Search For "cuts"
Indian banks to face margin squeeze as RBI may go for more rate cuts
Updated : 1 year ago IST
NIMs at the six largest private and state-owned banks have been under stress as deposit rates caught up with lending rates over the past few quarters. However, strong credit demand has helped these banks maintain growth.
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Pentagon ordered to plan for 8 per cent annual defence budget cuts over ne
Updated : 1 year ago IST
Defence Secretary Pete Hegseth has instructed top Pentagon and US military officials to prepare plans to reduce the defence budget by 8 per cent annually over the next five years, according to a memo obtained by The Washington Post and sources familiar with the matter.
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Rate cut uncertainty, escalating tariff wars to delay Indian IT sector rec
Updated : 1 year ago IST
Uncertainties surrounding rate cuts and the escalation of tariff wars will influence the sentiments in the near term and prolong the information technology (IT) sector recovery, said a report by Mirae Asset Sharekhan.
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Chidambaram says 11 pc tax growth unlikely with tax cuts as RS takes up bu
Updated : 1 year, 1 month ago IST
Rajya Sabha on Monday took up discussion on the Union Budget with senior Congress leader and former Finance Minister P Chidambaram slamming Union Budget 2024-25 saying that tax proposals not only benefit the middle class but also the rich and richest.
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RBI cuts repo rate by 25 bps to 6.25% in first policy review under Governo
Updated : 1 year, 1 month ago IST
Malhotra highlighted the challenges posed by the global economic landscape, noting that while high-frequency indicators suggest resilience and expansion in trade, overall global growth remains below historical averages. "Progress on global disinflation is stalling, hindered by services pr
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Despite income tax cuts, India on track for fiscal consolidation: S&P
Updated : 1 year, 1 month ago IST
Finance minister Nirmala Sitharaman on Saturday announced zero tax on income of up to Rs 12 lakh. The union government will forego a revenue of Rs 1 lakh cr because of this cut.
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Income tax cuts in union budget to boost 2-wheeler and passenger vehicle s
Updated : 1 year, 1 month ago IST
Union Budget raising the income tax exemption limit to Rs 12 lakh is expected to give a big boost to the demand of 2-wheelers (2Ws) and passenger vehicles (PVs) according to a report by the global brokerage firm Jefferies.
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How Budget 2025 Will Impact the Fintech Industry: My Mudra
Updated : 1 year, 1 month ago IST
New Delhi [India], February 1: As a leading fintech company, My Mudra is changing the way businesses access financing. The upcoming Budget 2025 could have a big impact on shaping the future of fintech companies like ours. If the government reduces taxes for financial service providers and cu
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Bobby Deol celebrates 56th birthday with fans, cuts huge 'ladoo', poses wi
Updated : 1 year, 1 month ago IST
Actor Bobby Deol celebrated his 56th birthday by cutting a huge ladoo in the presence of his fans today. He organised a get-together event with his fans on this occasion.
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EV Industry eyes tax cuts, financial boosts, and infra upgrades in Union B
Updated : 1 year, 1 month ago IST
As the Union government gears for the Union Budget 2025-26, players in electric Vehicles (EVs) have urged Finance Minister Nirmala Sitharaman to introduce transformative reforms that enhance affordability, infrastructure, and innovation in the sector to tackle both manufacturing and consumer
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Taiwan: KMT Legislator claims Premier Cho orchestrated attack videos again
Updated : 1 year, 1 month ago IST
Taiwan's KMT Legislator Wang Hung-wei accuses Premier Cho Jung-tai of orchestrating attack videos against opposition parties, a claim that Cho's office denies. The controversy arises amid budget audits, with the government facing criticism over budget cuts and misinformation allegations.
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Amul cuts milk prices by Rs 1 per litre across popular variants
Updated : 1 year, 1 month ago IST
Amul has reduced the price of milk by one rupee per litre for its Amul Gold, Amul Taza and Amul Tea Special, Gujarat Cooperative Milk Marketing Federation that operates the dairy brand announced on Friday.
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