INDIA said on Friday (20) it would slash corporate taxes to among the lowest in Asia as part of its drive to kickstart the stuttering economy, sending the country's stock market surging as analysts predicted a renewal of interest in the region. Finance minister Nirmala Sitharaman said the main rate…
TAIWAN is pitching India as a potential business destination to its tech, auto, renewable energy, and farm sector firms as the US- China trade war has pushed its companies to look for newer markets, two officials said on Friday (20). More than 10,000 Taiwanese companies, including Apple suppliers Foxconn and…
INDIA'S aviation regulator has told airlines to crack down on the behaviour of flight crew after several videos on popular Chinese video app TikTok showed crew members singing and dancing while on duty, a senior official said. The warning from the watchdog comes after it found growing examples of social…
AMID the chanting of Buddhist prayers, Indian prime minister Narendra Modi and Mongolian president Khaltmaagiin Battulga on Friday (20) jointly unveiled a statue of Lord Buddha at the Gandan Monastery in Mongolia via video. The Mongolian president is on a five-day visit to India. The golden statue with Lord Buddha…
HAILING the reduction in corporate tax and other fiscal relief measures as "bold", policymakers on Friday said the government's decision has infused fresh energy into the industry and will boost economic growth. Commerce and Industry Minister Piyush Goyal thanked Finance Minister Nirmala Sitharaman for the announcements. "I would like to…
FORMER Indian minister Swami Chinmayanand was arrested on Friday for allegedly raping a law student and sent to 14 days judicial custody by a court in Uttar Pradesh's Shahjahanpur, police said. The BJP leader was arrested by the special investigation team (SIT) of UP police from his ashram here around…
AIR Chief Marshal BS Dhanoa on Friday credited the national leadership for getting back Wing Commander Abhinandan Varthaman in record time after his capture by Pakistan during a military confrontation in February. He also said the Indian Air Force (IAF) is ready for any military confrontation with Pakistan, but a…
HUMAN TOUCH is the duty of hospitals and they are required to implement it, said a Delhi state consumer commission while awarding Rs 200,000 as compensation to parents of a Delhi resident who died of medical negligence in 2003. The commission directed the hospital to pay compensation to the parents…
DOMESTIC equity benchmark BSE Sensex vaulted 1,921 points on Friday, fuelled by a slew of economy-boosting measures announced by Finance Minister Nirmala Sitharaman. Logging its biggest intra-day spike in over a decade, the 30-share index soared 2,284.55 points to a peak of 38,378.02, before settling 1,921.15 points or 5.32 per…
A DAY after reports of an unknown odour prompted rumours of a gas leak at a chemical fertiliser plant here, officials remained clueless on the issue, with no confirmation yet on where and how the development originated. A meeting of senior officials has been convened on Saturday (20) to discuss…