Global minimum tax is a commendable step towards international tax reforms, but its success depends on whether countries like India would agree to revoke their digital levies. Read more »
The proposed global minimum tax will make multinational corporations pay a minimum 15% tax on their profits, ending misuse of double tax avoidance treaties. Read more »
In rupee terms, the country's agriculture exports rose 22.62% in 2020-21 to Rs 3.05 lakh crore. Read more »
Stock market needs a long-term game played with test match temperament rather than a T-20 mindset. Read more »
RBI monetary policy committee has kept the repo rate unchanged at 4%, the reverse repo rate at 3.35%, and the marginal standing facility rate and the bank rate at 4.25%. Read more »
Not coming up with a large fiscal stimulus was a mistake that led to a fall in economic growth rate and rise in unemployment levels. Read more »
RBI's monetary policy committee should consider a 25 basis points cut in repo rate as the economy is on the verge of Covid-19 third wave. Read more »
The monetary policy amid a major shock like the second wave of Covid-19 can afford to look through some inflationary impulses to support economic growth. Read more »
Revival in economic activity, consumer confidence will see GDP growth recovering faster in second quarter of FY22 than anticipated by forecasts. Read more »
Policy makers should focus on creating jobs, increasing real wages and boosting household incomes, rather than worrying about blips in GDP growth rate. Read more »