Announcing borrowing calendar for the next financial year, Economic Affairs Secretary Subhash Chandra Garg on Friday said the government will raise Rs 4.42 lakh crore through gilts in the first half of FY20. The Centre will auction Rs 17,000 crore of gilts per week during April-September.
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Announcing borrowing calendar for the next financial year, Economic Affairs Secretary Subhash Chandra Garg on Friday said the government will raise Rs 4.42 lakh crore through gilts in the first half of FY20. The Centre will auction Rs 17,000 crore of gilts per week during April-September.
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Watch Govt to borrow Rs 4.42 lakh crore via G-Secs in H1 FY20 With HD Quality
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The government stuck to the borrowing calendar as set in the Budget, as it plans to raise Rs 2.68 lakh crore in the second half of financial year 2020.The Centre has no plans to sell bonds in overseas markets as of now.All borrowing in FY20 will be in rupee denominated bonds.
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IT major Infosys on Friday reported a 5.3 per cent year-on-year rise in profit at Rs 3,802 crore for the June quarter. Sequentially, profit fell 6.8 per cent. Analysts in an ET NOW poll had projected a net of Rs 3,730 crore. The company has increased FY20 revenue growth guidance to 8.5-10 per cent in constant currency, while maintaining FY20 operating margin guidance in range of 21-23 per cent.
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Record levels of loan recovery have been reached in FY19, with recovery of Rs 1.21 lakh crore as against Rs. 77,563 crore in FY18.
Gross NPAs have come down to Rs 7.90 lakh crore from Rs 8.65 crore in December 2018: Finance Minister
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वर्ष 2014 में कृषि बजट 25 हजार करोड़ रुपये से भी कम था।
आज देश का कृषि बजट बढ़कर 1 लाख 25 हजार करोड़ रुपये से भी ज्यादा हो गया है।
- पीएम मोदी, 24.05.2023
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In 2014, agriculture budget was Rs 25,000 crore which has increased to over Rs 1.25 lakh crore now
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