Chief Economic Adviser Arvind Subramanian said the task force on direct tax reforms will submit its report in the next 4-5 months.
Drug firm Pfizer said Gelusil, Becosules and Corex brands in India will be included in the global strategic review of the consumer healthcare business of Pfizer Inc.
Germany's biggest lender Deutsche Bank said that Donald Trump's tax reforms in the US pushed it into the red in 2017.
Deutsche Bank posted its third consecutive annual loss in 2017, taking a hit from challenging markets, a drop in investment bank revenue and a US tax reform.
Harley-Davidson fell short of its targets for motorcycle shipments in 2017 and forecast a drop in numbers for this yr, sending the Milwaukee-based company’s shares down.
Pfizer Inc beat analysts’ estimate for adjusted profit helped by strong demand, while also reporting an $11 billion gain from the new tax law.
IMF chief Christine Lagarde said all major developed and developing economies are doing well and let's celebrate but not forget risks facing global economy.
US industrial conglomerate Honeywell International Inc reported a better-than-expected quarterly profit and raised its 2018 earnings forecast, citing lower tax rates.
Lenovo Group Ltd said it expected to make a one-off charge of $400 million for nine months ended in December due to a reassessment of U.S. deferred tax assets.
The Bank of Canada raised interest rates, as expected, but said that while more rate hikes are probably warranted.