On Friday, the Centre announced a reduction in the base corporation tax rate to 22 per cent from 30 per cent.

Government slashed the income tax rate for companies by almost 10 percentage points to 25.17 per cent.

Corporate tax rate cut from 30 pc to 25.2 pc to spur growth- this is a great move which will firmly revive growth and investment.

Governor also welcomed the government announcement in the morning to slash corporate tax across the board.

More details are awaited.

Flipkart in a statement said it was aware of the ban order and was working with sellers to remove all such products.

FM said banks have been asked to follow that circular and not declare any stressed MSME loan as NPA till March.

Persons with at least 25 years of work experience in an Indian or international public financial institution could also apply for the post.

The finance ministry will also discuss ways in which PSBs can offer doorstep banking facility.

Last week, the government announced a slew of measures to boost exports and the real estate sector.