reported an 8.4 per cent decline in net income, reflects underlying weakness in the economy and the possibility of yet another sluggish year, according to a report by brokerage...
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National Fertilisers Share Sale Gets Oversubscribed By Institutional Buyers

National Fertilisers Share Sale Gets Oversubscribed By Institutional Buyers

New Delhi: The government’s 15 per cent stake sale in National Fertilisers (NFL) got off to a smooth start today with the portion reserved for institutional investors getting oversubscribed in the afternoon trade. Through the two-day offer for Sale (OFS)...
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