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Trump to unveil tax reform, cut corporate rate to 15%
The Trump administration is poised to unveil its long-awaited tax reform plan Wednesday that will slash corporate taxes to 15 percent, in the "biggest tax cut" in US history. -
1.1 billion identities exposed by cyber criminals in data breaches in 2016: Symantec
In a major breach of data across the globe, 1.1 billion identities were exposed by cyber criminals in 2016, as per a report by Symantec. The number is almost double that compared in 2015. -
Stent price capping will put patients in jeopardy: Experts
The government`s move to put a price cap on stents, which are used to open up blocked arteries, has drawn flak from the health experts, who believe this will block innovation and put patients in jeopardy.
-
60% people facing frequent call drops: DoT Survey
Nearly 60 percent people are still facing frequent call drops, with most of them experiencing problem indoors, found a survey by the Department of Telecom (DoT). -
UK should make India a trade priority post-Brexit: Report
Britain can make up for any export loss post-Brexit by building on under-developed links with countries like India and making it a priority in its trade negotiations, according to a report by a top UK-based think tank.
The post UK should make India a trade priority post-Brexit: Report appeared first on The Financial Express. -
Surge in FPI inflows into debt unlikely to sustain: Icra
The ongoing surge in foreign inflows into the debt market is unlikely to continue during the rest of fiscal 2018 due to geopolitical tension and the sharp rise in the rupee, warned a report today.The post Surge in FPI inflows into debt unlikely to sustain: Icra appeared first on The Financial Express. -
World Bank, DIPP discuss 'ease of doing biz' ranking
The commerce and industry ministry on Wednesday discussed with the World Bank officials its concerns over the methodology used for ranking countries in terms of ease of doing business. -
Axis Bank's Q4 net profit report decline of 43%
In its net profit for the fourth quarter (Q4) of Fiscal 2016-17, Axis Bank on Wednesday reported a decline of 43.13 per cent. -
Uber to now allow riders to see their ratings given by drivers
The cab aggregator firm Uber will now allow taxi riders to see the average rating given to them by drivers in order to make the system more transparent to both parties. -
SBI Card slashes fuel surcharge to 1%
SBI Card on Wednesday slashed surcharge on fuel to 1 percent from 2.5 percent. The company with 4 million customers has done in line with overall reduction affected by oil marketing companies to promote digital transactions. -
GIC Housing Finance Q4 net profit surges 24% to Rs 47 crore
GIC Housing Finance has reported a 24.4 percent increase in net profit at Rs 46.61 crore for the fourth quarter ended March 31. -
Bank credit demand inches up 5.5% in first fortnight of FY18
After plunging to an over six-decade low of 5.08 percent in fiscal 2017, bank credit inched up to 5.52 percent in the fortnight to April 14, according to the Reserve Bank data. -
Cyprus keen on boosting bilateral trade: Nicos Anastasiades
Within weeks of India taking Cyprus off its tax blacklist with retrospective effect from November 2013, President Nicos Anastasiades of the island nation today called for more bilateral trade and co-operation with it.
