Economics News

Global Minimum Corporate Tax

A landmark agreement was signed by the Finance Ministers of the Group of Seven nations (G7) setting a Global Minimum Corporate Tax Rate (GMCTR).

posted by Jawwad Kazi 1st Jul 2021

Panel to review FPI diktat : SEBI

Amid apprehensions that its April 10 circular on beneficial ownership of offshore funds could cause potential capital outflows of $75 billion,SEBI said it would review the matter and take a “holistic view”, seeking to assuage panic among investors.

posted by Jawwad Kazi 6th Sep 2018

India claimed breakthrough in RCEP talks

Commerce Ministry officials said there was a breakthrough in understanding India’s concerns at the recently held meeting in Singapore on August 30-31.

posted by Jawwad Kazi 5th Sep 2018

FPI outflow concerns preposterous: SEBI

SEBI issued a statement saying it is preposterous and highly irresponsible to claim that 75 billion dollars of FPI investment will move out of the country because of SEBI’s circular issued in April 2018.

posted by Jawwad Kazi 5th Sep 2018

Financial savings are up

The gross financial savings of the household sector, as a proportion of disposable income, saw a sharp rise in 2017-18, shows the RBI’s annual report.

posted by Jawwad Kazi 3rd Sep 2018