In Corporate Tax Rate Cut, A 1.4 Lakh Crore Boost To Promote Growth
Business | Shruti Srivastava, Bloomberg | Friday September 20, 2019
India cut tax on local businesses to one of the lowest rates in Asia, while providing a more than $20 billion boost to revive economic growth from a six-year low.
Government's Rs 70,000-Crore Stimulus No "Game Changer", Say Some Economists
Business | Siddhartha Singh and Shruti Srivastava, Bloomberg | Monday September 16, 2019
On Saturday, Finance Minister Nirmala Sitharaman said the tax refund program for exporters from January 1 will cost the government Rs 50,000 crore ($7 billion) in revenue annually.
Daunting Odds As India Targets $1 Trillion In Exports In 5 Years
Business | Shruti Srivastava, Bloomberg | Friday September 13, 2019
Achieving that export goal is key to making India a $5 trillion economy, Commerce Minister Piyush Goyal said.
Gold Tax Hike Fuels Smuggling Fears; May Hit Festival, Wedding Season
India News | Swansy Afonso and Shruti Srivastava, Bloomberg | Friday July 5, 2019
India, the world's biggest consumer of gold after China, increased the import tax on the precious metal for the first time since 2013, spurring domestic prices to a record. Shares of jewelers slumped.
Gold Tax Hike Fuels Smuggling Fears; May Hit Festival, Wedding Season
Business | Swansy Afonso and Shruti Srivastava, Bloomberg | Friday July 5, 2019
The import tax on gold and other precious metals will be raised to 12.5 per cent from 10 per cent, Finance Minister Nirmala Sitharaman said
Amid Trade War Between US, China, India Finds An Opportunity: Report
Business | Shruti Srivastava, Bloomberg | Tuesday June 25, 2019
Economies, including Vietnam and Malaysia, have benefited from businesses trying to sidestep tariffs, while India has largely missed out on any investment gains.
Income Tax Bar May Be Raised In Budget To Revive Economy: Report
Business | Vrishti Beniwal and Shruti Srivastava, Bloomberg | Thursday June 27, 2019
Any tax exemptions will add stimulus to an economy that's slowed sharply this year, with growth reaching a five-year low of 5.8 per cent in the first three months of the year.
Exams For Company Directors In PM Modi's Corporate Clean-Up Plan
India News | Shruti Srivastava, Bloomberg | Wednesday June 12, 2019
Narendra Modi, who recently won a second term as India's prime minister, is looking to overhaul the nation's corporate governance system that allowed a string of frauds to mar his first stint in office.
India May Go For Negotiations, Not Retaliation, After Trump Trade Move
India News | Archana Chaudhary and Shruti Srivastava, Bloomberg | Tuesday June 4, 2019
India plans to return to the negotiating table after President Donald Trump terminated a trade concession, which allowed the country to export almost 2,000 products to the U.S. duty-free, people with knowledge of the matter said.
Private Jets Booked Up Across India To Give PM's Campaign Edge: Report
India News | Anurag Kotoky, Shruti Srivastava, Bloomberg | Tuesday April 16, 2019
India's vast and chaotic election is being fought in the skies with private jets and helicopters. Ask Amit Shah. The president of the Bharatiya Janata Party flew the length and breadth of the country on April 6 to give interviews and attend about half a dozen election rallies.
The Women's Quota Twist: 2 Parties Set A Trend For National Polls
India News | Shruti Srivastava, Bloomberg | Wednesday March 27, 2019
India's regional parties have done what two decades of governments in New Delhi could not -- instituted a quota system to lift more women into parliament.
China Seeks Talks With India To Push Asia Trade Pact: Report
Business | Shruti Srivastava, Bloomberg | Tuesday January 1, 2019
India's imports from China have been rising for a while with the deficit reaching $55.6 billion in 2017 compared to $48.19 billion in 2015.
New Government Rules For Amazon, Walmart Seen To Hurt Online Shoppers
India News | Nupur Acharya and Shruti Srivastava, Bloomberg | Friday December 28, 2018
The government's new rules for foreign e-commerce platforms may be designed to protect local companies from Amazon and Walmart, but consumers are likely to suffer the collateral damage. Online marketplaces must treat all vendors equally by providing the same terms.
Government Considering Outright Sale Of Crisis-Hit IL&FS: Report
Business | Shruti Srivastava, Bloomberg | Tuesday October 30, 2018
The government is examining options including an outright sale of Infrastructure Leasing & Financial Services Ltd., a person with knowledge of the matter said, amid attempts to stem defaults at the lender with $12.6 billion of debt.
Government Planning Trade Deal To Boost Exports To China: Report
Business | Shruti Srivastava, Bloomberg | Wednesday October 24, 2018
An analysis by Prime Minister Narendra Modi's administration shows that Southeast Asian nations, Australia, and South Korea among others have competitive advantage over India due to free trade agreements with China.
