Corporate tax cut: Kiran Mazumdar Shaw said that the move will revive growth and investment, while Uday Kotak called it a bold and progressive step forward.

The benchmark Sensex spiked over 5 per cent, 2,256 points to 38,349, after the FM Sitharaman slashed basic corporate tax rate to 22 per cent from 30 per cent while for new manufacturing companies it has been cut down to 15 per cent from 25 per cent.

There are factors pulling down the growth and there are opportunities available, and if we garb those opportunities, we can get out of any challenge, says the RBI Governor

Shaktikanta Das refused to share the RBI's revised growth projection, stating that it will go public with the revised numbers at the next monetary policy announcement on October 4

Denting safe-haven appeal for gold, Saudi Arabia sought to reassure markets after the attack on Saturday halved its crude oil output, saying full production would be restored by the month's end.

The government announced a slew of measures in three dosages which include a special window for real estate, export incentives, bank consolidation and sops for micro, small and medium enterprises (MSMEs) and the automobile sector

While equity market losses have not been large, shaky investor confidence continued to support safe-haven assets. Gold edged higher and Treasury prices rose on Tuesday

The signs of economic slowdown were visible as early as February, and the narrative was very clear, said Shaktikanta Das, adding that the RBI was looking at ways to improve its forecasting methods

The hefty discounts come amid an unprecedented slump in the auto sector. Sale of automobiles crashed by 23.5 per cent to 18,21,490 units in August, the worst ever decline in a month on a year-on-year basis since 1997-98

To find the accurate life insurance cover, experts suggest finding out Human Life Value (HLV) considering all aspects of the earning person and dependents

Overall inflation in the food basket, measured on the basis of consumer food price index (CFPI), rose to 2.99 per cent in August 2019, in comparison to 2.36 per cent during the previous month