Search For "investments"
Indian economy to grow 6.5 pc in FY19, 7.2 pc in FY20: ADB
Updated : 6 years, 5 months ago IST
Tokyo [Japan], Sep 25 (ANI): The Asian Development Bank (ADB) has revised its outlook for India's economy with growth now expected at 6.5 per cent in fiscal year (FY) 2019, following weaker expansion in the first quarter of the year with slower growth in consumption and investment affecting
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Corporate tax cuts would invite FDI: Tripura CM Biplab Kumar Deb
Updated : 6 years, 5 months ago IST
Agartala (Tripura) [India], Sept 24 (ANI): Chief Minister Biplab Kumar Deb on Tuesday hailed the Centre's decision to slash corporate tax rates and said the decision would attract huge foreign investments into the country.
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India must aim to attract largest FDI share in the world: Prasad
Updated : 6 years, 5 months ago IST
New Delhi [India], Sep 24 (ANI): India ranks as the second-largest telecommunications market globally and is on the cusp of a transformational change which will require more foreign direct investments (FDIs), Minister of Communications Ravi Shankar Prasad said on Tuesday.
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Slashing corporate tax rates a bold measure: RBI Governor Das
Updated : 6 years, 5 months ago IST
New Delhi [India], Sep 24 (ANI): The government's recent decision to cut corporate tax rates is a bold measure and augurs well for the economy, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Tuesday.
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Equities in the green after two days of strong rally, Reliance gains by 3
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Sep 24 (ANI): Equity gauges swung wildly but were largely flat during early hours on Tuesday after two days of strong gains following the government's announcement on lowering of corporate taxes to revive economic growth and boost investments.
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India, UAE conclude high-level task force meeting on investments
Updated : 6 years, 5 months ago IST
New Delhi [India], Sept 23 (ANI): India said on Monday that the seventh meeting of UAE-India joint task force on investments reviewed progress to enhance trade opportunities between the two countries.
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Sensex jumps over 1,400 points, hotel stocks gain after GST rationalisatio
Updated : 6 years, 5 months ago IST
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.
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PM Modi highlights corporate tax reduction, calls for investments
Updated : 6 years, 5 months ago IST
Houston [USA], Sept 23 (ANI): Pitching India as an attractive investment destination, Prime Minister Narendra Modi said on Sunday that norms on single-brand retail had been eased, coal mining and contract manufacturing was open for 100 per cent FDI investment and "big" reduction in corpor
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Jairam Ramesh questions Centre's move to slash corporate tax for domestic
Updated : 6 years, 5 months ago IST
New Delhi [India], Sept 20 (ANI): Congress leader Jairam Ramesh on Friday lauded the move by the Centre of slashing corporate tax for local and domestic manufacturing companies, however, expressed doubts whether this move will bring in investments.
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Sensex zooms over 2,000 points after government announces fiscal measures
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Sept 20 (ANI): Equity indices surged by over 5 per cent to record highs as Finance Minister Nirmala Sitharaman slashed corporate taxes and announced a Rs 1.45 lakh crore stimulus to shore up growth and investments.
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Domestic corporate tax rate slashed to 22 pc, 15 pc for new manufacturing
Updated : 6 years, 5 months ago IST
Panaji (Goa) [India], Sep 20 (ANI): Bringing in tax cuts and fiscal reliefs through an ordinance, the government on Friday slashed domestic corporate tax to an effective 25.17 per cent, inclusive of all surcharges and cess, in a bid to promote growth and investments amid economic slowdown
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Effective corporate tax rate after surcharge to be 25.17 pc: Sitharaman
Updated : 6 years, 5 months ago IST
Panaji (Goa) [India], Sept 20 (ANI): To promote growth and investments in the country, Union Finance Minister Nirmala Sitharaman on Friday announced to slash the corporate tax rates for domestic companies and stated that a new provision has been inserted in the Income Tax Act with effect
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