Author: DA Correspondent

Need robust global cooperation to fight cross-border tax evasion, avoidance: FM

Govt slashes corporate tax rates to boost economy, investments

12:16 pm September 20, 2019

The government on Friday slashed the income tax rate for companies (corporate tax) by almost 10 percentage points to 25.17 per cent and offered a lower rate to 17.01 per cent for new manufacturing firms to boost economic growth rate from a six-year low by incentivising investments to help create jobs. Finance Minister Nirmala Sitharaman […]

US fines Hyundai USD 47 mn over dirty diesel engines

11:03 pm September 19, 2019

Washington: South Korean automaker Hyundai will pay a USD 47 million fine for illegally importing and selling dirty diesel engines in violation of American environmental rules, US authorities announced Thursday. Between 2012 and 2015, the company imported nearly 2,300 diesel-powered heavy construction vehicles with engines that did not meet US emissions standards, the US Justice […]

BJP Mehrauli district chief Azad Singh on Thursday allegedly assaulted his wife, an ex-South Delhi mayor

Delhi BJP leader allegedly assaults wife, a former mayor, at party office

10:56 pm September 19, 2019

New Delhi: In an embarrassment to the BJP, its Mehrauli district chief Azad Singh on Thursday allegedly assaulted his wife, an ex-South Delhi mayor, at the party’s Delhi office, right after a poll-preparedness meeting with senior leader Prakash Javadekar, sources said. Party leaders said the two have been involved in a marital discord and Singh […]

Heavy rains wreak havoc in Houston ahead of "Howdy Modi" mega event

Trump hints at some announcement at ‘Howdy Modi’ event in Houston

9:31 pm September 19, 2019

Washington: US President Donald Trump has hinted that there “could be” some announcement by him at the mega “Howdy Modi!” event in Houston on Sunday, where he would join Prime Minister Narendra Modi in addressing the 50,000-strong Indian diaspora. The White House on Monday announced that Trump would join Modi at the mega Houston rally […]

CMS holds Global Interfaith Convention to promote communal harmony

Mortgage rates boosted US home sales 1.3% in August

9:23 pm September 19, 2019

WASHINGTON: U.S. home sales rose 1.3% in August to the highest level in 17 months, as mortgage rates near historic lows have spurred a rush of home-buying. The National Association of Realtors said Thursday that homes sold last month at a seasonally adjusted annualized rate of 5.49 million units, the best performance since March 2018. […]