Business

Time for Indian government to rein in its aggressive tax officials

Time for Indian government to rein in its aggressi...

December 26, 2020

On Wednesday, Permanent Court of Arbitration based in the Netherlands awarded USD 1.2 billion plus costs and interest in damages to the British energy company Cairn Energy Plc in a tax dispute with the Indian government over retrospective application of tax. The case dates back t...

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Future of Indian real estate business post-pandemic

Future of Indian real estate business post-pandemi...

December 19, 2020

Even though the Covid-19 pandemic drastically impacted real estate sector in 2020, experts hope for better days in 2021, on the condition that situation becomes normal and real estate adapts to newer trends.

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Reliance unnerved by farmers’ calls for boycott

Reliance unnerved by farmers’ calls for boycott

December 15, 2020

It was less than a week ago that protesting farmers launched a boycott of Reliance Jio and began throwing their Jio SIM cards away as a sign of protest against one of the companies that they believe are likely to gain at their cost due to the recently enacted farm laws. There wer...

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Brexit agreement remains cliffhanger

Brexit agreement remains cliffhanger

December 12, 2020

When Boris Johnson left for Brussels on Thursday for a dinner meeting with the President of the European Commission Ursula von der Leyen, both knew that they would have a lot more than just the dinner to chew over as it was the ‘last chance’ to break the deadlock over Brexit ...

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Celebrations over economic revival in India premature

Celebrations over economic revival in India premat...

December 2, 2020

“Q2 GDP at -7.5 pc buttresses recovery as captured by several high frequency indicators,” tweeted India’s finance ministry on November 27 while releasing data about the state of the economy in second quarter of the fiscal year 2020-21. Since then, numerous ministers and pol...

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Race for Covid-19 vaccine enters last lap: Which vaccine stands where

Race for Covid-19 vaccine enters last lap: Which v...

November 24, 2020

The high efficiency in final trials of key Race for Covid-19 vaccines indicates that the world may receive the most sought after vaccine ever within days. A total of 60 candidate vaccines are under development, of which nearly half a dozen are at the door-steps of commercial laun...

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By sitting out of RCEP, India does not lose economically

By sitting out of RCEP, India does not lose econom...

November 20, 2020

As Regional Comprehensive Economic Partnership (RCEP) agreement becomes operational, there is pressure on India to join the world’s largest trade grouping. But India needs to stay away from trade deals in general as its gains may not amount to much.

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Sons of soil back in focus with Haryana law on jobs quota

Sons of soil back in focus with Haryana law on job...

November 11, 2020

Haryana Assembly recently passed a law reserving 75 pc of private sector jobs quota bill for residents of the state. The populist move is likely to hit the state economy by driving away industry and hurting workers.

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Is revival of Indian economy sustainable?

Is revival of Indian economy sustainable?

November 6, 2020

In October, India’s services sector grew for the first time since February reflecting the reopening of hotels, restaurants and shopping malls around the country. Accordingly, the Purchasing Managers’ Index (PMI) for services rose sharply to 54.1 pc for October as against 49.8...

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Time to move from 2+2 to 3+3

Time to move from 2+2 to 3+3

October 29, 2020

US secretary of state Michael Pompeo along with secretary of defence Mark T Esper visited India for the third India-US 2+2 ministerial dialogue. The visit comes a week before the American presidential election 2020 to be held on November 3. The India-US 2+2 talks focused on four ...

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