Business Today

Decoding Slowdown: Dip in household savings, investment an indicator of structural economic slowdown

The economic slowdown is structural as a sharp decline in household savings and investment since FY12 would indicate. This calls for a significant boost to capital expenditure by the government

S&P Global says Modi govt's corporate tax cut move 'credit negative', will widen fiscal deficit

The government slashed corporate taxes on Friday, giving a surprise $20.5 billion break aimed at reviving private investment and lifting growth from a six-year low that has caused job losses and fuelled discontent

GST Council meet: No relief for ailing auto sector; hotels, catering get breather

No relief was announced for the auto sector despite a huge demand for a rate cut. The GST Council had said that such a move would lead to huge revenue hit for the states as well as the Centre

GST Council lowers tax rate on hotel tariffs; gives relief to outdoor catering

Additionally, the GST Council has reportedly decided to increase the tax rate for caffeinated drinks to 28 per cent from 18 per cent. An additional 12 per cent cess would also be imposed on such beverages

GST Council meet: Soft drinks, caffeinated beverages to get more expensive

GST Council meet: On top of that 12 per cent of cess would be charged under the new Goods and Services Tax (GST) rules.


From The Magazine

Against The Odds

Women in leadership roles often have to spend a lot of time proving themselves. Equality at workplace is still a fair distance away