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    Friday, September 20, 2019

    Sitharaman turns around many rules of business in one go

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    THE ECONOMIC TIMES
    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
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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

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