Latest Financial Year News & Updates

New Delhi, Feb 27 (IANS) India’s real GDP growth rate for the October-December quarter (Q3) of the financial year 2025-26 is estimated at 7.8 per cent in the new series with 2022-23 as the base year, data for which was released by the Ministry of Statistics on Friday.The projected annual GDP growth rate for the full financial year 2025-26 has been pegged at 7.6 per cent compared with 7.1 per cent for 2024-25, according to the advance estimates, which were also released along with the data.Real G…

Jammu, Feb 19 (IANS) J&K Chief Minister Omar Abdullah announced that the regularisation of daily-rated workers will begin in a phased, structured, and transparent manner starting next financial year. During the Assembly discussion on Demands for Grants, the Chief Minister stated that the long-pending issue of regularising daily-rated workers will be addressed in phases beginning next financial year.Responding to concerns from members across party lines, the Chief Minister acknowledged the de…

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.The lubricant maker said its net profit for the October–December quarter stood at Rs 244 crore, which was 9.9 per cent lower compared to Rs 271 crore in the same period last year.However, revenue from operations rose by 6.4 per cent year-on-year to Rs 1,440 crore …

Mumbai, Feb 3 (IANS) Castrol India Limited on Tuesday reported a 9.9 per cent decline in its net profit for the third quarter of the current financial year (Q3 FY26), even as the company posted its highest quarterly revenue in the last two decades.The lubricant maker said its net profit for the October–December quarter stood at Rs 244 crore, which was 9.9 per cent lower compared to Rs 271 crore in the same period last financial year (Q3 FY25).However, revenue from operations rose by 6.4 per ce…

Jaipur, Jan 24 (IANS) The Mines Department has recorded a significant increase in revenue collection during the current financial year, collecting Rs 7,451.63 crore up to January 21, which is Rs 627 crore more than the revenue collected during the same period last year. ​ ​This marks the highest-ever revenue collection by the department for this period, reflecting a 9 per cent growth rate.​To maximise revenue in the remaining months of the financial year, the Mines Department has developed…