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  • What G7’s global minimum tax holds for India Jun 11, 2021 01:10 PM IST

    What G7’s global minimum tax holds for India

    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 

  • Yellen won a global tax deal. Now comes the hard part. Jun 07, 2021 05:52 PM IST

    Yellen won a global tax deal. Now comes the hard part.

    A divided US Congress and stiff resistance from Republicans and business groups mean closing the deal at home may be an even bigger challenge

  • IFFCO begins commercial production of nano urea liquid Jun 06, 2021 04:40 PM IST

    IFFCO begins commercial production of nano urea liquid

    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.

  • India’s per Capita GDP to reach 2019 levels in 6 months: OECD Jun 01, 2021 02:21 PM IST

    India’s per Capita GDP to reach 2019 levels in 6 months: OECD

    South Africa and Argentina will take the longest to reach their December 2019 per-capita GDP levels

  • India third largest recipient of FDI in 2020: Report Apr 30, 2021 05:40 PM IST

    India third largest recipient of FDI in 2020: Report

    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.

  • US growth could surge on stimulus and vaccine rollout Mar 10, 2021 05:00 PM IST

    US growth could surge on stimulus and vaccine rollout

    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

  • India may become ‘fastest growing economy’ again, OECD projects 12.6% GDP growth Mar 10, 2021 10:20 AM IST

    India may become ‘fastest growing economy’ again, OECD projects 12.6% GDP growth

    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.

  • Welcome US shift in stand on digital tax Mar 04, 2021 08:48 AM IST

    Welcome US shift in stand on digital tax

    India, which has been criticised for its unilateral levy, should benefit in the long run from a global consensus on taxing big tech firms

  • Chart of the Day | OECD leading indicator points to stable growth in India Jan 15, 2021 10:22 AM IST

    Chart of the Day | OECD leading indicator points to stable growth in India

    The Composite Leading Indicator shows growth in most major economies is almost back to normal

  • Centre asks MNCs for feedback on OECD proposal of global digital tax: Report Nov 04, 2020 01:55 PM IST

    Centre asks MNCs for feedback on OECD proposal of global digital tax: Report

    Among issues the Centre has sought feedback on is the OECD’s Pillar-1 and Pillar-2 approaches

  • India second largest source of migrants to OECD countries Oct 20, 2020 02:42 PM IST

    India second largest source of migrants to OECD countries

    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.

  • Global talks on taxing technology firms will slip into 2021 Oct 13, 2020 03:34 PM IST

    Global talks on taxing technology firms will slip into 2021

    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

  • Report finds global economic outlook not as bad as expected Sep 16, 2020 07:25 PM IST

    Report finds global economic outlook not as bad as expected

    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.

  • Skills lost due to COVID school closures will hit output for generations: OECD Sep 08, 2020 04:44 PM IST

    Skills lost due to COVID school closures will hit output for generations: OECD

    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.

  • Google tax — Need to de-escalate tension Jul 20, 2020 08:43 AM IST

    Google tax — Need to de-escalate tension

    Instead of unilateral action, India and US must help in building global consensus on cross-border taxation rules

  • Shunning international tax talks could trigger trade war: OECD Jun 18, 2020 08:40 PM IST

    Shunning international tax talks could trigger trade war: OECD

    "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.

  • Nifty on recovery path or in a 'bull trap'? Analysts advise caution as COVID-19 cases rise Jun 15, 2020 01:31 PM IST

    Nifty on recovery path or in a 'bull trap'? Analysts advise caution as COVID-19 cases rise

    During the Global financial crisis, Nifty saw three intermittent bull traps before finally bottoming out in March 2009

  • Trend deciding week! A break above 10,200 required for bulls to take control Jun 15, 2020 12:37 PM IST

    Trend deciding week! A break above 10,200 required for bulls to take control

    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.

  • OECD sees deepest peace-time slump in a century Jun 10, 2020 09:54 PM IST

    OECD sees deepest peace-time slump in a century

    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.

  • Coronavirus pummels global economy, jobs - even without 2nd wave Jun 10, 2020 04:14 PM IST

    Coronavirus pummels global economy, jobs - even without 2nd wave

    If the coronavirus re-emerges later in the year, however, the global economy could shrink 7.6 percent, the OECD said.

  • Thailand proposes to tax foreign internet companies Jun 09, 2020 07:00 PM IST

    Thailand proposes to tax foreign internet companies

    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.

  • The Covid-19 epidemic is in danger of turning into a financial crisis Mar 09, 2020 01:07 PM IST

    The Covid-19 epidemic is in danger of turning into a financial crisis

    Covid-19 and excess debt make a dangerous cocktail

  • Why did the OECD slash India’s growth forecast so brutally? Mar 03, 2020 09:21 AM IST

    Why did the OECD slash India’s growth forecast so brutally?

    If the OECD projections are right, the Indian economy will continue to be in dire straits even in 2021-22

  • OECD lowers India's FY21 GDP growth to 5.1% on coronavirus concerns Mar 02, 2020 10:16 PM IST

    OECD lowers India's FY21 GDP growth to 5.1% on coronavirus concerns

    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.

  • World economy may shrink because of virus: OECD Mar 02, 2020 04:58 PM IST

    World economy may shrink because of virus: OECD

    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.

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