Will it revive economy?

A series of measures was announced by the Finance Ministry that includes rollback of enhanced super-rich tax on foreign and domestic equity investors, exemption of start-ups from ‘angel tax’, a package to address distress in the auto sector and upfront infusion of Rs 70,000 crore to public sector banks, in efforts to boost economic growth from a five-year low. Continue Reading

Tough task ahead

The new Council of Ministers has 24 Cabinet ministers, nine Ministers of State with independent charge and 24 Ministers of State. There are a total of 24 new faces. Continue Reading