Finance - general
Rajya Sabha to take up GST bill on Monday
05 Dec 2015
There is now a greater chance of the proposed legislation on a unified sales tax regime getting nod of the Rajya Sabha as well, after a government-appointed panel backed a lower rate and simpler structure that the opposition Congress party too had demanded
GST panel suggests standard GST rate of 17-18%
04 Dec 2015
The committee noted that the more the exemptions that are retained in the GST bill the higher will be the standard rate: the broader the scope of exemptions, the less effective the GST will be
Chinese yuan to join IMF reserve currency basket
01 Dec 2015
More than anything, the move by the International Monetary Fund is seen as symbolic of the new world economic order and China’s growing clout
World’s biggest pension fund loses $64 bn on stock rout
01 Dec 2015
The fund’s decision last year to invest about 50 per cent in equities, as part of Prime Minister Shinzo Abe’s economic reforms, to generate higher returns for the country’s rapidly growing pension bill, recoiled on it
RBI to tweak gold monetisation scheme
28 Nov 2015
Falling investments could retard growth further, warns RBI governor
20 Nov 2015
Weak capital formation caused by a drop in investment has been a key factor behind India's struggle to realise its growth potential, says RBI governor Raghuram Rajan
SIT seeks action against `shell companies’
04 Nov 2015
G-20 endorses action plan to check corporate tax avoidance
10 Oct 2015
Conservative estimate by the OECD puts the amount of untaxed money moved by companies into tax havens at $100 billion to $240 billion annually, suggesting tens of billions of dollars in lost tax revenue
Rate cut no substitute for enterprise and innovation: RBI governor
19 Sep 2015
India must resist special interest pleas for targeted stimulus, additional tax breaks and protections, directed credit, subventions and subsidies, all of which have historically rendered industry uncompetitive, government over-extended, and the country incapable of regaining its rightful position amongst nations, Rajan said
Featured articles
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
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