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Month: November 2023

Fiscal Deficit: Fiscal deficit at 39.3% of FY24 target

NEW DELHI: The central government‘s fiscal deficit touched 39.3% of the full year target in the first half of the current financial year, slightly higher than 37.3% recorded in the year-ago period. In actual terms, the fiscal deficit, or the…

GAIL net up 56% on higher volumes

New Delhi: GAIL on Tuesday posted a 56% jump in the net profit during the September quarter, buoyed by expanding gas transmission volumes and margins on the back of rising consumption. Standalone net profit stood at Rs 2,404.8 crore in…