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PTI
New Delhi, July 7, 2019
The government has lowered the fiscal deficit target to 3.3 per cent of the GDP as it is expecting net additional revenue of Rs 6,000 crore over the interim Budget estimates


Reuters
July 7, 2019
Samsung Electronics Co Ltd forecast a steep plunge in its second-quarter operating profit as the U.S.-China trade war wreaks havoc in global chip and smartphone markets, although one-off gains helped it beat analyst expectations


BusinessToday.In
New Delhi, July 6, 2019
Executive chairman Krishnakumar Natarajan, executive vice chairman & chief operating officer (COO) N S Parthasarathy, and managing director & chief executive officer Rostow Ravanan submitted their resignations as board members as well as employees of the company


Reuters
New Delhi, July 6, 2019
Finance Minister Nirmala Sitharaman stuck to the government borrowing target announced in an interim budget in February and cut the fiscal deficit target to 3.3% of gross domestic product for the current year ending March 31, 2020, from an earlier, upwardly revised target of 3.4%


Rajeev Dubey
New Delhi, July 5, 2019
It's another question how the government will spend Rs 20 lakh crore per annum on infrastructure alone when its annual earning is around Rs 20 lakh crore.


Dipak Mondal
New Delhi, July 5, 2019
In the post-Budget interaction with the media, Finance Minister Nirmala Sitharaman elaborated on key Budget announcements from Rs-2 cess on petrol and diesel, 2 per cent TDS on cash withdrawal over Rs 1 crore in a year, fiscal deficit, corporate rate reduction to divestment


PTI
New Delhi, July 5, 2019
In keeping with the government's promise of phased reduction of corporate tax, the Budget 2019-20 widened the benefit of lower corporate tax of 25 per cent to companies with annual turnover of up to Rs 400 crore


PTI
July 5, 2019
The rupee pared early losses Friday to settle 8 paise higher at 68.42 against the US dollar as market participants said fiscal deficit and gross borrowings announced in the budget were broadly in-line with expectations.


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Rukmini Rao
Mumbai, July 3, 2019
After the hostile takeover by L&T, a management change and a board are rejig are likely to happen at Mindtree. A merger between the two companies is eminent too, in mid-term if not in near future.


BusinessToday.In
July 3, 2019
Union Budget 2019: The simplest way to achieve government's revenue target is to hike taxes on liquor further this year. Alcohol is one of the top three revenue sources for the government


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