Tax Cuts

Nirmala Sitharaman’s record 160-minute long Budget speech a missed opportunity to revive a floundering economy

The decision to sell part of government stake in LIC and list shares on stock exchanges is one big announcement made in the Budget and will be seen with a lot of interest by the investors.

IndiGo’s aircraft order can help change its long term trend, tax revenue growth concerns; all this and more on Moneycontrol Pro

IndiGo placed an order for 300 jets from the A320neo family with Airbus and the news resulted in a sharp 8% jump in the company’s share price, the biggest gain in the past three years.

Corporate tax cuts to create positive impact on economy, boost industry; now need to focus on spurring demand: India Inc

Industry leaders from diverse sectors such as manufacturing and services expect the reduction in corporate tax rates to create a positive impact on the economy, leading to a speedier turnaround

Firstpost Editor's Picks: Article 370 abrogation, VVIP culture, Wrestling Championships 2019; today's must-read stories

Firstpost Editor's Picks: Jamiat Ulema-e-Hind backs Article 370 abrogation, Uttar Pradesh's VVIP culture, Wrestling World Championships 2019, auto sales slowdown, Gang Leader movie review; today's must-read stories.

National Anti-Profiteering Authority's extension reveals neta-babu tribe is not going to give up its chance to meddle with pricing

The extension, without a freeze on new complaints, has also shown that the Jaitley-Adhia assurances that the NAA will be a benign, purely deterrent mechanism were also hollow.

RBI may change monetary policy stance; likely to move closer to rate cut in April as inflation stays below central bank’s target

While two-thirds of 65 economists expected the RBI to hold the repo rate at 6.50 percent, most respondents predicted the MPC would shift its stance to neutral, according to a Reuters poll.

2019 interim Budget set to be populist, but Modi will avoid Congress extravagance; focus on Ayushman Bharat

The 1 February budget—the last from Prime Minister Narendra Modi's government elected in 2014—will be a Vote on Account, and it would be better to look for political signals in the economic document.

RBI accountable to govt, differences must be resolved internally in country’s interest: Bimal Jalan

The government also wants the RBI to release more liquidity to the shadow banking sector and relax its provisioning norms for banks.

Fed should go slow on unwinding balance sheet to limit impact of dollar in emerging markets, says RBI governor Urjit Patel

Given the rapid rise in the size of the US deficit, he said, the Fed must respond by slowing plans to shrink its balance sheet

US economy adds 164,000 jobs in April; unemployment down to 3.9 per cent pointing to sustained resilience

U.S. employers stepped up hiring modestly in April, and the unemployment rate fell to 3.9 percent, evidence of the economy's resilience amid the recent stock market chaos and anxieties about a possible trade war.