Corporate profits

Decline in corporate profits continues in first quarter of 2017-18 due to GST

Another season of quarterly results ended with lackluster numbers from India Inc. Aggregate net income of 2,418 companies fell 8.63% in the first quarter of 2017-18, compared to the same period a year. latest. Destocking before the introduction of the goods and services tax (GST) is the main reason for the low figures. This was […]

Corporate profits

Trump praises corporate profits while seeking corporate tax cuts

WASHINGTON (Reuters) – US President Donald Trump sent a Twitter message on Tuesday bragging about the high profits of US companies under his presidency, prompting critics to say he was undermining Republican arguments for a tax cut for companies. As Republicans in Washington attempt to refocus on taxes after their failed campaign to repeal Obamacare, […]