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Thursday, November 28, 2019

Why an income tax cut may not help during a slowdown

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THE ECONOMIC TIMES
Thu, Nov 28, 2019 | 04:56 PM IST

Daily Newsletter

India's economy seen growing at 4.7% in Q2

The median of a poll of economists showed annual growth in gross domestic product of 4.7% in the quarter, down from 5.0% in the previous three months and 7% for the corresponding period of 2018. Economic growth could dip to around 4% in the September quarter, two domestic television channels said on Wednesday, citing government sources.

Why an income tax cut may not help during a slump

There is no certainty of an income tax cut translating into more spending on part of the consumers....

RIL first Indian company to hit Rs 10L crore market cap

It took a little more than a month for the firm to add another Rs 1 lakh crore to its valuation....

The law that changed the H-1B scene forever

The going has been tough for techies working on IT projects onsite, especially since April 2017.

Canada's banks stay robust in tough times
Canadian lenders clock robust profits and have negligible NPAs. Lessons for India.
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India, Germany to collaborate on Mumbai Metro and solar energy projects: German official
India and Germany will collaborate on Mumbai Metro and solar energy projects as part of a bilateral cooperation in energy and urban development sectors
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Can telcos charge for 'free' video services? Can telcos charge for 'free' video services?
Regulator Trai is taking a serious view of the free subscription offers to movie and music streaming services and man...read more
India's first underwater drone finds many takers » 
Why should you build an emergency fund? » 
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Real-time power market likely to be reality by April 1: CERC Chairman P K Pujari

Real-time power market is expected to kick in from April 1 next year, CERC Chairman PK Pujari said.

India to be second largest Mutual Fund market in Asia in 3 years India to be second largest Mutual Fund market in Asia in 3 years...
Paul Lorentz, Global CEO, Manulife
Market Watch 28 Nov | 04:56PM|
SENSEX NIFTY USD/INR GOLD
41130.17
109.56
12151.15
50.45
71.64
0.29
37688.00
163.00
MARKET NEWS
Lonely at the top! What powered RIL's trail-blazing journey in last 30 years

Investors have reposed immense trust in RIL's vision, helping valuation climb 60,742% since '91....

The Indian rupee is getting crushed by its own central bank

The RBI bought has about $18 billion of foreign exchange since the end of September....

Gainers Losers 28 Nov, 2019, 04:56PM IST, PTI|View All
Company Name Live Price Change (%) Volume High Low
Indiabulls Housing Finance Ltd 334.20 24.65 10971945 347.65 272.45
Bharti Infratel Ltd 256.50 13.85 1575587 260.3 226.1
Vodafone Idea 6.62 12.39 68108827 6.82 5.9
IIFL Finance Ltd 170.70 11.61 174471 179.1 152.8
Union Bank of India 64.80 10.39 1889505 65.45 58.85
MORE LINKS:Gainers|Losers|Movers|Only Buyers|Only Sellers|Surging Volumes|Indices
FEATURED SLIDESHOW
End of the line: CEOs who quit their jobs
End of the line: CEOs who quit their jobs
Uddhav Thackeray: The reluctant politician
Uddhav Thackeray: The reluctant politician
How one man found his way around Indonesia's traffic woes
How one man found his way around Indonesia's traffic woes
Kung fu nuns: Tibetan Buddhist nuns from Nepal battle gender stereotypes
Kung fu nuns: Tibetan Buddhist nuns from Nepal battle gender stereotypes
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FROM THE NEWSPAPER
Author of the Aadhaar story humbled by global recognition

The journey wasn't easy and faced obstacles, including legal challenges that went up to the Supreme Court....

Cap soon on what Ola, Uber earn from rides

This is the first time govt wants to regulate commission collected by such cos, which currently stands at 20%....

Telecom companies all set to raise tariffs

A 10% increase in realisations from subscribers may yield about Rs 35,000 crore in revenue over three years....

KKR is betting big on India's green future

KKR is in advanced talks to buy the solar portfolio of Shapoorji Pallonji Group for Rs 1,500-1,750 crore. ...

FMCG firms go on a talent hunt at top campuses

Top FMCG players are apparently going strong on campus placement. Biggies such as Hindustan Unilever (HUL), ITC, Mari...

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