Business Today

Will Nirmala Sitharaman's mid-term measures address the economic slowdown?

The repo-linked borrowing by banks will help the new borrowers, but it is unlikely to scale up in a big way

Sitharaman press conference: Govt withdraws higher surcharge on equity gains for both FPIs, domestic investors

Foreign investors pulled out Rs 8,319 crore on a net basis from capital markets in the first half of August, continuing their selling spree in the Indian market amid uncertainty over FPI tax and global trade worries.

Higher depreciation, reversal of ban on purchases, deferment of registration fee hike announced to boost auto sector

The hike in depreciation benefit will be valid for all vehicles bought between now and March 2020. It is expected to help clear the high inventory build up at dealerships across the country today

INX Media case: CBI sends letters rogatory to five nations

Chidambaram was questioned for few hours in CBI custody on Friday, where the questions specifically referred to FIPB approvals

Make efforts to bring down mobile tariffs further, TRAI tells telcos

The regulator argues that the new poverty line for rural areas is nearly Rs 32 and for urban areas Rs 47. But to access data, the minimum tariff plan costs Rs 49, which includes free voice, SMS and 1GB data every 28 days

 
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