In Corporate Tax Rate Cut, A 1.4 Lakh Crore Boost To Promote Growth
Business | Shruti Srivastava, Bloomberg | Friday September 20, 2019
India cut tax on local businesses to one of the lowest rates in Asia, while providing a more than $20 billion boost to revive economic growth from a six-year low.
Government's Rs 70,000-Crore Stimulus No "Game Changer", Say Some Economists
Business | Siddhartha Singh and Shruti Srivastava, Bloomberg | Monday September 16, 2019
On Saturday, Finance Minister Nirmala Sitharaman said the tax refund program for exporters from January 1 will cost the government Rs 50,000 crore ($7 billion) in revenue annually.
Daunting Odds As India Targets $1 Trillion In Exports In 5 Years
Business | Shruti Srivastava, Bloomberg | Friday September 13, 2019
Achieving that export goal is key to making India a $5 trillion economy, Commerce Minister Piyush Goyal said.
Gold Tax Hike Fuels Smuggling Fears; May Hit Festival, Wedding Season
India News | Swansy Afonso and Shruti Srivastava, Bloomberg | Friday July 5, 2019
India, the world's biggest consumer of gold after China, increased the import tax on the precious metal for the first time since 2013, spurring domestic prices to a record. Shares of jewelers slumped.
Gold Tax Hike Fuels Smuggling Fears; May Hit Festival, Wedding Season
Business | Swansy Afonso and Shruti Srivastava, Bloomberg | Friday July 5, 2019
The import tax on gold and other precious metals will be raised to 12.5 per cent from 10 per cent, Finance Minister Nirmala Sitharaman said
Amid Trade War Between US, China, India Finds An Opportunity: Report
Business | Shruti Srivastava, Bloomberg | Tuesday June 25, 2019
Economies, including Vietnam and Malaysia, have benefited from businesses trying to sidestep tariffs, while India has largely missed out on any investment gains.
Income Tax Bar May Be Raised In Budget To Revive Economy: Report
Business | Vrishti Beniwal and Shruti Srivastava, Bloomberg | Thursday June 27, 2019
Any tax exemptions will add stimulus to an economy that's slowed sharply this year, with growth reaching a five-year low of 5.8 per cent in the first three months of the year.
Exams For Company Directors In PM Modi's Corporate Clean-Up Plan
India News | Shruti Srivastava, Bloomberg | Wednesday June 12, 2019
Narendra Modi, who recently won a second term as India's prime minister, is looking to overhaul the nation's corporate governance system that allowed a string of frauds to mar his first stint in office.
India May Go For Negotiations, Not Retaliation, After Trump Trade Move
India News | Archana Chaudhary and Shruti Srivastava, Bloomberg | Tuesday June 4, 2019
India plans to return to the negotiating table after President Donald Trump terminated a trade concession, which allowed the country to export almost 2,000 products to the U.S. duty-free, people with knowledge of the matter said.
Private Jets Booked Up Across India To Give PM's Campaign Edge: Report
India News | Anurag Kotoky, Shruti Srivastava, Bloomberg | Tuesday April 16, 2019
India's vast and chaotic election is being fought in the skies with private jets and helicopters. Ask Amit Shah. The president of the Bharatiya Janata Party flew the length and breadth of the country on April 6 to give interviews and attend about half a dozen election rallies.
The Women's Quota Twist: 2 Parties Set A Trend For National Polls
India News | Shruti Srivastava, Bloomberg | Wednesday March 27, 2019
India's regional parties have done what two decades of governments in New Delhi could not -- instituted a quota system to lift more women into parliament.
China Seeks Talks With India To Push Asia Trade Pact: Report
Business | Shruti Srivastava, Bloomberg | Tuesday January 1, 2019
India's imports from China have been rising for a while with the deficit reaching $55.6 billion in 2017 compared to $48.19 billion in 2015.
New Government Rules For Amazon, Walmart Seen To Hurt Online Shoppers
India News | Nupur Acharya and Shruti Srivastava, Bloomberg | Friday December 28, 2018
The government's new rules for foreign e-commerce platforms may be designed to protect local companies from Amazon and Walmart, but consumers are likely to suffer the collateral damage. Online marketplaces must treat all vendors equally by providing the same terms.
Government Considering Outright Sale Of Crisis-Hit IL&FS: Report
Business | Shruti Srivastava, Bloomberg | Tuesday October 30, 2018
The government is examining options including an outright sale of Infrastructure Leasing & Financial Services Ltd., a person with knowledge of the matter said, amid attempts to stem defaults at the lender with $12.6 billion of debt.
Government Planning Trade Deal To Boost Exports To China: Report
Business | Shruti Srivastava, Bloomberg | Wednesday October 24, 2018
An analysis by Prime Minister Narendra Modi's administration shows that Southeast Asian nations, Australia, and South Korea among others have competitive advantage over India due to free trade agreements with China.
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