BUSINESS
Explained: What the international tax deal to subject MNCs to a minimum 15% tax is all about
With more than 136 nations agreeing to OECD's historic global minimum tax deal accord, estimates suggest that around $150 billion will be generated in additional global tax revenues yearly. Here’s a look at what the new tax deal is all about.
BUSINESS
RBI Monetary Policy | MPC may worry about inflation as energy costs rise, rupee depreciates
There is little that the RBI can do to control imported inflation. But, it can take a position to continue supporting growth by making available low-cost funds.
BUSINESS
Has Moody’s rated India fairly vis-à-vis peers?
Even if calendar year growth of 8.8 percent and 8.3 percent are considered, India would still be the fastest-growing economy. India’s adequacy of foreign exchange reserves should be the least of the worries for credit rating agencies.
BUSINESS
Where have the large Indian farmers gone?
Less than 2 lakh households own more than 10 hectares of land in rural India as the average farm size has contracted to about half a hectare
BUSINESS
Explained | Why Europe and China are facing an energy crisis and how it affects India
The soaring prices of other fossil fuels added to the woes of consumers, not just in China and Europe but across the world.
BUSINESS
Investment-led growth unlikely in the short-term despite sops from the government
With sector capacity utilisation low in the private manufacturing sector, capital expenditure plans are on hold
BUSINESS
Petroleum product subsidies fall 92 percent as govt withholds transfers to LPG scheme beneficiaries
No transfers were made into the accounts of LPG subsidy scheme beneficiaries even though cylinder prices climbed nearly Rs 250 between November 2020 and July 2021
BUSINESS
Scindia is right. ATF tax revenues of states are insignificant
Aviation minister Jyotiraditya Scindia urged states to reduce the value-added tax (VAT) on aviation turbine fuel (ATF). States have long resisted such calls.
BUSINESS
Eicher Motors row: How much can a public company pay its top management, explained
Institutional shareholders frowned on Eicher Motors’s decision to give managing director Siddhartha Lal a 10% pay raise, forcing the company to rework the proposal. So how much can these enterprises pay their top deck?
BUSINESS
Central PSUs are increasingly hiring casual workers as regular employee numbers fall
The share of non-permanent workers and employees in CPSEs has rapidly increased since 2015-16 as more and more employees on the rolls seek VRS.
INDIA
How India forex reserves climbed to more than $600 billion
Portfolio investment alone is not the reason for the rising pile of foreign exchange reserves.
INDIA
Is demand for free foodgrain under PMGKAY slowing?
Data shows that the quantity of foodgrain distributed in May-July this year is lower compared with the same period last year when the country was locked down. What does that mean?
INDIA
India is greying, and how
The proportion of the elderly population is rising in states while the birthrate has been falling. States with good performance on various social indicators such as Kerala, Tamil Nadu and Himachal Pradesh are experiencing faster greying of their population.
INDIA
Counting of women workers improves, yet many remain invisible in government surveys
The PLFS 2019-20 reported a jump in the labour force participation rate for female workers even as the economy was slowing. Did more women start working or has the government survey refined how it counts female workers?
BUSINESS
From shop floor to C-suite — economic liberalisation helped shatter many glass ceilings
The expansion of Indian businesses and the entry of MNCs in manufacturing and services opened up opportunities for women to excel.
INDIA
Does India need a population control law? Data, survey say no
The number of babies being born in the country is almost at the level required to stabilise the size of the population. Any law to reduce child births at this point can lead to a rapid decline in the proportion of young people in the population.
INDIA
What the increase in DA to 28% will mean for government employees
The 7th Pay Commission had classified all government employees into three categories – groups A, B and C. The actual increase at an individual level will be higher, as the base for calculating the revised dearness allowance will include grade pay that every government employee gets.
BUSINESS
30 years of liberalisation: Per capita income, consumption expenditure have risen but neighbours have done better
As successive governments took the reforms forward, the size of the middle class grew, making India an attractive destination for foreign investors. Income rose and consumerism arrived.
BUSINESS
Kerala badly needs investments from businesses, and not just from Kitex Garments
The Kerala government needs to find tax resources to pay for the welfare scheme instead of depending on borrowings. It can ill afford an incident such as the fracas with Kitex Garments.
BUSINESS
India’s foodgrain mountain is rising and it is proving to be expensive
The current holding is about three times higher than the stocking norms for the central pool for the quarter beginning July 1.
INDIA
India’s beef exports slide to 9-year low as Vietnam demand falls
The rise and fall of beef exports seem linked to demand from the Southeast nation rather than domestic factors
BUSINESS
Analysis: Why higher MSP alone won’t assure higher output of pulses and oilseed
Small increases in acreage for pulses and oilseeds are not enough. And measures such as higher MSP to encourage the cultivation of pulses and oilseed have not helped bring down the area under paddy.
BUSINESS
Why a US-like consumer-led recovery looks unlikely
Indian households may not join global peers in a spending frenzy
BUSINESS
5 factors that led to a rise of corporate profit to GDP ratio to a 10-year high
The share of corporate profit in India’s gross domestic product (GDP) hit a 10-year high of 2.69% in the last financial year.
