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In six months, Ayushman Bharat's use rate will be about 12 mn a year: CEO Indu Bhushan

Economy

23 September, 2019

In six months, Ayushman Bharat's use rate will be about 12 mn a year: CEO Indu Bhushan

Ayushman Bharat, the Modi government’s ambitious health insurance scheme, was launched last year with much fanfare. Dubbed Modicare, it aimed ......

Govt says no plans to revise fiscal deficit target or cut spending now

Economy

23 September, 2019

Govt says no plans to revise fiscal deficit target or cut spending now

India will not revise its fiscal deficit target immediately and is not planning any spending cuts at this stage, the ......

Rating firm S&P Global says India's corporate tax cuts are 'credit negative'

Economy

20 September, 2019

Rating firm S&P Global says India's corporate tax cuts are 'credit negative'

Rating firm S&P Global said on Friday India’s move to cut corporate tax rates was a “credit negative development”...

Govt gives companies $20.5 bn tax break in bid to revive growth

Economy

20 September, 2019

Govt gives companies $20.5 bn tax break in bid to revive growth

Indian Finance Minister Nirmala Sitharaman announced a slew of measures on Friday to revive sagging investment in Asia’s...

Flipkart, Amazon rush to pull vaping devices after India ban

Economy

19 September, 2019

Flipkart, Amazon rush to pull vaping devices after India ban

Amazon.com, Walmart-owned Flipkart and other e-commerce portals in India scrambled on Thursday to pull listings of vaping products...

PM Modi to meet BP, Exxon execs to discuss investment opportunities

Economy

19 September, 2019

PM Modi to meet BP, Exxon execs to discuss investment opportunities

Prime Minister Narendra Modi will meet executives from energy majors BP PLC and Exxon Mobil Corp in the United States ......

US Fed cuts interest rates for second time in a row

Economy

19 September, 2019

US Fed cuts interest rates for second time in a row

The U.S. Federal Reserve cut interest rates again on Wednesday to help sustain a record-long economic expansion but signalled...

Govt scraps import tax on open cell TV panels to boost manufacturing

Economy

18 September, 2019

Govt scraps import tax on open cell TV panels to boost manufacturing

India has scrapped a tax on imports of open cell TV panels, used to make television displays, in a move ......

Spooked by Modi's plastics ban, India Inc seeks clarity, exemptions

Consumer

18 September, 2019

Spooked by Modi's plastics ban, India Inc seeks clarity, exemptions

Companies in India will seek exemptions from the government’s planned ban on certain plastic items, fearing the move will...

GST panel unlikely to favour tax rate cut for auto sector

Economy

17 September, 2019

GST panel unlikely to favour tax rate cut for auto sector

India's goods and services tax (GST) panel is unlikely to approve lowering the tax for the auto and allied components ......

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