UPDATE 1-India cuts corporate tax rate to 25% in bid to revive growth <!-- no image --> <div>* Equity markets up more than 3%; tax revenue loss about $20.5 bln<div class="feedflare"> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=S0mmr4JnJGE:Bn1nP_k0wMc:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?d=yIl2AUoC8zA" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=S0mmr4JnJGE:Bn1nP_k0wMc:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=S0mmr4JnJGE:Bn1nP_k0wMc:V_sGLiPBpWU" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=S0mmr4JnJGE:Bn1nP_k0wMc:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=S0mmr4JnJGE:Bn1nP_k0wMc:F7zBnMyn0Lo" border="0"></a> </div><img src="http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/S0mmr4JnJGE" height="1" width="1" alt=""></div> Posted by Reuters