The growth slowdown has been sharp, much worse than expected, and the recent drone attack on Saudi oil installation and the consequent worsening of the geo-political situation in West Asia has emerged as another headwind for the economy and markets.
Challenging environment calls for bold reforms. This was precisely what Finance Minister Nirmala Sitharaman delivered on September 20. The cut in corporate tax rates and MAT and the new manufacturing tax rate came as an unexpected shot in the arm for the economy and markets. Sensex and Nifty responded with spectacular rallies of 1921 and 529 points respectively – the best during the last 10 years.
This story is from the October 2019 edition of Destination Kerala.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the October 2019 edition of Destination Kerala.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
‘TAKE STEPS TO ATTRACT FDI INTO MARINE PRODUCTS SECTOR'
The India International Seafood Show held in Kochi after a gap of 12 years saw the participation of over 1,500 delegates, 50 of them from 12 foreign countries
‘MAKEOVER OF 50 ADVENTURE TOURISM CENTRES SOON'
Kerala Tourism Minister Kadakampally Surendran launches comprehensive safety and security regulations for the Adventure Tourism sector
‘INDIA'S HIGHER EDUCATION ASSUMES PRACTICAL DIMENSION'
Walter J Lindner, German Ambassador to India, was inaugurating Steag Centre for Smart City Technologies on the RSET’s campus
UNION BUDGET 2020: A MIXED BAG TO HELP REVIVE THE ECONOMY
Budget 2020-21 is built on three major themes of Aspirational India, Economic Development and Caring India
TAKE IPO ROUTE TO RAISE FUNDS, KRIS TELLS STARTUPS
Infosys Co-founder Kris Gopalakrishnan was inaugurating the fifth edition of ‘Seeding Kerala’, organised by the Kerala Startup Mission in Kochi
KERALA'S TOURISM SHOWPIECE AKKULAM LAKE TO BE REVIVED
The new project, worth Rs. 64.13 crore, primarily aims at cleaning the lake by employing various eco-friendly technologies
KERALA'S NOVEL EXPERIMENTS CONTINUE UNDER RT
Responsible Tourism is not a mere hollow ‘fashion statement’ for Kerala Tourism but a core value which guides the initiatives to take tourism activities to the grass-roots level, ensuring livelihood to local communities while offering wonderful experiential tourism products to the visitors, showcasing the ‘life on the move’. The success stories of Kerala’s RT initiatives, impressively sustainable and reassuringly inclusive, are drawing the attention of the entire world. Here, we present the unique RT experiments of God’s Own Country for our readers
ITB BERLIN A BIG DRAW EVEN AS DAMPERS GALORE
More than 10,000 organisations and companies from over 180 countries have booked up again this year for the world's premier travel show
INFORMED FACILITATORS OF MATERNITY WELLNESS
ILove9Months offers complete support to a woman in her journey to motherhood and after through its Apps and at-home services
GOVT. ENVISAGES ‘SPACE CITY' TAG FOR KERALA CAPITAL: CM
‘New Space – Opportunities and Way Forward’ was the theme of the international conclave on Space Technology, EDGE 2020 held in Thiruvananthapuram