The post Cyprus keen on boosting bilateral trade: Nicos Anastasiades appeared first on The Financial Express. -
Arun Jaitley says no plan to tax farm income
India`s finance minister Arun Jaitley said on Wednesday that the government has no plans to tax agricultural income, a day after a senior economic adviser touched a political nerve by proposing farmers pay income tax like people in cities. -
Retail loans soar 17.7% in 2016, NPAs also move up: Report
Retail loans grew at a healthy 17.7 percent in 2016, but there was an increase in dud loans in the segment which has become a focus area for the lenders amid difficulties to grow corporate books, says a report. -
Exporters#39; demand govt support as rupee dents margins
Exporters#39; body FIEO today said the rupee appreciation during the last two months has negatively impacted the country#39;s exports, and demanded immediate support from the government. -
RBI to issue new Rs 5, 10 coins
The Reserve Bank will soon put into circulation new Rs 10 coins that have been minted to commemorate 125th year of National Archives of India. -
Temasek eyes to acquire 75% stake in Manipal Hospitals
Temasek eyes to acquire 75% stake in Manipal Hospitals -
PM Narendra Modi to launch UDAN air connectivity scheme on April 27
The central government on Wednesday said that Prime Minister Narendra Modi will launch the air regional connectivity scheme -- UDAN -- on April 27, Thursday, in Shimla. -
What are InvITs? Are we ready for it? Experts discuss
If you are looking for something long-term with a pretty decent return and the possibility of some upside, then Infrastructure Investment Trusts (InvITs) look interesting, said Shilpa Kumar, Managing Director and CEO, ICICI Securities -
Sebi clears new framework to deepen corporate bond market
Sebi on Monday approved a new framework for consolidation and reissuance of debt securities as part of its efforts to deepen the corporate bond market. -
Girders, Scherzer span on 100-year old Pamban bridge to be replaced in September
Work on replacing old girders and the Scherzer span on the over 100-year-old Pamban rail bridge here would begin in September and be completed within three months, a railways official said today.The post Girders, Scherzer span on 100-year old Pamban bridge to be replaced in September appeared first on The Financial Express. -
India's Rs 2,500 an hour aam aadmi flight takes off tomorrow
India's Rs 2,500 an hour aam aadmi flight takes off tomorrow -
Investors can buy mutual funds through digital wallets: Sebi
Investors will be permitted to purchase mutual funds worth up to Rs 50,000 through digital wallets with the market regulator Sebi today approving the proposal. -
Sebi gives final clearance to options in commodities
Sebi gives final clearance to options in commodities -
Tata Motors announces readiness of SCR, EGR technologies for BSIV compliant engines
Tata Motors have announced readiness of SCR (Selective Catalytic Reduction) and EGR (Exhaust Gas Recirculation) technologies for BSIV compliant engines, powering its range of commercial vehicles.EGR technology adopted by Tata Motors in 2010 will continue to power small-to-medium category of commercial vehicles with engine power requirements up to 180HP.EGR helps to reduce NOx emissions from the engine. -
Axis Bank reports 43% YoY drop in Q4 net at Rs 1,220 crore, but beats Street estimates
Axis Bank reports 43% YoY drop in Q4 net at Rs 1,220 crore, but beats Street estimates -
Policy to prefer locally-made goods in govt buying on anvil
The commerce and industry ministry is working on fixing the nuts and bolts of a policy to give preference to domestically manufactured goods in government procurement with a view to promoting Make in India. -
Sensex closes above 30,000 for first time ever; Rupee at 20-month high
The benchmark BSE Sensex closed up 0.63 percent at a record closing high of 30,133.35. -
Sensex scales Mt 30K for first time; BSE m-cap soars to Rs 125 lakh crore
Sensex scales Mt 30K for first time; BSE m-cap soars to Rs 125 lakh crore -
Asia Pacific’s energy, mining, utilities M&A jumps 3-fold in Q1
Asia Pacific's energy, mining and utilities (EMU) sector focused merger and acquisition jumped three fold in the first quarter this year, with Australia emerging as the most popular target, says a Mergermarket report.The post Asia Pacific’s energy, mining, utilities M&A jumps 3-fold in Q1 appeared first on The Financial Express. -
Indian companies boost post-Brexit growth in 2016 in UK: Report
As many as 800 Indian companies in the UK have generated 47.5 billion pounds in combined revenues last year and contributed significantly to post-Brexit Britain's economic growth, according to a new report. -
Trump sends Indian-American's name to Senate for 'IP czar'
President Donald Trump has sent to the Senate Indian-American Vishal J Amin's name to be the US' new Intellectual Property Enforcement Coordinator. -
India to play 'crucial role' in WhatsApp's business solutions
Messaging app WhatsApp is working on solutions to enable businesses to use its platform to connect with consumers and India will play a "crucial role" for the product, a company official said on Wednesday. -
PM underlines consolidated approach to complete infra projects
Prime Minister Narendra Modi has underlined the need for a consolidated approach and adherence to strict timelines with regard to completion of infrastructure projects as he reviewed progress of sectors like roads, railways, airports and digital. -
2G spectrum: Court reserves verdict in case involving A Raja, Kanimozhi for July 15
A Special court on Wednesday reserved verdict in 2G spectrum allocation case involving former Minister A Raja, DMK MP Kanimozhi and others, for July 15. -
Future technologies will reshape geopolitics: M. Hamid Ansari
Vice President M. Hamid Ansari on Wednesday said upcoming technologies like manufacturing of robotics and improved cost-efficiency in renewable energy will reshape geopolitics.
