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Business News

Rating Firm S&P Global Says India's Corporate Tax Cuts 'Credit Negative'

The Indian government slashed corporate taxes on Friday, giving a surprise $20.5 billion break aimed at reviving private investment and lifting growth from a six-year low that has caused job losses and fuelled discontent in the countryside.

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IndiGo Names Pallavi Shardul Shroff As Independent Woman Director

Shroff is the Managing Partner of Shardul Amarchand Mangaldas & Co. with over 37 years of extensive experience. Her broad and varied representation of public and private corporations and other entities before various national courts, tribunals and legal institutions has earned her national and inter

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Wrong To Say India On 5% Growth Trajectory: Bibek Debroy

The GDP growth in the April-June quarter of the 2019- 20 fiscal was 5 per cent, according to government data.

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Saudi Assures India To Meet All Oil Supply Commitment

Indian Oil (IOC) Chairman Sanjiv Singh said Saudi Arabia has again assured that all supply commitments to India will be met.

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Ma Anand Sheela To Be In India, To Converse With Karan Johar

Sheela has recently regained her spot in the limelight because of the Netflix series called “Wild Wild Country” which has won many prestigious awards.

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Corporate Tax Cut To Give 'Necessary Fillip' To Economy: Piyush Goyal

"Finance Minister's announcement on slashing corporate tax will give necessary fillip to the economy which we've been hoping for. We have had a series of measures and today's measures are the largest," Goyal said.

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Air Marshal Rakesh Kumar Singh Bhadauria Will Take Over As The New Chief Of Indian Air Force

Air Marshal Rakesh Kumar Singh Bhadauria will take over as the new Chief of Indian Air Force on September 30. Notably, he has flown 26 types of fighters and transport aircraft and was a chief test pilot for India's home grown LCA Tejas. Imminently, he is tasked to ratchet up the depleting squadron o

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Lagarde Urges Policymakers To Resolve Manmade Economic Threats

Lagarde only last week left her post as head of the International Monetary Fund after eight years, the first woman to serve in that role, and she is expected to put another "first" on her resume by the end of the year: first woman to serve as president of the European Central Bank.

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Asian Currencies Advance; Rupee Surges On India Tax Cuts

Rupee rose as much as 0.9% to its strongest since Aug. 9, while stocks in the country looked set for their best day in more than a decade, after Nirmala Sitharaman lowered the effective corporate tax rate and scrapped the minimum alternative tax for domestic companies.

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Industry, Market Cheer Slashing Of Corporate Tax Rate

Corporate tax rate cut from 30 pc to 25.2 pc to spur growth- this is a great move which will firmly revive growth and investment.

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