No plans to revise fiscal deficit target: Nirmala
Finance Minister Nirmala Sitharaman on Sunday said there are no plans to revise the fiscal deficit target for the current fiscal at the moment and a decision in this regard will be taken before the annual Budget. Experts are of the view that India's fiscal deficit will widen as a result...
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Experience more relevant than what you learnt 35-40 years ago, says Das
23 September 2019 | PTI -
Petronet to invest $2.5 bn in Tellurian Inc for 5 m tonns of US LNG
23 September 2019 | PTI -
Govt working on measures to make steel sector ‘globally competitive'
23 September 2019 | PTI -
WTO dispute over India's tariffs on ICT goods: US seeks setting by up of dispute panel
23 September 2019 | PTI -
HDFC Bank to hold 1,000 grameen loan melas over next 6 months
23 September 2019 | PTI -
Tax cuts to boost industry; now need to focus on spurring demand: India Inc
23 September 2019 | PTI -
Petrol price jumps Rs 1.59/ltr, diesel Rs 1.31/ltr after Saudi attacks
23 September 2019 | PTI
We are committed to meet India's energy security needs: Saudi envoy
In the midst of disruption in global oil supply following the biggest-ever attacks on its oil installations, Saudi Arabia has said it is committed to meet India's energy security needs and will work constructively with other oil producers to maintain market stability. Saudi Ambassador Dr. Saud bin Mohammed Al Sati, in...
Business Corner
Pradhan reviews performance of NMDC New Delhi: Dharmendra Pradhan Union Minister of Petroleum & Natural Gas and Minister of Steel, Govt. of India visited the Head Office of NMDC Limited at Hyderabad on 21.09.2019. The Minister met CMD, Directors and employees of the company and reviewed NMDC's performance in presence...
Top 1K listed firms may see savings of Rs 37K cr post corp tax cut: CRISIL
CRISIL Research on Sunday said top 1,000 listed companies could see tax savings of Rs 37,000 crore on account of the corporate tax cut. "Over the past few days, a slew of measures have been introduced to address the slowdown in the Indian economy. Friday's announcement, however, is the most material...Our...
Corp tax cut makes India an investment destination, says FM
India has become a highly competitive investment destination post corporate tax reduction as the rates are now lower than that in China and most Southeast Asian countries, Finance Minister Nirmala Sitharaman said on Sunday. India was earlier at disadvantage because of a couple of factors and on top of it was...
Petronet LNG signs USD 2.5 bn deal to take stake in US LNG plant
Petronet LNG Ltd, India's biggest liquefied natural gas importer, has signed a preliminary deal to buy a stake in Tellurian Inc's proposed Driftwood project in Louisiana and import 5 million tonnes a year of LNG. The deal is worth about USD 2.5 billion, sources privy to the development said. "Tellurian Inc. And...
FPIs withdraw Rs 4,193 cr from capital markets in Sept so far
Foreign investors have pulled out a net sum of Rs 4,193 crore from the Indian capital markets in September so far, but the trend is expected to reverse on the back of fiscal relief measures announced by the government, experts said. The Centre on Friday slashed corporate tax rates by around...
Hotel industry welcomes GST cuts on hotel room tariffs
The hotel industry has welcomed the reduction in GST on hotel room tariffs, saying that it will provide a major fillip to the hospitality and tourism sector and is a step in right direction. Finance Minister Nirmala Sitharaman on Friday announced nil tax for hotels room tariffs of up to Rs...
