The government may cut the corporate tax rate to 25 per cent from the current 30 per cent well ahead of its previously announced deadline as part of a package of tax reforms.
Most investors seem to be optimistic about a strong rate hike by the end of December. Gold futures on Friday extended their losing streak to a seventh straight session, settling at their lowest level in more than three months after a better-than-anticipated jobs report made a...
India’s industrial output in September rose at 3.6 per cent compared with 6.3 per cent in August despite an increase in growth of index of eight core industries.
Our assumption that the three parties of the Grand Alliance wouldn’t be able to transfer their votes fully was wrong. Their alliance took 178 of the assembly’s 243 seats, compared with only 58 that went to the BJP and its allies in the National Democratic Alliance.
The stated reason for the closure was that the décor too closely resembled the American flag and the restaurant could be seen as an example of American influence on Iranian culture.
The company reported $1.95 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $2.09 by $0.14. The estimated revenue was of $2.33B. Evercore ISI lowered shares of Advance Auto Parts from a “buy” rating to a...
“I’m afraid the big picture is such that we are going to have more problems in the next year or two and being long most stocks or most investments is not going to be great”.
President Buhari was speaking at the Council Chambers of the Aso Rock Presidential Villa in Abuja shortly after swearing in 16 of the 18 newly appointed permanent secretaries.