Search Results for: GST rates

IMF warns of economic slowdown in 90% of world, India to be hit hard

According to the new head of the 189-nation, the widespread deceleration means that growth this year will fall to its lowest rate since the beginning of the decade.

Oct 9, 2019

Hrithik Roshan and Tiger Shroff's Bollywood movie War

War 7-day box office collection: Hrithik-Tiger's film beats lifetime record of Salman's Bharat

Hrithik Roshan and Tiger Shroff's War has collected Rs 215.60 crore net at the Indian box office in 7 days. It has become the third highest-grossing Bollywood film of 2019 in the domestic market.

Oct 9, 2019

Will RBI cut rates further as market takes hit from fifth successive reduction?

Markets slumped on weak sentiment after RBI cut the repo rate by an expected 25 basis points to 5.15%; the central bank maintains accommodative guidance as it adjusts economic growth estimates for the full year to 6.1% from 6.9%.

Oct 5, 2019

US unemployment drops to 3.5% in Sept with 1,36,000 new jobs

Though the US economy continues to provide almost full employment, the creation of 136,000 new jobs was below the expectations of analysts.

Oct 5, 2019

Sensex sheds 434 points after RBI policy meeting; rate-sensitive stocks tank

The RBI cut the repo rate by 25 basis points (one basis point is one-hundredth of a per cent) to 5.15% from 5.40% but Sensex and Nifty declined over 1% as growth worries took the centre stage.

Oct 4, 2019

RBI cuts repo rate by 25 bps to 5.15%; GDP growth for FY20 adjusted to 6.1%

The lending rates were reduced in a bid to reverse the consumption slowdown and shore-up growth.

Oct 4, 2019

Despite Sye Raa and War's domination, Sivakarthikeyan's Namma Veettu Pillai holds ground in Tamil Nadu

Sivakarthikeyan's Namma Veettu Pillai is performing well at the Tamil Nadu box office despite the release of Chiranjeevi's Sye Raa Narasimha Reddy and Hrithik Roshan's War.

Oct 2, 2019

Uttar Pradesh govt outlets to sell onions at controlled rates

Uttar Pradesh Chief Secretary RK Tiwari has asked all District Magistrates to open such outlets at the earliest. These outlets will also be opened at Mandi Parishad offices.

Oct 1, 2019

Will RBI cut interest rate by 40 bps for 5th successive time this year?

Most experts expect a rate cut though they differ on the quantum ranging between 15 and 40 basis points; Finance Minister Nirmala Sitharaman's growth push is likely to guide RBI's monetary policy

Sep 29, 2019

Misbehaviour and violation women suffer at workplace: IAS officer shares her ordeal

Although the exact cause of the commissioner's tweet is not known, her statements do open a window for debate around a woman's place in workspaces.

Sep 27, 2019

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Personal income tax revision: DTC panel proposals will benefit middle income groups

The DTC panel recommendations include an increase in the threshold limit for income tax exemption to Rs 5 lakh from the existing Rs 2.5 lakh limit and a new tax rate of 35 percent for those who earn Rs 2 crore and above.

Sep 24, 2019

How corporate tax cut will boost smartphone manufacturing in India

India slashed its headline corporate tax rate to 22% from 30% on Friday in a surprise gambit aimed at wooing manufacturers and boosting investment.

Sep 24, 2019

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Markets today: Sensex surges over 1,000 points, Nifty crosses 11,650 mark

Financials were among the top gainers, with the Nifty banking index, which tracks both state-owned and private-sector lenders, rising up to 5.5%.

Sep 23, 2019

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.