Maharashtra

Corp tax cut credit positive, raises fiscal risks: Moody’s

Mumbai,  Corporate tax reduction is credit positive for companies but increases the government’s fiscal risks, global rating agency Moody’s said on Saturday. On September 20, Finance minister Nirmala Sitharaman announced a reduction in the base corporate tax rate to 22% …

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Historic trade session ends with Sensex gaining 1,921 pts

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Mumbai,  Sensex closed Friday’s session with an unprecedented 5.32 per cent advance as Finance Minister Nirmala Sitharaman announced yet another big ticket announcement to kickstart the economy. Indian benchmark indices logged the biggest-ever gains in over 10 years as the …

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NCP accuses PM of twisting Pawar’s Pak remarks

2019 Polls may throw up hung Parliament: Sharad Pawar

Mumbai, The Nationalist Congress Party has accused Prime Minister Narendra Modi of twisting party chief Sharad Pawar’s recent comments on Pakistan, at his Nashik rally on Thursday. “Modi should prove that Pawar had praised the rulers of Pakistan. The video …

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Volatile oil prices potential risk to CAD: RBI Governor

Mumbai,  Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday said global slowdown, trade and geopolitical tensions currently pose major downside risks for the Indian economy, while volatile crude prices also have the potential to increase the country’s current …

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Endangered crocodile smuggling gang busted in Mumbai

Mumbai,  In a first for them, the Thane forest department has busted a gang of crocodile smugglers from Hyderabad and seized two live endangered baby crocodiles, an official said here on Tuesday. Following a tip-off, the unprecedented operation was carried …

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Oil shock: Sensex loses 642 points, auto, banks worst hit

Mumbai,  Indian equities plunged on Tuesday after the weekend attacks on Saudi Arabias oil facilities resulted in the suspension of nearly 6 per cent of the worlds crude production, sending shock waves across global financial markets. Heightened nervousness was evident …

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Samuel L. Jackson lost six relatives to Alzheimer’s

Los Angeles, Actor Samuel L. Jackson has said that Alzheimer’s disease has ravaged his family. The actor has lent his support to a campaign to battle misconception that dementia is an inevitability of old age, reports “dailymail.co.uk”. He recalled that …

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Gwyneth Paltrow draws feminist ire over nude pic to promote brand

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Los Angeles,  Gwyneth Paltrow has drawn the ire of angry feminists for posting a photograph of a nude woman to promote her lifestyle company, Goop. The picture was posted by Paltrow posted on the official Instagram account of the actress’ …

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Banks’ 2018-19 savings deposits up at Rs 39.72 lakh cr: RBI

Protecting depositors, taxpayers is public interest RBI

Mumbai,  Indian private and public sector banks (PSBs) had aggregate savings deposits of Rs 39.72 lakh crore as on March 31, 2019, while foreign banks had a share of Rs 58,630 crore, according to RBI data published in the Handbook …

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BJP objects to milk, chicken from same outlet in MP

Bhopal,  The Madhya Pradesh government’s new project to sell milk and chicken from the same outlet has snowballed into a big controversy here with the opposition BJP slamming the move saying it hurts the religious sentiments of Hindus. The Kamal …

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