Nirmala Sitharaman and her staff leave the Indian Finance Ministry to table the General Budget 2019-20 in New Delhi on Friday. AFP
There is a killer provision pertaining to non-resident Indians in the Union Budget for 2020-21 which states that an NRI who is not taxed in a foreign country will become taxable in India.
Indian economy is likely to swell to $5 trillion mark ahead of its target of 2024 despite huge challenges and global trends. This was stated by T.N. Manoharan, non-executive chairman of India’s Canara Bank recently in Dubai,
US and Indian trade negotiators ended talks on Friday without making major progress on a range of disputes over tariffs and other protectionist measures imposed by both sides that are straining bilateral ties,
Japan’s fourth quarter GDP shrinks much faster than expected and its economy shrank at the fastest pace in almost six years in the December quarter as a sales tax hike hit consumer and business spending,
General Motors Co said it would wind down its Australian and New Zealand operations and sell a Thailand plant in the latest restructuring of its global business, costing the US auto maker $1.1 billion.
Gold prices on Monday eased from a near two-week high, as a monetary policy intervention by China’s central bank to limit the economic impact from the coronavirus outbreak reassured investors and boosted demand for higher-risk assets.