New return to also seeks details on foreign equity and debt held by resident Indians; much more exhaustive list for NRIs
Bitcoin rose by almost 4 per cent after dropping to its lowest at $18,300 post-US inflation data was released
Indian students are not just more likely to stay in developed countries on extended permits, but they are also highly likely to get a work permit during their stay
The exchange of information on cryptocurrency between countries will become automatic under the new framework propsed by OECD
PMI for services sector released by S&P Global dipped to 54.3 in September from 57.2 in August as weak external demand weighed on overall sales, with international order declining during the month
In a bleak report titled Paying the price of war, the Paris-based organisation noted that the conflict aggravated inflationary pressure when the cost of living was already rising quickly.
S&P noted that India's domestic recovery from Covid-19 would continue to support growth in FY23
Russia's war against Ukraine, the lingering coronavirus pandemic and the damage of climate change are putting intense pressure on the world's poorest, the Organization for Economic Cooperation and Development warned Monday. The Paris-based OECD reported that 60 states, territories and locations fell last year into the category of fragile contexts'' meaning they were exposed to economic, environmental, social and political risks that they didn't have the capacity to absorb. And that was before Russia invaded Ukraine and intensified their burdens. Monday's report designated the most places in such dire straits since the OECD began issuing its States of Fragility report in 2015. The 60 account for 24% of the world's population, 73% of those living in extreme poverty, 80% of those who died in conflicts and the vast majority of the world's hunger hotspots.'' And they are home to 95% of the record 274 million people the United Nations says need humanitarian assistance. We are in an era
Real wage growth has been under pressure since 2021-end and will continue to decline in many countries, according to an OECD report
PM Modi has urged citizens to focus on five resolutions to make India a developed nation in the next 25 years. How will the country and its economy have to perform to achieve this goal by 2047?
Country's per capita income would need to grow 12.4% consistently to match that of OECD countries within the next 25 years
Tax evaders explore other avenues to shift their unaccounted wealth through investment in non-financial assets, Sitharaman pointed out
Electricity output rose to double digits in April
Minimum global corporate tax rate solves many problems
Says world economy to grow 3% this year, much less than the 4.5% expected earlier
The institution said that headline inflation is projected to ease gradually, though remaining above the central bank's upper tolerance limit of 6 percent throughout 2022 and 2023.
The organization slashed its outlook for global growth this year to 3% from the 4.5% it predicted in December and doubled its inflation projection to nearly 9% for its 38 member countries
Court says firm can pay "under protest", subject to final order; dispute could trigger similar rows in tax matters with MNCs, experts warn
Discusses adopting multilateral approach in tax treaties for faster solution
India will hold the Presidency of the G20 from December 1, 2022 to November 30, 2023, culminating with the G20 Summit in India in 2023