Mumbai : The Rs 1.45- trillion tax giveaway is unlikely to widen fiscal deficit much as the shortfall will be met through increased tax collections due to higher growth which the massive tax cuts are expected to achieve, Niti Aayog Vice Chairman Rajiv Kumar said here on Saturday. On Friday, the government had announced tax cuts for […]
Read MoreMumbai: The Indian rupee on Friday rose by 40 paise to settle at 70.94 to the US dollar after forex market sentiment was buoyed by the government decision to slash corporate taxes. The news of lowering corporate tax rejoiced the equity market as well, but the bond market did not take the announcement very well. […]
Read MoreMumbai: Sonam Kapoor has been lauded for her work in films like “Raanjhanaa”, “Neerja” but she believes her best is yet to come. It’s been 15 years for Sonam in the film industry and she says “her journey to stardom wasn’t easy”. “I don’t think anything good comes easily to anyone. If it comes easy […]
Read MoreMumbai: The Union government is applying only a balm to the economy when what is needed is a surgery, the Congress said on Friday, demanding that the focus should be on job-creating sectors such as construction and textiles. Addressing a press conference here, Congress spokesperson Gaurav Vallabh also said the GST structure should be reformed, […]
Read MoreMumbai: The rupee dropped 10 paise to close at 71.34 against the US dollar on Thursday as heavy selling in domestic equities, unabated foreign fund outflows and rising crude oil prices kept investors edgy. Forex traders said investors also turned cautious after the US Federal Reserve dimmed hopes of further rate cuts. At the interbank […]
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