The government’s growth support measures, announced in fits and starts over the last one month, supplement the RBI’s generous dose of monetary stimulus.
Finance Minister Nirmala Sitharaman announced mergers of 10 public sector banks, days after rolling back FPI surcharge and angel tax introduced in July.
December oil imports from Russia may drop nearly 50%, but Indian buyers already shifting to non-designated Russian entities and opaque trading channels to keep Russian oil flowing.
New Delhi is interested in firming up bilateral agreements for increased trade, mobility, upgrade of Su-30 MKI fighters and the increased range of BrahMos supersonic missiles.
The India-South Africa series-defining fact is the catastrophic decline of Indian red ball cricket where a visiting team can mock us with the 'grovel' word.
I am surprised at this reporting . When other media are mentioning biggest single day gain of Sense in ten years, positive buoyancy in Auto sector, Equity market , Hotels etc This news here highlighted rise in GST for caffeinated drinks, while not providing due focuss on rate cuts for Room rents in hotels from INR 1000 to 7500 , Corporate Tax cuts …Abolition of Surcharge .. cuts on defense purchase for items not manufactured in India, Exemption of share buy back tax … In nut shell the industry is buoyant and affirmative with expectations of job and employment generation . This is all the more important given the challenge on revenue. Notable here urgent requirements for defense exist that can’t be postponed to tackle adventurism from any adversary.
My only humble expectation these benefits would incentivise our corporate sector to commit much more on inhouse R&D. This to propel India as hub of Contract R&D and our industry becones Technology Donors
not Tech Receivers, our future progeny can be working and be owning companies like Raytheon Lockheed Boeing Mitsubishi Toshiba . Vandemataram
This tax cut, a 3rd mini budget, is essentially an ice cream for the top 0.7% of the richest population in India. When they too find out it did not work for them either because of global situation, the 4th budget will be available by March of next year.
I am quite surprised to see that ThePrint is allowing users to comment today. Generally it does not.May be it is going to moderate it out
I am surprised at this reporting . When other media are mentioning biggest single day gain of Sense in ten years, positive buoyancy in Auto sector, Equity market , Hotels etc This news here highlighted rise in GST for caffeinated drinks, while not providing due focuss on rate cuts for Room rents in hotels from INR 1000 to 7500 , Corporate Tax cuts …Abolition of Surcharge .. cuts on defense purchase for items not manufactured in India, Exemption of share buy back tax … In nut shell the industry is buoyant and affirmative with expectations of job and employment generation . This is all the more important given the challenge on revenue. Notable here urgent requirements for defense exist that can’t be postponed to tackle adventurism from any adversary.
My only humble expectation these benefits would incentivise our corporate sector to commit much more on inhouse R&D. This to propel India as hub of Contract R&D and our industry becones Technology Donors
not Tech Receivers, our future progeny can be working and be owning companies like Raytheon Lockheed Boeing Mitsubishi Toshiba . Vandemataram
This tax cut, a 3rd mini budget, is essentially an ice cream for the top 0.7% of the richest population in India. When they too find out it did not work for them either because of global situation, the 4th budget will be available by March of next year.