Friday, 20 September 2019

Sitharaman turns around many rules of business in one go

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Fri, Sep 20, 2019 | 04:26 PM IST

Daily Newsletter

Sitharaman turns around many rules of business in one go

The move puts India's tax rate on par with Asian peers and will boost efforts to attract investment.

D-Street spins Rs 7 lakh crore wealth in a day

Analysts said that the move should aid Nifty earnings per share (EPS)....

Corporate tax rate cut, the best reform so far

A lower rate --comparable with Asian peers -- and sans any exemptions, will make large Indian companies far more comp...

Budget gap seen widening to 4-year high on tax cuts

The median of the survey of seven economists showed fiscal deficit may rise to 3.9 per cent of GDP.

Taxing sugar for a fitter India
Policymakers can use tax on India's sugar products to nudge consumers into making healthy choices.
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On the move's likely impact on deficit impact, Sitharaman said the effect is being closely monitored....read more
Sensex regains Mt 38K; what does it mean for MFs? » 
Houston all set to welcome Modi for mega event » 
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Market Watch 20 Sep | 04:26PM|
SENSEX NIFTY USD/INR GOLD
38014.62
1921.15
11274.20
569.40
71.09
-0.25
37543.00
-143.00
MARKET NEWS
Corporate Tax cut likely to add 8% to Nifty EPS

The government has projected Rs 1.45 lakh crore in revenue losses to come from this move....

Effective tax outgo falls by 28% for biggies, 13% for smaller cos

Analysts say the tax cuts triggered huge short covering in top stocks....

Gainers Losers 20 Sep, 2019, 04:26PM IST, PTI|View All
Company Name Live Price Change (%) Volume High Low
Edelweiss Financial Services 124.75 19.15 818108 125.6 104.6
Ashok Leyland 69.25 18.68 8838036 70.1 57.75
NCC 60.55 17.23 3253211 61.0 50.95
ICICI Securities 271.65 17.07 63303 275.05 227.0
Bombay Burmah 1277.80 16.83 114138 1290.9 1086.1
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Some big MFs ready to give Essel promoters three more months to repay, others against it....

Tax sops may push electric vehicles: Tata Motors

Automaker plans to launch its first EV for personal buyers in fourth quarter this fiscal....

Companies keep off the cards table this Diwali

This year, several big playing card suppliers and manufacturers from different cities said sales are down up to 40% c...

Alia Bhatt swears by FDs, bonds; prefers land to gold

One of India's highest-paid celebrities says she has no one qualms about living on a budget....

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