Finance Minister made a surprise announcement on Friday about reducing corporate tax to 25.17 percent.

Corporate Tax Reduction is a major step in the right direction for Indian economy. This will not only boost popularity of Narendra Modi but will help business and economy in general.

Indian government has taken a major step towards helping the economy with reduction in corporate tax rate.

Indian markets have witnessed strong decline during today's trading session. Market research and outlook by Epic Research.

Indian public sector banks have been suffering for last few years due to high non-performing assets. The banking sector needs government's support and strong reforms for its revival.

Indian government has been planning consolidation of public sector banks for quite some time.