The 11-member Brics grouping is creating new platforms for cooperation on international taxation, transfer pricing and revenue data. Brics accounts for about 39% of global GDP on a purchasing power…
Category: Economy
Rate hikes are coming, but don’t count credit growth out just yet
Global central banks have responded to the intensifying war in West Asia, inflationary risks, rising bond yields and ongoing trade uncertainty by raising interest rates in their home economies. A…
RBI rate hikes back on the table as inflation risks mount
Mumbai: The Reserve Bank of India (RBI) is expected to raise interest rates this week for the first time since February 2023, as a sharp shift in the global rate…
The oil shock hasn’t stopped the factory boom. It may be changing what factories make | Explained
The global manufacturing sector is sending an unusual signal: factories are getting busier even as an energy shock pushes up production costs. S&P Global’s latest global manufacturing survey shows factory…
RBI likely to raise repo rate in October 2026 as West Asia crisis fuels inflation risks
Mumbai, Oct 4 (PTI) The Reserve Bank of India (RBI) is likely to increase the repo rate by 0.25 per cent in the October monetary policy review due to mounting…
GST arrest powers may be removed? Council to discuss decriminalisation on Wednesday; law change likely in Winter Session
Indian is considering a change to the enforcement framework under the Goods and Services Tax () Act: removing the power of tax authorities to arrest taxpayers under GST law. The…
Easy money era is ending, interest rates to stay high: French economist Landau
The era of easy money is coming to an end, French economist Jean-Pierre Landau has said, cautioning that the world is moving towards elevated real interest rates, driven by falling…
India’s food market: $600 bn estimate; 7% CAGR — from primary producer to high-value global processing powerhouse
India’s food market is estimated to be worth between $550 billion and $600 billion and is growing at an annual rate of 6-7 per cent, Devesh Deval, Joint Secretary at…
FM Sitharaman calls for open, predictable global economic ties amid rising uncertainty
NEW DELHI: Finance minister Nirmala Sitharaman on Saturday emphasized the need to keep global economic relationships open, predictable and rules-based, saying countries should pursue dialogue and negotiated agreements rather than…