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Search Results for: economic sanctions

Narendra Modi

PM Modi invites global CEOs to invest in India, assures support

PM Modi was speaking at the Bloomberg Global Business Forum which was attended by world leaders and top corporate executives. Sep 26, 2019
job cuts

Govt's big corporate tax cut unlikely to spur job bonanza

While the tax rate cut brings the cost of doing business in India into line with its main Asian rivals, the government giveaway will do little to fix the lack of spending power, economists say. Sep 26, 2019
Customers panic after RBI intervention in PMC Bank

Explainer: What is PMC Bank and why are the customers panicking?

RBI has capped withdrawals to Rs 1,000 for six months to prevent a run on the bank; authorities are probing major accounting issues. Sep 25, 2019
Nirmala Sitharaman

Modi govt plans another round of PSU stake sale to recover loss from tax bonanza

Centre may also opt for using buffer, which means a slight deviation from the target, and then close the deficit again once the economy is back on a high growth track. Sep 24, 2019
india fuel prices

Improving supplies set to trim fuel prices that rose for eighth day in a row

International crude may soften as Houthis talk of halting further attacks and Saudi production gets back to near-normal levels despite reigning geopolitical tensions. Sep 24, 2019
PM Modi in US

India's strategic drive for LNG source diversification gets a boost with US deal

Petronet LNG will invest $2.5 billion in Tellurian Petronet's Louisiana project under proposed tie-up concluded in the presence of Prime Minister Narendra Modi Sep 23, 2019
BS Yediyurappa conducts aerial survey

Will Karnataka be able to tackle post-flood crisis without Central aid?

Tejasvi Surya, while visiting the flood-affected Belagavi district had claimed that the state government is financially sound to provide assistance to the affected areas and the government is not depended on the Centre. Sep 23, 2019
Virat Kohli

Virat Kohli in danger of getting banned! Warned and reprimanded by ICC for running into Beuran Hendricks

Always known as a tough competitor, Virat Kohli committed an act during the third T20I that has pushed him very close to a ban. Sep 23, 2019
Tata Consultancy Services

Indian IT companies pay better than local competitors in US: Report

The IHS Markit took the data from the US Bureau of Labor Statistics and other government institutions to compile the report, which was further clubbed with the numbers provided by Nasscom member companies. Sep 23, 2019
Iran President Hassan Rouhani

Rouhani says imposition of fresh sanctions on Iran points to US 'desperation'

The United States imposed another round of sanctions on Iran following the September 14 attacks on Saudi oil facilities that Riyadh and US officials have blamed on Iran. Sep 23, 2019
Nirmala Sitharaman

Corporate tax rate cuts will not lead to a slash in spending, says FM Sitharaman

India cut corporate tax rates on Friday in a surprise move designed to woo manufacturers, revive private investment and lift growth from a six-year low. Sep 23, 2019
Nirmala Sitharaman

Will Sitharaman's tax tweak snare capital fleeing China over US trade war?

Finance Minister Nirmala Sitharaman's sweeping reforms slashing corporate tax rates to bring them at par with most South Asian and Southeast Asian nations are expected to trap investments headed even to low-tax destinations like Bangladesh and Vietnam. Sep 21, 2019
Prince Andrew accuser

Epstein accuser Virginia Giuffre says Prince Andrew sexually abused her at 17

Calling the second oldest son of Queen Elizabeth 'an abuser', a participant" who knew Jeffrey Epstein's sexual exploitation, said she was coerced into sex with Andrew at age 17. Sep 21, 2019
FM Sitharaman announces steps to boost liquidity, demand

Pre-Diwali bonanza for India Inc? Govt announces bold reforms to kick start the economy

Finance Minister Nirmala Sitharaman exhibited boldness while announcing the decisions and instead of being nervous about the revenue shortfalls, she conveyed a clear message that growth is now the topmost priority. Sep 21, 2019
Damaged Aramco oil facilitiy

US to send troops to Saudi Arabia after Aramco oil attacks

In response to the kingdom's request, the Pentagon will deploy a moderate number of troops and plans to expedite delivery of military equipment to both Saudi Arabia and the United Arab Emirates. Sep 21, 2019
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