Business

April 20, 2016 4:57 PM

IMF, WB, UN and OECD form new group to stop tax erosion

The International Monetary Fund and the World Bank has said they are joining forces with other international organizations to cooperate on tax issues and develop new tools and standards for taxing multinational enterprises. The new group, which will also include the United Nations and the Organizati...

April 20, 2016 2:27 PM

Rajan warns against euphoria over fastest-growing tag <br/>

Warning against being euphoric about India being the fastest-growing economy, RBI Governor Raghuram Rajan today said the country has a long way to go before it claims to have arrived. Stating that the per-capita income of Indians remains lowest among BRICS nations, Rajan said, the country needs to r...

April 19, 2016 9:37 PM

Indian economy growing fastest, Jaitley on Rajan's remarks

Finance Minister Arun Jaitley has said, compared to the rest of the world, Indianeconomy is growing much faster and, in fact, the fastest. He however expressed further optimism that the country can do still better looking into its potential.Mr. Jaitley was reacting to a question by a correspondent o...

April 19, 2016 9:20 PM

IMF, WB, UN and OECD form new group to stop tax erosion

The International Monetary Fund and the World Bank today said they are joining forces with other international organizations to cooperate on tax issues and develop new tools and standards for taxing multinational enterprises. The new group, which will also include the United Nations and the Organiza...

April 19, 2016 5:59 PM

Inflation in negative zone for 17th month, at -0.85% in March

Wholesale price-based inflation remained in negative territory for the 17th month in a row, at minus 0.85 per cent in March this year. But prices of some food articles, mainly pulses, turned costlier. Wholesale inflation had stood at minus 0.91 per cent in February this year. Food inflation rose sli...

April 19, 2016 5:58 PM

Govt reviews progress on ease of doing construction business in Delhi, Mumbai

Government has reviewed progress on ease of doing construction business in Delhi and Mumbai. According to an official release, Secretary, Urban Development, Rajiv Gauba and Secretary, Department of Industrial Policy and Promotion, Ramesh Abhishek held a review meeting in the national capital with al...

April 19, 2016 5:41 PM

Indian economy growing fastest, Jaitley on Rajan's remarks

Finance Minister Arun Jaitley has said, compared to the rest of the world, Indian economy is growing much faster and, in fact, the fastest. He however expressed further optimism that the country can do still better looking into its potential.Mr. Jaitley was reacting to a question by a correspondent ...

April 18, 2016 8:24 PM

India's trade deficit declines 5.07 billion dollars in March

India&apos;s trade deficit touched 5.07 billion dollars in March from February&apos;s 6.54 billion. It is attributed to fall in global crude oil prices. On year on year basis, the deficit was down to 118.46 billion dollars from 137.69 billion. According to data released by the Commerce Minis...

April 18, 2016 7:27 PM

Govt reviews progress on ease of doing construction business in Delhi, Mumbai

Government has reviewed progress on ease of doing construction business in Delhi and Mumbai. According to an official release, Secretary, Urban Development, Rajiv Gauba and Secretary, Department of Industrial Policy and Promotion, Ramesh Abhishek held a review meeting in the national capital today w...

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