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Economy

Govt rolls back super-rich tax on foreign portfolio investors, local institutions, HNIs

Economy

23 August, 2019

Govt rolls back super-rich tax on foreign portfolio investors, local institutions, HNIs

Finance minister Nirmala Sitharaman on Friday announced the reversal of a Budget proposal to levy enhanced surcharge on capital...

India Inc grows impatient as economy dips and Modi is distracted

Economy

23 August, 2019

India Inc grows impatient as economy dips and Modi is distracted

When Prime Minister Narendra Modi was re-elected in May with a sweeping majority, Indian stock markets jumped to all-time highs...

Govt needs to reduce e-commerce restrictions to revive economy: Amazon India head

Economy

22 August, 2019

Govt needs to reduce e-commerce restrictions to revive economy: Amazon India head

India needs to encourage ecommerce and reduce red tape to help small businesses sell online and export goods to help ......

Tackling India's weak economic growth is top priority for RBI

Economy

21 August, 2019

Tackling India's weak economic growth is top priority for RBI

Fixing India's weak growth has become the highest priority while a benign inflation outlook has given the central bank room...

Govt panel suggests across board corporate tax cut to 25%

Economy

20 August, 2019

Govt panel suggests across board corporate tax cut to 25%

An Indian government panel has recommended cutting the corporate tax rate to 25% from 30% for all companies and scrapping ......

RBI weighs linking some new bank loans to policy rate

Economy

19 August, 2019

RBI weighs linking some new bank loans to policy rate

The Reserve Bank of India is looking to get banks to link some new loans to its key policy rate ......

India govt unlikely to unveil economic stimulus before Monday

Economy

16 August, 2019

India govt unlikely to unveil economic stimulus before Monday

The government is unlikely to announce any economic stimulus before Monday as more meetings are being planned to discuss a ......

ANZ slashes GDP growth forecast for India, says turnaround tough

Economy

16 August, 2019

ANZ slashes GDP growth forecast for India, says turnaround tough

The Australia and New Zealand Banking Group (ANZ) slashed its forecast for India’s economic growth to 6.2% in the financial...

July WPI inflation slows to more than two-year low as economy falters

Economy

14 August, 2019

July WPI inflation slows to more than two-year low as economy falters

India’s annual wholesale price inflation in July eased to a 25-month low of 1.08%, indicating manufacturers are losing their...

July retail inflation stays low enough to allow RBI a fifth rate cut

Economy

13 August, 2019

July retail inflation stays low enough to allow RBI a fifth rate cut

India's retail inflation rate eased slightly in July, staying below the central bank's 4% medium-term target for a 12th...

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