Friday, March 29, 2024

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economic reforms

Modi’s big bang tax cuts : Why a second term for Modi was absolutely critical

With the tax cuts announced yesterday by Modi government, India’s corporate tax rate on manufacturers is now among the lowest in the world, comparable or even lower than business paradise destinations like Hong Kong or Singapore.

Congress stages protest outside the residence of FM Nirmala Sitharaman while she attends GST council meeting in Goa

So confounded are the Congress leaders by this decision that they decided to stage a protest outside residence of Nirmala Sitharaman while she is away for an important meeting of GST council in Goa.

Biggest ever gain in Sensex and Nifty in a decade after Modi govt’s announcements slashing tax rates for corporates

The Sensex and Nifty saw a historic biggest gain in a single day in a decade following the announcement made by FM Nirmala Sitharaman

Mega shopping festivals to taxation incentives, FM Nirmala Sitharaman announces comprehensive measures to boost export and housing sector

Announcing measures to boost growth in export and housing sector, Nirmala Sitharaman has expressed optimism saying that the signs of economic revival are very encouraging

Laying a perfect economic foundation for Modi Sarkar 2

India remains the fastest growing major economy in the world with an annual average GDP growth during the last five years higher than the growth achieved by any Government since economic reforms began in 1991.

PM Modi to receive the prestigious Seoul Peace Prize during his two-day South Korea visit

PM Modi to e conferred prestigious Seoul Peace Prize, for his contribution towards world peace and cooperation.

World Bank says India to retain status as fastest growing economy, 7.5% growth predicted for 2019

India's GDP is expected to grow at a rate of 7.5% in the 2019-20 financial year.

59-minute loan approval scheme has approved loans of 1.12 lakh MSME applicants in less than 2 months

Bank of Baroda and Union Bank of India are leading among the banks with loans sanctioned by them amounting to 43% of the total amount sanctioned.

More than 1 lakh companies removed from the Registrar of Companies for not doing any business for two years

Companies without any business for two years are deleted from the register of companies

Measures adopted by the Modi government paying off, the recovery against NPAs has doubled for public sector banks

As revealed under the Asset Quality Review (AQR), the NPAs have been piling up since 2008, during the tenure of the UPA government.

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