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Liquidity boost: State banks can now buy assets of NBFCs

The scheme will help address NBFCs and HFCs resolve their temporary liquidity or cash flow mismatch issues.

corporate tax cut

Dec 11, 2019, 09.36 PM IST

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CORPORATE TAX CUT

Recent cut in corporate tax rate was done to boost investments: CEA

"Private investment is the driver of economic growth. Steps that we are taking, be it corporate tax rate cut, be it code on wages and industrial relations, is to try and create a more favourable environment for investment," Chief Economic Adviser KV Subramanian said at the FICCI Young Leaders Summit. He said investment is required for a sustained economic growth.

Part Panglossian, part practical, Governor Shaktikanta Das soldiers on

Tomorrow, Das will complete a year at the helm of RBI. Here's looking ...

Global airlines cut 2019 profit forecast over trade tensions

IATA cut full-year net profit forecast to $25.9 billion, a 5.1% decline from 201...

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