The global minimum tax will replace the existing tax system created to deal with businesses that have some physical presence in a jurisdiction. Read more »
The relaxation of China’s zero Covid policy is expected to boost the global economy, but may fall short in the face a sharp decline in consumer demand. Read more »
After announcing the repo rate hike, the RBI governor hints that the war on inflation is far from over with core inflation remains sticky and food inflation stays exposed to global factors. Read more »
The RBI panel is unlikely to go in for another aggressive interest rate hike that could hurt growth at a time when the global economy is staring at a recession. Read more »
There is a visible shift in the remittances pattern – while the Gulf countries remain a major source, the inflow from high-income countries in the West such as the US, UK, Japan,... Read more »
Slow GDP Q2 growth: Robust GST collections have added another dimension to the debate on the health of the Indian economy. Goods and Services Tax mop-up in November rose 11% year-on-year to... Read more »
Digital rupee: The e-rupee or the retail central bank digital currency backed by RBI is expected to be lapped up by the private sector, non-financial consumers and businesses. Read more »
Inflation is likely to be more persistent post-recession -- the economies are likely to face higher than target inflation in years to come. Read more »
More state governments set to join the chorus for bringing back the old pension scheme, even at the cost of financial ruin. Read more »
The India-Australia FTA will lead to the Asian partner’s entry into RCEP, the mega Asia Pacific trade bloc with 14 members. Read more »