Search Results for: Nirmala sitharaman

Sensex, Nifty advance 2% after Centre takes steps to spur growth

The Sensex jumped over 762.74 points to 37,463.90, while the Nifty traded 216.95 points higher to top the 11,000-point mark at 11,046.30.

Aug 26, 2019

Gold prices moving to all-time highs as China-US trade war escalates

As gold rallies, Indian markets are getting support even from the depreciating rupee, apart from the global uncertainties.

Aug 26, 2019

Jaitley cremated with full state honours

Jaitley passed away at AIIMS on Saturday after a prolonged illness.

Aug 25, 2019

Centre responsive to slowdown, but more steps needed: Report

On the measures announced to boost auto sales, the report noted that the auto sector may benefit marginally.

Aug 25, 2019

Nirmala Sitharaman rolls back tax hike on foreign, domestic equity investors; outlines steps to boost sentiment

The government also outlined a raft of measures including some for the crisis-hit autos sector, small businesses, and the troubled shadow banking sector to calm nerves of investors and lift consumer sentiment ahead of the Indian festive season that begins next month.

Aug 24, 2019

Highest number of women MPs in India's history, but what does this translate into?

The card of womanhood has often been deployed by our politicians as a tool to garner votes.

Aug 23, 2019

bse opening on tuesday, sensex to gain on, uttar pradesh election results 2017, bjp wins in uttar pradesh, pm modi

Nifty, Sensex rebound after report of likely FPI tax rollback

Indian shares rebounded from a sharp fall on Friday, following a media report that the government could soon announce a rollback of higher taxes for foreign portfolio investors (FPIs).

Aug 23, 2019

Low quality Chinese batteries slowing down India's EV push?

Notably, the development has come against the backdrop of Finance Minister Nirmala Sitharaman announcing a corpus of ₹10,000 crore in March under India's Faster Adoption and Manufacturing of Hybrid and Electric Vehicles or FAME 2 scheme-to expand commercial vehicle fleet.

Aug 21, 2019

Direct tax code: Panel recommends slew of measures to lower tax burden

The committee submitted its report to Finance Minister Nirmala Sitharaman on Monday and the report is expected to be made public for consultation after due examination

Aug 20, 2019

Tesla shows interest in building large e-battery plants in India

If India slashes crude consumption it can save precious foreign exchange, besides controlling pollution in major cities.

Aug 19, 2019

Arun Jaitley in critical condition; Amit Shah, Harsh Vardhan visit AIIMS

The 66-year-old BJP leader was admitted to AIIMS last week after he complained of difficulty in breathing.

Aug 17, 2019

PM-inspired stimulus package may come as early as this weekend

The January-March quarter GDP has slowed down to 5.8 per cent, the lowest in five years, which has caused pain points to emerge all across the economic vector.

Aug 16, 2019

Is India in the midst of an economic slowdown? Can it get worse?

Rapidly falling auto sales through successive months provide the most telling indication of the economy's slide as most sectors shed growth momentum; government mulls stimulus package for growth

Aug 14, 2019

Finance ministry working on stimulus package to pull economy from brink of slowdown

The stimulus could cover the financial markets that have shown big volatility in recent weeks and particularly after the presentation of Union Budget on July 5 that raised tax surcharge on FPIs.