The post Future technologies will reshape geopolitics: M. Hamid Ansari appeared first on The Financial Express. -
China considers raising tariffs on sugar imports
China is considering special import duties on sugar as part of an anti-dumping probe, according to two people familiar with the matter, in what would be a win for domestic producers seeking help battling cheap imports from Brazil and other major growers. -
StanChart first-quarter profit doubles to $1 billion as bad loans fall
The bank is attempting to show investors it can return to growth, after a sweeping restructuring under Chief Executive Bill Winters succeeded in cutting costs but also slashed revenues. -
Bill Gates lauds Prime Minister Narendra Modi's Swachh Bharat mission
Microsoft founder and billionaire philanthropist Bill Gates has lauded Prime Minister Narendra Modi for his Swachh Bharat Abhiyaan. -
Setback to India: International panel rejects stay on Cairn arbitration
The panel, comprising three judges of international repute, has also turned down India’s application for bifurcation of the issue of whether tax is covered under India-UK bilateral investment protection treaty. -
Government has no plan to impose any tax on agriculture income: FM Jaitley
Jaitley said that as per the constitutional allocation of powers, the central government has no jurisdiction to impose tax on agricultural income. -
No plans to impose tax on agriculture income: Arun Jaitley
No plans to impose tax on agriculture income: Arun Jaitley -
Apple plans to use micro-LED in 2017 Apple Watch 3
Apple`s plans to replace OLED with micro-LED in 2017 Apple Watch 3 and iPhones has raised concerns in Samsung as Apple`s expected use of Samsung OLED screens for a new iPhone model this year may only be temporary. -
Strong Singapore March factory output points to Q1 GDP revision
Singapore's industrial production rose faster than expected in March from a year earlier, thanks to a continued surge in the electronics sector, data showed on Wednesday, pointing to a possible upward revision in the city-state's first quarter GDP.The post Strong Singapore March factory output points to Q1 GDP revision appeared first on The Financial Express. -
Fiat Chrysler, Google begin offering rides in self-driving cars
Fiat Chrysler and Google for the first time will offer rides to the public in the self-driving vehicles they are building under an expanding partnership. -
Asian stocks near 2-year high on US optimism, euro steady
Asian stocks extended gains for a fifth consecutive day on Wednesday, as renewed optimism about the world`s biggest economy brightened the outlook for risky assets while the euro held on to previous gains as political concerns in France ebbed. -
GST: Tax rate on services to come under two slabs
Finance minister Arun Jaitley is likely to limit the tax rate on services at 12 and and 18 percent. -
Azim Premji reappointed CMD of Wipro for two more years
Premji has been appointed chairman and managing director for a period of two years effective July 31, subject to member approval. Premji has been at the helm of Wipro since the late 1960s, and has turned a $2-million hydrogenated cooking fat company into an Indian IT powerhouse. -
MCD Election Results Impact: Sensex hits 30,000-mark; Nifty holds above 9,300
The benchmark BSE Sensex crossed 30,000-mark by climbing almost 100 points in early session on Wednesday as sentiments rose on the back of counting of votes showing BJP set for big win.
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