Page 9 - Oecd

Top biz headlines: Jio to charge for calls, Airtel raises $750 mn, and more

From Reliance Jio charging for calls to other networks to Airtel raising $750 million, here are the top 10 business headlines on Thursday

Global economic turmoil

There are limits to what central banks can achieve

OECD slashes India's economic growth forecast from 7.2% to 5.9%

At 2.9%, global growth to be weakest since 2008 crisis, it says

Taxing digital giants: India wants to wait until 2020 for a global solution

DTC panel makes no sweeping suggestion on it; any possible govt action only in 2020

World's biggest companies accept growing inequality as defining challenge

The initiative, sponsored by the Organization for Economic Cooperation and Development, is set to be unveiled by President Emmanuel Macron as he prepares to host the G7 summit this weekend in Biarritz

Google, Facebook, Amazon decry French digital tax as 'discriminatory'

Some 58% of Amazon's sales are through partner companies, which stand to take the hit

International taxation

Is global reaction to the OECD's base erosion and profit shifting actions drifting?

OECD raises global growth forecast for 2018 to 3.7%

India's growth rate revised downward to 6.7%, down by 0.6 point from its June forecast

Govt to work with OECD to prepare norms for gold imports, refining

In its efforts to improve good governance Indian government, bullion industry and Organisation for Economic Cooperation and Development will together work for preparing responsible gold policy covering import of gold and dore and refining as well as delivery of refined bars. A task force is being set up to decide future roadmap for further implementation, according to sources. Tyler Gillard, head of responsible sourcing and sector projects at OECD who was in delhi to be a keynote speaker at India gold convention organised by Bullion Federation of India said in a telephone interview that, "After meeting Indian minister of state for finance Mr Meghwal and various industry representatives, I am optimistic about India implementing the OECD Guidance for responsible gold supply chains."OECD responsible gold guidelines prescribes sourcing of dore or unrefined gold to ensure it is not sourced from mines which are illegal or mined or sold by entities which are anti-social and so on. It also ...

Improving multinational tax behaviour

OECD's Multilateral Instrument is a first step whose details need etching

Policies should focus on farm income: OECD

Govt farm supports as a whole has fallen to 16% of producer receipts, it reported

Cut in tax rates for MSMEs may stunt their growth: OECD general secy

In a Q&A, OECD's Angel Gurria lauds note ban, says benefits like lower graft will be seen gradually

OECD chides reform slackers as inequality stokes populism

Reforms had visibly slowed, both in countries that had made significant progress in recent years

OECD estimates 7.3% growth in FY18

Says demonetisation to have long-term benefits

OECD sees India's growth at 7% due to note ban, bats for inheritance tax

It prescribes that India should bring down corporate tax rate to 25 per cent

India should cut corporate tax, opt for inheritance levy: OECD

OECD said comprehensive tax reforms, especially the goods and services tax, "would lift all boats

OECD sees globalisation brake on growth

OECD sees 2016 global growth of 2.9% as the trade growth seen lagging economic growth

Central banks nearing limits of ability to stimulate growth: OECD

OECD head Angel Gurria said a combination of coordinated monetary, fiscal and structural adjustment policies are now necessary to revive growth worldwide

OECD lead indicator flags signs of growth stability

Downturn in the US, China economy bottoming out

Global growth prospects clouded, need coherent response: OECD

It Noted that India needs to address 'a wide range of structural bottlenecks' in order to sustain strong medium-term growth