View: Govt may toss aside corporate critics but there are two things it needs to reflect on
Being a leader isn’t just about winning elections. It is also about performance. And while you can make this as complicated as you want, in simple terms, this performance can be judged on two simple criteria. A good Indian leader is someone who can keep everybody together and deliver great GDP growth.
Five of top-10 most valued firms add Rs 56,877 crore in m-cap
The m-cap of TCS jumped Rs 26,360.5 crore to Rs 7,96,612.51 crore at close on Friday.
Growth Catalyst: Jewar Airport expected to create infra, generate jobs
The upcoming International Airport at the Jewar township of Greater Noida is expected to be a growth catalyst for the region, say industry analysts, as the project is expected to create urban infrastructure and generate jobs.
MCXCCL first Indian clearing corporation to get ESMA recognition
European participants shall be able to apply lower risk weightage towards their exposures to MCXCCL and be benefitted towards lower capital requirements.
Parliament okays corporate tax cut; FM says software developers, miners not eligible for lower rates
Replying to a debate on the legislation, Sitharaman said a negative list of activities that do not constitute manufacturing has been created and will not be eligible for the lower 15 per cent tax rate for manufacturing firms that are set up after October 1 and that begin operations by 2023.
While trade war between US & China escalated, couldn't have waited to slash corporate tax: Nirmala Sitharaman
FM Sitharaman had in September announced corporate tax rate cut from an effective 35% (including surcharges and cesses) to an effective 25.17% while the rate for new manufacturing companies reduced to 15% from 25%.
ESG investing catches investor fancy, forcing India Inc to become compliant
The Indian stock market has been working on this ESG theme for long.
Sebi orders LIC, SBI, Bank of Baroda to reduce stake to below 10% in UTI AMC
UTI AMC is promoted by four public sector financial institutions as sponsors -- State Bank of India, Life Insurance Corporation of India, Bank of Baroda and Punjab National Bank.
D-Street bulls take a U-turn in absence of clear signposts
The Sensex and the Nifty ended 0.8 per cent down at 40,445.15 and 11,921.50, respectively.
Indian growth story based on strong eco fundamentals: Ambassador Shringla
“India is on the march! It became a 3.0 trillion economy this year (IMF World Economic Outlook, Oct 2019). It took us nearly 60 years after independence to reach the 1 trillion mark, only 12 years since then to take it to 3.0 trillion and only 5 years, from 2014-2019, to take it from 2.0 trillion to 3.0 trillion.
Lok Sabha passes Bill to effect corporate tax reduction
The Lok Sabha passed a Bill to replace an Ordinance for effecting reduction of corporate tax rates. In the biggest reduction in 28 years, the government in September slashed corporate tax rates up to 10 percentage points as it looked to pull the economy out of a six-year low growth with a Rs 1.45 lakh crore tax break.
Corporate revenues contract 0.9 per cent in Q2: Report
An analysis of the second quarter financial results of 609 companies in the Indian corporate sector (excluding financial sector entities) by Icra showed a year-on-year (y-o-y) and sequential contraction in revenues for the first time in almost four years. Aggregate revenues contracted by 0.9% on a y-o-y basis.
View: Indian exporters in need of export subsidy scheme to compete with global players
Based on a complaint by the US, a World Trade Organisation (WTO) panel has determined that India’s export subsidies are inconsistent with WTO requirements. India has appealed against the decision.
From farm to home, M&M Financial is doubling down on digital sales
M&M Financial cleverly evolved its business model to be on the right side of the evolving rural India scene.
Govt should provide strong stimulus package for economy: Kumar Mangalam Birla
"One of the things that it (govt) can also do is to give stronger fiscal stimulus,"Kumar Mangalam Birla said.
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