He had served as the finance minister during Bhupinder Singh Hooda’s term. read more

India’s economic growth is expected to recover in the last two quarters of the current financial year since consumer demand is expected to pick up during the festive season, the finance minister added. read more

The Finance Minister also said that micro-finance units at the meeting have vouched for growth and are extending loans. read more

The finance minister on Friday announced the reduction of the corporate tax rate for domestic manufacturing companies from 30% to 22% and for new manufacturing firms from 25% to 15% in a measure aimed at reviving growth in the country’s slowing econ... read more

Though equity markets welcomed the move, bond yields spiked to a near three-month high on speculation the government may have to borrow more to meet its spending needs. read more

The government’s reformist measures are positive. Keep at it read more

Presently, hashtags #Sensex and #CorporateTax are trending on Twitter and some people are reacting in the most creative way possible. read more

The bull market led the market capitalisation of the BSE-listed companies to soar Rs 6,82,938.6 crore to Rs 1,45,37,378.01 crore in single day. read more

This move also indicates that the government is adopting a tax stimulus route rather than using higher government spending route to help the recovery process of the economy, Kirloskar added. read more

Finance minister Nirmala Sitharaman had last month announced a mega merger of 10 state-run banks into four large behemoths. The move is aimed at unleashing the latent strength of the banking sector. read more

In the first of a series of tweets, Nirmala Sitharaman justified her presence at the event that had given rise to speculation about more steps to support growth. read more

Here are today’s top news, analysis and opinion curated for you at 1 PM. Know all about the latest news and other news updates from Hindustan Times. read more

Sitharaman said the government will contribute ~10,000 crore in setting up a special window to provide last-mile funding for unfinished housing projects that haven’t turned into non-performing assets (NPAs) and are not facing proceedings at the National... read more

The Congress maintained that after the earlier announcements of stimulus package, the situation deteriorated and the new steps are not going to help. read more

Finance minister Nirmala Sitharaman said the government will contribute Rs 10,000 crore in setting up a special window “to provide last mile funding for housing projects which are non-NPA [non-performing asset] and non-NCLT [National Company Law Tribunal]... read more