Business

In the biggest reduction in 28 years, the government in September last year slashed corporate tax rates by up to 10 percentage points to attract private investment and push sagging economic growth.

In e-mail interactions with PTI, leading industry players said that their employees deployed to manage these facilities are acting as frontline warriors during this pandemic.

Gold prices have gained more than 11% so far this year as central banks across the globe cut interest rates and unveiled massive stimulus to support the coronavirus-damaged economy.

This will be the eighth investment in RIL in quick succession following those by social media giant Facebook, Abu Dhabi-based sovereign fund Mubadala, Vista Equity Partners, KKR & Co Inc, General Atlantic and twice by American equity giant Silver lake.

Kotak said the sequencing of reforms in the current environment is critical, especially in the area of divestment.

Revenues during the three months to March 2020 grew to Rs 5,122 crore, from Rs 5,050 crore in the corresponding period of 2018-19.

During the last fiscal, the company saw a sharp decline in its standalone total income to Rs 786.24 crore, as against Rs 4,709.48 crore in the year-ago fiscal.

For the full 2019-20 fiscal year, the company reported an increase in its consolidated net profit to Rs 456.6 crore from Rs 410.2 crore in the previous year.

India, the world's third-biggest oil consumer, imports about 84% of its oil requirements.

India's 10-week lockdown has also led to a surge in demand for data, boosting Jio's phone and broadband offerings.

Simpson has an extensive experience of over 20 years in the pharmaceutical industry, across functions such as marketing, strategic planning, sales management, new product planning and access,.

The NGT said that safety of citizens and environment is of prime concern and any economic or industrial activity, however necessary, has to be consistent with it.

The arrival of mangoes from the southern and western India has started, while the season in the northern states like Uttar Pradesh will begin from mid-June onwards.

PM Modi said intent, inclusion, investment, infrastructure and innovation are crucial for India to revert back to a high-growth trajectory.

The minister also advised the firms to bring to his notice if the companies face any roadblock or unfair competition in a country, with which India has a free trade agreement (FTA).

The department has revised the I-T return forms for the financial year 2019-20 to allow assessees to avail benefits of various timeline extension granted by the government following the COVID-19 outbreak.