'Tax dodging through tax havens is one of the ways multinational corporations and the super-rich in India are using to evade taxes.'
The amendment would help check round-tripping of funds and boost the domestic consumption, Jaitley added
India has just had one of the worst quarters in export earnings.
Adani's $15-billion Carmichael coal mine is stuck since 2010.
If India was able to provide additional and new information about people and entities that figure on stolen lists, they may consider it to exchange information
India has one thing that China has - the potential to be of interest as a huge market in its own right.
In India we have to be careful not to copy any level of dependence on the financial sector and infatuation with the get-rich-quick syndrome, says Jaimini Bhagwati.
It is surprising that central bankers around the world have cautioned the US Federal Reserve against raising rates.
The annual talk-fest of rich and powerful from across the world in snow-laden Alpine resort town of Davos will be attended by nearly 40 heads of government among more than 2,500 global leaders from over 100 countries.
Market breadth ended weak on the BSE with 1,838 declines against 1,218 advances.
Dr Ashwani Mahajan, all India co-convenor of the Swadesh Jaagran Manch and an associate professor at the Delhi University, discusses the state of the Indian economy in an interview with Rediff.com's Shobha Warrier.
Clearly, LoCs are becoming a key arrow in India's economic diplomacy quiver.
Those scheduled to attend the five-day WEF Annual meeting, beginning January 21, include more than 40 heads of state or government, including those from the UK, Australia, Japan, Iran, Israel, Pakistan, Brazil, Italy, Mauritius, Republic of Korea and Switzerland, WEF announced on Wednesday at a press conference in Geneva.
The temptation to rehash Manmohanomics is not going to deliver the achche-din that Narendra Modi has promised, warns Sriram Balasubramanian.
A Bank Investment Company to act as a holding company for state-owned banks would go a long way in minimising government interference and improving governance.
Indian Prime Minister Narendra Modi who envisioned Make In India last September was at his eloquent best as he made a fervent plea to global businesses to come Make In India.
China's economy is in transition, with rising wage costs and massive overcapacity.
'The Paris Conference is a decisive meeting on climate change.' 'Negotiating an agreement between 196 countries is indeed a challenge.' 'If we go beyond 2°C, the consequences will be extremely difficult to deal with.'The poor are the most vulnerable to the impact of climate change.'
More companies with unconventional business models to get into messy legal hassles in India.
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