Hong Kong, Sep 26 (ANI): India's corporate tax cuts support efforts to stimulate investment and GDP growth in the medium term but will cause the fiscal deficit to widen in the near term, Fitch Ratings said on Thursday.
Mumbai (Maharashtra) [India], Sep 26 (ANI): Private lender Axis Bank on Thursday announced the opening of its qualified institutions placement (QIP) last week to raise funds to enhance its capital adequacy for its growth strategy and general corporate purposes.
New Delhi [India] Sept 25 (ANI/NewsVoir): One of the largest manufacturers and exporters of hand-woven carpets in India, Bhadohi Carpets is expanding its horizon to the Indian domestic market.
Channapatna (Karnataka) [India], Sept 24 (ANI): JD-S leader H D Kumaraswamy on Tuesday attacked Congress leader Siddaramaiah for some of his comments and said he was not a 'parrot' domesticated by Sidaramaiah.
New Delhi [India], Sept 24 (ANI): Though domestic apparel exports are expected to remain in the positive zone during rest of the year, there are multiple threats looming which could slow down the pace and make it challenging for apparel exporters, investment information firm and rating agenc
Mumbai (Maharashtra) [India], Sept 23 (ANI): Heavy buying by foreign institutional investors (FIIs) and domestic traders pushed up equity benchmark indices further on Monday after the corporate tax cut announced by the government last weekend.
Mumbai (Maharashtra) [India], Sep 23 (ANI): The rally on D-Street continued on Monday afternoon with heavy buying by foreign institutional investors (FIIs) and domestic traders after the government on Friday announced a rejig of corporate tax cuts to shore up investments and growth.
Mumbai (Maharashtra) [India], Sep 23 (ANI): The rally on bourses continued during early hours on Monday with heavy buying by foreign institutional investors (FIIs) as well as domestic traders after the government on Friday announced big-bang fiscal stimulus on corporate tax cuts.
New Delhi [India], Sept 22 (ANI): Days after the central government slashed taxes for new domestic manufacturing companies to 15 per cent, Union Finance Minister Nirmala Sitharaman on Sunday said that India has become an attractive destination for companies to relocate their supply chains
New Delhi (India), Sept 21 (ANI): A day after the government slashed the domestic corporate tax to 25.17 per cent, Congress spokesperson Randeep Singh Surjewala on Saturday alleged that BJP is only worried about serving the interest of "elite class".
Panaji (Goa) [India], Sept 21 (ANI): Goa Pradesh Congress Committee (GPCC) president Girish Chodankar has hit out at Nirmala Sitharaman stating that the "faulty policies and mismanagement" of the economy by "clueless" Union Finance Minister has resulted in roller coaster ride for various sec
Mumbai (Maharashtra) [India], Sep 20 (ANI): Equity benchmark indices closed the week on a euphoric note on Friday after clocking the biggest intra-day gains in a decade at 5 per cent as the government announced a cut in the corporate tax rate for domestic companies and new manufacturing f