Will Finance minister act quickly?

The RBI did its part by lowering interest rates recently and has been nudging banks to pass on the rate cut benefits to industry.

Need to examine various issues on 35 pc minimum public shareholding plan: Sebi chief

Currently, listed companies should have at least 25 per cent public shareholding.

This is the 2nd meeting in a series of meetings to be held with tax officials and taxpayers across various cities over the next few weeks.

The ministry has decided to hold meetings of tax administrators across various Tier II cities in the country.

Corporate tax rate for companies with over Rs 400 crore turnover will be gradually cut to 25 pc, said FM Nirmala Sitharaman.

The panel suggested that the pay matrix can be reviewed periodically without waiting for 10 years for another pay commission’s recommendations.

Earlier on Friday, Defence Minister Rajnath Singh had said that India follows 'no first use' policy regarding nuclear weapons.

Yediyurappa said on Wednesday at a meeting with industrialists and corporates.

There are expectations that the government would come out with sector-specific stimulus sometime soon.

It will be interesting to see what solution or incentives finance minister Nirmala Sitharaman offers to give a fillip to the industry.