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Economy

GDP growth to improve in second half of FY20: Finance minister Sitharaman

Economy

27 September, 2019

GDP growth to improve in second half of FY20: Finance minister Sitharaman

India’s economic growth is likely to pick up in the October-March period as consumer demand is expected to improve, Finance ......

Why PM Modi's corporate tax cut is unlikely to spur job bonanza

Economy

25 September, 2019

Why PM Modi's corporate tax cut is unlikely to spur job bonanza

With one eye on flagging demand, businesses in India are likely to bank the government's $20.4 billion corporate tax windfall ......

ADB slashes India growth estimate as global trade tensions escalate

Economy

25 September, 2019

ADB slashes India growth estimate as global trade tensions escalate

 Escalating trade tensions between the United States and China have darkened the outlook for developing Asia, with the region expected ......

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In six months, Ayushman Bharat's use rate will be about 12 mn a year: CEO Indu Bhushan

Economy

23 September, 2019

In six months, Ayushman Bharat's use rate will be about 12 mn a year: CEO Indu Bhushan

Ayushman Bharat, the Modi government’s ambitious health insurance scheme, was launched last year with much fanfare. Dubbed Modicare, it aimed ......

Govt says no plans to revise fiscal deficit target or cut spending now

Economy

23 September, 2019

Govt says no plans to revise fiscal deficit target or cut spending now

India will not revise its fiscal deficit target immediately and is not planning any spending cuts at this stage, the ......

Rating firm S&P Global says India's corporate tax cuts are 'credit negative'

Economy

20 September, 2019

Rating firm S&P Global says India's corporate tax cuts are 'credit negative'

Rating firm S&P Global said on Friday India’s move to cut corporate tax rates was a “credit negative development” despite ......

Govt gives companies $20.5 bn tax break in bid to revive growth

Economy

20 September, 2019

Govt gives companies $20.5 bn tax break in bid to revive growth

The Indian government on Friday slashed corporate taxes in a bid to pump up the flagging fortunes of the economy, ......

Flipkart, Amazon rush to pull vaping devices after India ban

Economy

19 September, 2019

Flipkart, Amazon rush to pull vaping devices after India ban

Amazon.com, Walmart-owned Flipkart and other e-commerce portals in India scrambled on Thursday to pull listings of vaping products a day ......

PM Modi to meet BP, Exxon execs to discuss investment opportunities

Economy

19 September, 2019

PM Modi to meet BP, Exxon execs to discuss investment opportunities

Prime Minister Narendra Modi will meet executives from energy majors BP PLC and Exxon Mobil Corp in the United States ......

US Fed cuts interest rates for second time in a row

Economy

19 September, 2019

US Fed cuts interest rates for second time in a row

The U.S. Federal Reserve cut interest rates again on Wednesday to help sustain a record-long economic expansion but signalled a ......