The current panel continued with the same members but a different head.The Central Board of Direct Taxes (CBDT) said on Friday that the task force constituted for drafting new direct tax law has been given a three-month extension till May 31, after the earlier deadline expired on Thursday.Along...
The current size of the real estate market is already USD 120 billion dollar and this will grow to USD 650 billion by 2040, he said, adding that the industry employs 55 million people now and this number will rise to 66 million as it grows.Indian real estate...
In the report, India Ratings and Research maintained a generally negative outlook for the power sector in FY20.With the current estimate of thermal sector stress at over Rs 2.5 lakh crore of investments, the future of the power sector does not look promising. The question is, has UDAY,...
© Reuters. FILE PHOTO: Singapore's Finance Minister Heng Swee Keat speaks at a UBS client conference in Singapore ...
Taking effect Monday, the measures are the most concrete result yet of US President Donald Trump’s controversial decision in May to abandon the multi-nation nuclear deal with Tehran. (Reuters) The United States is reimposing punitive measures targeting the Iranian oil and financial sectors in what US Secretary of State...
India is growing rapidly — even faster than Bangladesh — despite its struggles in manufacturing.There’s an old theory that as an organism develops, it progresses through the same evolutionary stages traveled by its ancestors. Traditionally, economic development has worked in a similar way. When a country first shifts...
© Reuters. Mersch, Member of the Executive Board of the European Central Bank delivers a speech during Lamfalussy Lectures Conference in Budapest ...
GDP back series: The government in January 2015 had decided to change the base year of 2004-05 to 2011-12 for national accounts. The much-anticipated back series data of gross domestic product (GDP) of India would now be released by the end of December as the policy think tank Niti Aayog...
© Reuters. Kathleen Gaffney, vice president, director of diversified fixed income and lead portfolio manager for Eaton Vance Management, speaks during the Reuters Global Investment 2019 Outlook Summit in New York ...