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Tuesday
March 2021
3:59 AM IST
News Headlines
CM flays Rahul''s silence over Cong govt falling in party-ruled states        Kerala has become ''fundamentalists'' own country'' under CPI(M) rule, says Sitharaman        COVID-19 crisis far from over; 3rd wave to be more dangerous: CSIR official        Army cancels recruitment exam after paper leaked        Rahul dubs PM Modi a ''formidable enemy,'' vows to defeat him        ISRO launches DRDO''s satellite Sindhu Netra        On National Science Day, Modi asks citizens to practise Lab to Land mantra        UN Human Rights Office says 18 killed in Myanmar crackdown        FDA authorizes Johnson & Johnson vaccine against Covid-19 for emergency use        ISL: Straight shootout for final playoff berth between Goa and Hyderabad        Comments against judges a disturbing new trend: Ravi Shankar Prasad        Syria airstrikes: President Biden protected US personnel, facilities, says White House        DGCA extends suspension of scheduled international passenger flights till February 28        Rahul launches tirade against Modi, talks about ''connect'' with Tamil Nadu        Fishing hartal hits coastal belt in Kerala        Five assembly polls to begin Mar 27, Bengal to have max 8 phases; counting on May 2        Vijayan claims Rahul shying away from attacking BJP        Kerala to test all returning expats using RT-PCR; 3,671 fresh COVID-19 cases, 14 deaths reported        Gelatin sticks, detonators seized from train passenger in Kerala        Hundreds of Nigerian schoolgirls taken in mass abduction        
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Business News
FM urges industry to unleash animal spirits; make India fastest growing economy
 
New Delhi, Feb 20: Finance Minister Nirmala Sitharaman on Saturday exhorted India Inc to unleash animal spirits and bring in fresh investment to make India one of the fastest growing economies of the world.

Speaking to industry leaders at an All India Management Association (AIMA) event, she said the government has taken several steps including reduction in corporate tax rate to facilitate investment.

"I would like now, to see private investors and private industry in India coming forward with that, so called animal spirits to show that it is possible for India (to be) one of the fastest growing economies," she said.

The expression animal spirits' was coined by celebrated economist John Maynard Keynes to refer to investors' confidence in taking action in terms of investment.

"We need capacities to be ramped up, we need expansion, we need more production of very many such products, which are so required for the economy," she said.

Post tax reduction, she said, "I have been waiting to see expansion happening, I've been waiting to see greater investments from private sector in India."

To revive growth, the government in September 2019 slashed corporate tax rate by almost 10 percentage points.


Comments against judges a disturbing new trend: Ravi Shankar Prasad
flydubai prepares for Boeing 737 MAX aircraft to rejoin its fleet
Bajaj Finance down 2.43 pc to Rs 5365.45
Bank, financial stocks power Sensex past 52k; Nifty tops 15,300
India's exports up 6.16 pc in Jan
M-cap of seven of top-10 most valuable firms jump over Rs 1.40 lakh cr
Petrol crosses Rs 99/litre in Rajasthan, diesel at Rs 91 as prices rise for 6th day
Petrol nears Rs 95 in Mumbai as rate hiked for fifth day in a row
Hero Electric creates new logistics arrangement for customers in eastern, north-eastern India
TCS to recruit 1,500 tech staff in UK
E-commerce grows by 36 per cent in last quarter in India: Report
Rupee rises 8 paise to 72.89 against US dollar in early trade
Sensex jumps over 200 pts; Nifty nears 15,200
JK Cement shares gain over 5 pc after Q3 earnings
Sensex rallies over 600 pts to hit record high; Nifty tops 15,100
Nabard disburses Rs 16,500 crore under RIDF in first 10 months of FY21
Economic growth will only move upwards: Shaktikanta Das
Gold declines for fourth consecutive trade; tumbles Rs 322
Coal India signs Rs 2,900 cr pact for procurement of dumpers
Mahatma Gandhi statue vandalised in California
KERALA NEWS
Kerala has become ''fundamentalists'' own country'' under CPI(M) rule, says Sitharaman
 Tripunithura(Ker): Union Finance Minister Nirmala Sitharaman on Sunday attacked the Kerala''s CPI(M)  
COVID-19 crisis far from over; 3rd wave to be more dangerous: CSIR official
Fishing hartal hits coastal belt in Kerala
Vijayan claims Rahul shying away from attacking BJP
INTERNATIONAL NEWS
UN Human Rights Office says 18 killed in Myanmar crackdown
 Yangon: Security forces in Myanmar opened fire and made mass arrests Sunday as they sought to break
FDA authorizes Johnson & Johnson vaccine against Covid-19 for emergency use
Syria airstrikes: President Biden protected US personnel, facilities, says White House
Hundreds of Nigerian schoolgirls taken in mass abduction
NATIONAL NEWS
Army cancels recruitment exam after paper leaked
 New Delhi: The Army has cancelled an examination for pan-India recruitment of general duty personnel
Rahul dubs PM Modi a ''formidable enemy,'' vows to defeat him
ISRO launches DRDO''s satellite Sindhu Netra
On National Science Day, Modi asks citizens to practise Lab to Land mantra
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