Top headlines: SBI cuts lending rates, India's tax-GDP ratio falls and more

From US entering recession, FM considering corporation tax rate benefit extension to PMLA court ordering seizure of Nirav Modi's assets, here are the top headlines on Tuesday morning

The US economy entered a recession in February, a group of economists declared Monday. State Bank of India (SBI) gave huge relief to its customers on Monday by sharply reducing lending rates by 25-75 basis points (bps). Here are the top 10 business headlines.

Prove financial capability: Cidco puts GVK in dock over Navi Mumbai airport

Maharashtra government body City and Industrial Development Corporation (Cidco), which owns 26 per cent in the Rs 17,000-crore Navi Mumbai International Airport (NMIAL) project, has asked the GVK group to prove it has the financial capability to complete the project after its group companies