Jun 11, 2021 01:10 PM IST
A global minimum corporate tax rate of 15 percent is expected to be beneficial for India. The Tax Justice Network estimates the country to gain at least $4 billion, equivalent to ~6 percent of FY21 corporate tax collections
- Jun 07, 2021 05:52 PM IST
A divided US Congress and stiff resistance from Republicans and business groups mean closing the deal at home may be an even bigger challenge
- Jun 06, 2021 04:40 PM IST
Indian Farmers Fertiliser Cooperative Ltd (IFFCO) has priced nano urea liquid at Rs 240 per bottle, which is 10 per cent cheaper than the cost of a bag of conventional urea.
- Jun 01, 2021 02:21 PM IST
South Africa and Argentina will take the longest to reach their December 2019 per-capita GDP levels
- Apr 30, 2021 05:40 PM IST
In January, the United Nations Conference on Trade and Development had said that India's FDI inflows had jumped 13 percent to $57 billion in calendar year 2020, mostly boosted by investment in digital economy and start-ups.
- Mar 10, 2021 05:00 PM IST
The OECD said the United States, the world’s largest economy, would grow 6.5% this year, up sharply from a 3.2% forecast in December
- Mar 10, 2021 10:20 AM IST
If the projected growth is “realised” it could allow India to “reclaim its status as the fastest growing major economy from China,” the OECD report said.
- Mar 04, 2021 08:48 AM IST
India, which has been criticised for its unilateral levy, should benefit in the long run from a global consensus on taxing big tech firms
- Jan 15, 2021 10:22 AM IST
The Composite Leading Indicator shows growth in most major economies is almost back to normal
- Nov 04, 2020 01:55 PM IST
Among issues the Centre has sought feedback on is the OECD’s Pillar-1 and Pillar-2 approaches
- Oct 20, 2020 02:42 PM IST
China maintained its top spot with 4.3 lakh migrants, while India has 3.3 lakh emigrants. The data comes from before the coronavirus pandemic and is set to change drastically in 2020 with restricted international travel.
- Oct 13, 2020 03:34 PM IST
Officials of OECD have warned that failing to strike a deal would lead to a proliferation of taxes and tariffs that could reduce the size of the global economy by as much as 1% — more than $1 trillion at current levels — per year
- Sep 16, 2020 07:25 PM IST
The Organization for Economic Cooperation and Development (OECD) said in a report that the world’s gross domestic product is projected to decline by 4.5 percent this year - less than the 6 percent plunge it had predicted in June.
- Sep 08, 2020 04:44 PM IST
Governments around the world closed schools to curb the spread of COVID-19, in most cases for around 10 weeks, or one third of a year of schooling.
- Jul 20, 2020 08:43 AM IST
Instead of unilateral action, India and US must help in building global consensus on cross-border taxation rules
- Jun 18, 2020 08:40 PM IST
"Absent a multilateral solution, more countries will take unilateral measures and those that have them already may no longer continue to hold them back," OECD Secretary General Angel Gurria said in a statement.
- Jun 15, 2020 01:31 PM IST
During the Global financial crisis, Nifty saw three intermittent bull traps before finally bottoming out in March 2009
- Jun 15, 2020 12:37 PM IST
Either we would achieve an upside target of 10200-10250 or go back down to 9550-9600. The continued rise in new Coronavirus cases is a major cause of worry for easing strict lockdown measures this month.
- Jun 10, 2020 09:54 PM IST
With crisis responses set to shape economic and social prospects for the coming decade, she urged governments not to shy away from debt-financed spending to support low-paid workers and investment.
- Jun 10, 2020 04:14 PM IST
If the coronavirus re-emerges later in the year, however, the global economy could shrink 7.6 percent, the OECD said.
- Jun 09, 2020 07:00 PM IST
Thailand is expected to add about 3 billion baht ($95.72 million) to its coffers annually from the move, which will affect services such as music and video streaming, gaming, and hotel booking, Thanadirek added, without naming any companies.
- Mar 09, 2020 01:07 PM IST
Covid-19 and excess debt make a dangerous cocktail
- Mar 03, 2020 09:21 AM IST
If the OECD projections are right, the Indian economy will continue to be in dire straits even in 2021-22
- Mar 02, 2020 10:16 PM IST
The Economic Survey tabled by the government in Parliament has projected India's economic growth at 6 -6.5 percent in the next financial year starting April 1.
- Mar 02, 2020 04:58 PM IST
The last time the world GDP shrank on a quarter-on-quarter basis was at the end of 2008, during the depths of the financial crisis.