Economy

Effects Of Global Slowdown More Pronounced In India: IMF

Effects Of Global Slowdown More Pronounced In India: IMF

WASHINGTON – The largest emerging market economies like India are experiencing an even “more pronounced” effect of the global downturn, new IMF chief Kristalina Georgieva has said, warning that the global economy is witnessing “synchronized slowdown” which will result in slower growth for 90 per cent of the world this year. The Managing Director of […]

Big Bang Mini-Budget: Govt Slashes Corporate Tax Rate To 25.17%

Big Bang Mini-Budget: Govt Slashes Corporate Tax Rate To 25.17%

PANAJI –  In the biggest reduction in 28 years, the government on Friday slashed corporate tax by almost 10 percentage points as it looked to pull the economy out of a six-year low growth and a 45-year high unemployment rate by reviving private investments with a Rs 1.45-lakh crore tax break. Two-and-a-half-months after presenting her […]

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