Business
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Singapore tourism gets boost from F1’s return and high Indian tourist arrivals
Indians at the moment, make up the second largest group of visitors to Singapore by country of origin. Up till…
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Why ageing citizenry is a challenge across the globe, particularly for India
From 5% of the population in 1950, senior citizens were close to 10% of the population by 2016, and this…
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High Court rules mango pulp be taxed at 12%
Earlier, exporters and businessmen faced problems due to confusion in rates on different forms of mango, like sliced, dried mangoes…
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It’s every nation for itself as dollar batters global currencies
While the problems in currency markets right now are in many ways reminiscent of the 1980s, the solutions are unlikely…
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NCLAT rejects claims of Reliance Infratel’s ‘indirect’ creditors
National Company Law Appellate Tribunal (NCLAT) ruled in favour of Doha Bank on September 9. The Qatar-based bank had pleaded…
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We’re very ambitious about India, says International Finance Corporation MD
In FY22, IFC committed a record $32.8 billion to private firms and financial institutions in developing countries, leveraging the power…
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Short-term rates surge as net surplus liquidity nears zero
The weighted average rate in the interbank call market, where banks lend and borrow among one another, was at 5.61%…
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Rupee-rouble trade: Russia’s PSCB opens Re A/c with Yes Bank
The Russian lender, which likely escaped the West’s scanner because of its insignificant presence in Europe’s richer neighbourhoods and other…
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Income Tax department relaxes norms for compounding of offence
Issuing the revised guidelines for Compounding of offences under the Income-tax Act, 1961, the Central Board of Direct Taxes (CBDT)…
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Inflationary pressures expected to ease in H2, say RBI economists
The central bank economists have also pitched for front-loading rate increases to anchor inflationary expectations, according to the RBI’s latest…
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