Lucknow (Uttar Pradesh) [India], Sept 22 (ANI): Chief Minister Yogi Adityanath on Sunday backed the Centre's decision to cut corporate tax rates, saying that this will pave the way for India becoming a $ 5 trillion economy, while Uttar Pradesh will be a $ 1 trillion economy by 2024.
Panaji (Goa) [India], Sept 20 (ANI): Finance Minister Nirmala Sitharaman on Friday announced the reduction of GST rates on a slew of items including slide fasteners, marine fuel and wet grinders and increased for railway wagons and coaches among others.
Pune (Maharashtra) [India], Aug 27 (ANI): Finance Minister Nirmala Sitharaman on Tuesday said she is willing to listen to people from different sectors regarding deduction in Goods and Services Tax (GST) rates but the final decision will be of the GST Council.
Mumbai (Maharashtra) [India], Aug 14 (ANI): Equity benchmark indices were in the positive zone during early hours on Wednesday led by a rally in global stock markets and after retail inflation data boosted chances of another interest rate cut.
Mumbai (Maharashtra) [India], Aug 8 (ANI): Equity indices swung wildly during early trading on Thursday but mostly remained at near-flat levels as the announcement of repo rate cut of 35 basis points by the Reserve Bank India a day earlier failed to cheer investors.
Mumbai (Maharashtra) [India], Aug 7 (ANI): Equity indices fell to low levels during the last hour of trading on Wednesday after the Reserve Bank of India (RBI) cut the repo rate by 35 bps at 5.4 per cent.
Pune (Maharashtra) [India] August 06 (ANI/BusinessWire India): The Reserve Bank of India (RBI) has reduced the repo rate by 75 basis points in the past 6 months and is expected to deliver a fourth consecutive rate cut of 25 basis points on August 7, 2019.
New York [USA], Aug 1 (ANI): The cut in US Fed funds rate is credit negative for American banks, applying renewed pressure on net interest margins (NIMs) and profitability that could stimulate further consolidation of the sector, Moody's Analytics said on Thursday.
Mumbai (Maharashtra) [India], July 30 (ANI): Equity benchmark indices were higher during early hours on Tuesday after tracking gains in Asian markets as investors prepared for an expected US interest rate cut this week.
New Delhi [India], July 29 (ANI): The real estate sector is facing major challenges of liquidity squeeze and has not benefitted from recent interest rate cuts by the Reserve Bank of India, the National Real Estate Development Council (NAREDCO) said on Monday.
Mumbai (Maharashtra) [India], July 29 (ANI): Equity benchmark indices oscillated between gains and losses during early hours on Monday, tracking sluggish Asian stocks as US-China trade talks resume later this week and the Federal Reserve is expected to deliver its first interest-rate cut