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Mauritius is compliant with all OECD norms, including the Global Forum on Transparency and Exchange of Information for Tax Purposes.Business
US corporate sector hails India's move to slash income tax rate for...

Government slashed the income tax rate for companies by almost 10 percentage points to 25.17 per cent.

21 Sept 2019 9:49 AM IST

PE firms made investments worth $2.6 billion across 61 deals and exits worth $472 million across 10 deals.Business
PE/VC investments tally touches USD 36.7 billion in Jan-Aug

This data comes at a time when the economic growth has plunged to a six-year low, at 5 per cent for the June quarter.

10 Sept 2019 5:34 PM IST

Union Home Minister Amit Shah with Union Finance Minister Nirmala Sitharaman and Home Secretary Ajay Kumar Bhalla during the first National Implementation Committee meeting on 75 years of Independence, in New Delhi on November 25, (PTI /Shahbaz Khan)Opinion
Aakar Patel | Looking at the future in fear as economy goes into...

India's economy has contracted for six months since Prime Minister Narendra Modi called for the harshest lockdown in the...

1 Dec 2020 10:07 AM IST

Federal Reserve Chairman Jerome Powell. (Photo: AP)Business
Fed likely to keep interest rates on hold, focus on balance sheet

Fed is expected to soon decide how much longer it will continue its current practice of buying USD 60 billion a month in...

29 Jan 2020 1:05 PM IST

Nirmala SitharamanOpinion
New thinking is needed, Band-Aids won't suffice

The government has been firefighting since FY 2019 using mostly Band-Aids of the cheapest kinds.

29 Jan 2020 2:26 AM IST

A man sleeps at a night shelter for poor and homeless people, in New Delhi, in the cold morning hours. (Photo: AFP)India
Time to care' about economic inequality in India

The creamy layer of the world population has collectively generated an enormous amount of wealth in the past 20 years.

28 Jan 2020 2:57 AM IST

With multiple agencies probing the alleged Rs 13,000-crore fraud at state-run Punjab National Bank, the Reserve Bank of India (RBI) says it has conducted its scrutiny and the matter is currently under examination for \enforcement action\.Opinion
The new stagflation challenge

Stagflation has also made it harder for the RBI to boost economic growth by using monetary tools like interest rate...

15 Jan 2020 1:47 AM IST

The Centre for the Monitoring of the Indian Economy says that corporate sales declined by 1.2 per cent in the October-December 2019-20 quarter (having declined by 2.8 per cent before that) and profits before tax shrunk by 10 per cent (compared to a shrinkage of 60 per cent in the previous quarter).Opinion
A bad time for India, but with bad leadership

Outside of the formal sector, data has been difficult to collect credibly in India.

1 March 2020 4:24 AM IST

Indias economy seen slowing rapidly even before coronavirus outbreak. (PTI Photo)Business
Even before Covid19, India's economy was slumping

The economy grew by 3.1% in Jan-Mar quarter of 2019-20, against 5.7% at the same time a year ago, the slowest growth in...

30 May 2020 11:17 AM IST

Indian economy to contract in FY21; lockdown compounds economic challenges, says Moodys. (PTI Photo)Business
Economic damage for India from lockdown to be significant, says...

Indian economy already was growing at its slowest pace in six years and with the stimulus measures falling short of...

22 May 2020 2:06 PM IST

Indias automakers have warned that total automobile sales could fall as much as 45% in the current fiscal year. (PTI Photo)Business
India's automakers warn of up to 45% sales drop as economy slumps amid...

India's auto industry is already reeling, with sales of cars, trucks and motorbikes falling 18% last fiscal year to 21.5...

12 May 2020 10:42 AM IST

Indias rating outlook reflects rising risk of slower GDP growth, low policy effectiveness. (PTI Photo)Business
India's rating outlook reflects rising risk of slower GDP growth:...

The agency pointed out that the negative outlook reflects increasing risks that economic growth will remain...

8 May 2020 11:55 AM IST

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