in-the-press

MARKING THE HEADLINES

Scroll Down

Markets may see multiple re-ratings on govt’s boosters: Experts

Mint, Sep 20, 2019

• According to analysts, the effective corporate tax rate reducing to 25.17% will improve profitability of full tax-paying companies • This will lead to change in return on equity and multiple re-rating Topics Market RatingSensexNifty Finance Minister Nirmala Sitharaman’s big bang announcements on cutting corporate tax rate to 22% and a 15% rate for new…

Read More

Fantastic Friday: Sensex Surges Over 2,000 Points, Investors Wealth Grows By Over Rs 6.63 Lakh Crore

Finapolis, Sep 20, 2019

It was a blockbuster day, the best in a decade, for the domestic equities as bulls took over the market. In what can be called a ‘Fantastic Friday’, Sensex and Nifty logged their biggest single day gains after finance minister Nirmala Sitharaman unleashed a surgical strike on negative sentiments in the economy by slashing corporate…

Read More

Expert Views: India cuts corporate tax rate to 25% in bid to revive growth

REUTERS, Sep 20, 2019

(Reuters) – India’s government on Friday slashed corporate taxes in a surprise $20.5 billion break aimed at reviving private investment, seeking to lift growth from a six-year low that has sapped jobs and fuelled discontent in the countryside. Finance Minister Nirmala Sitharaman told a news conference that the effective corporate tax rate will be lowered…

Read More

Crude oil throws a spanner into the economic recovery works

Financial Express, Sep 18, 2019

Equity research analysts appear to be finding cheer at mid-cap companies, that isn’t readily apparent to the macro investor community. The forward P/E ratio for mid-caps has declined below its long term average, while the forward P/E ratio for large caps remains above its average. On a trailing basis, the measure remains in neutral territory….

Read More
Top