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Govt likely to raise spending in budget to revive economic growth

Finance

28 January, 2020

Govt likely to raise spending in budget to revive economic growth

Indian Prime Minister Narendra Modi’s government is expected to raise spending on infrastructure and cut some personal tax in its ......

India faces first fall in direct taxes in at least two decades

Economy

24 January, 2020

India faces first fall in direct taxes in at least two decades

India's corporate and income tax collection for the current year is likely to fall for the first time in at ......

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Demand sinks: Q2 sales drop at one in four large Indian consumer-facing companies

Consumer

18 November, 2019

Demand sinks: Q2 sales drop at one in four large Indian consumer-facing companies

The slowdown in Indian consumer demand that was initially rebuffed as a behavioural change by car buyers has spread faster ......

Tax officials find PM Modi's targets too taxing, some quit

Economy

15 November, 2019

Tax officials find PM Modi's targets too taxing, some quit

India’s tax officials are facing a taxing issue. Prime Minister Narendra Modi’s government wants them to collect 17% more in direct ......

India to miss fiscal deficit target as slowing growth crimps tax revenue

Finance

17 October, 2019

India to miss fiscal deficit target as slowing growth crimps tax revenue

India is likely to miss its fiscal deficit target of 3.3% of gross domestic product for the current financial year ......

Nifty, Sensex rise on upbeat start to earnings season

Markets

16 October, 2019

Nifty, Sensex rise on upbeat start to earnings season

Indian shares ended higher on Wednesday as investors looked forward to upbeat September-quarter earnings from companies against the backdrop of ......

Multinational companies face heftier tax hit in biggest overhaul for decades

Finance

09 October, 2019

Multinational companies face heftier tax hit in biggest overhaul for decades

Governments will get more power to tax big multinationals like Google, Apple and Facebook doing business in their countries under ......

Indian equities lure foreign money in September on corporate tax cuts

Markets

07 October, 2019

Indian equities lure foreign money in September on corporate tax cuts

India and Taiwan equities received strong foreign inflows in September due to some local factors, but other regional markets saw ......

India stock markets priciest in Asia as valuations jump after corporate tax cut

Markets

03 October, 2019

India stock markets priciest in Asia as valuations jump after corporate tax cut

India and Malaysian equities were the most expensive in Asia on Oct. 2, based on their price-to-earnings valuation metrics, according ......

Sensex rises this week on govt move to cut corporate taxes

Markets

27 September, 2019

Sensex rises this week on govt move to cut corporate taxes

Indian shares closed lower on Friday, pressured by auto and metal stocks, as investors hoped for more stimulus to revive ......