Despite an ambitious target, public expenditure on infrastructure - the only functional engine of the economy - is dwindling. That spells bad news for economic recovery

Apart from rise in financial frauds in private companies in India, recent years have also witnessed a rise in the role of shell companies and tax havens in their operations, raising further concerns about illicit operations

Under mounting global pressure, the famed secrecy walls surrounding Swiss banks have already crumbled over the last few years and Switzerland has been making an all-out effort to present itself as a clean global financial centre while dispelling the long-held perception of its banks being secret wealth vaults

This is the second part of the series which focuses on some of the neoliberal ideas which have clearly failed and yet vigorously pursued and who are the proponents of these ideas

The package is completely aligned to self-professed agenda of the IMF of limiting fiscal spending, relying on liquidity and credit to households, privatising government-run companies and more deregulations for private enterprises. This agenda has brought immense grief to a large number of countries to be comforting

OPEC said in a monthly report it now expects global demand to contract by 6.9 million barrels per day (BPD), or 6.9%, in 2020 and noted the reduction may not be the last

Share Market Update: Sensex ended 2,713 points lower at 31,390 and Nifty closed 756 points lower at 9,199.

Coronavirus outbreak: The deceased 69-year-old woman contracted the deadly virus from her son, who has travel history to Switzerland and Italy

Coronavirus update: A Paytm employee in Gurugram, who returned from Italy, has been tested positive for novel coronavirus, the company said in a statement on Wednesday

In reply to an RTI query, the ministry also refused to disclose the details of black money received from other foreign countries

Pandey says it's not fair to say that GST is responsible for the current economic slowdown; contraction in imports and the failure of some sectors to perform well led to a drop in GST collection, he adds

In September, the labour force participation rate increased to 43.2 per cent versus 43 per cent in the previous month. More importantly, the employment rate climbed to 40.1 per cent from 39.5 per cent during this period

India is amongst 75 countries with which Switzerland's Federal Tax Administration (FTA) has swapped intelligence on the financial details of people.

The details that Switzerland would share with Indian tax authorities would include account numbers, credit balance and all kinds of financial income for each Indian client of every Swiss financial institution

India remains ranked very low when it comes to money parked by Indian individuals and enterprises in Swiss banks; among the top-ranked jurisdictions, the UK is followed by the US, West Indies, France and Hong Kong in the top five

Applying for US visa? Now you need to furnish 5-year social media detailsIf you are planning to apply for the US visa, you will have to share your internet history. As proposed by the Trump administration, the country now requires most of the US visa applicants to submit their social media details for the past five years, as part of its strategy to improve screening of potential immigrants and visitors. According to media reports, the revised norms could affect up to 15 million travellers who...

Globally, billionaires' fortunes rose by 12 per cent or USD 2.5 billion a day in 2018, whereas the poorest half of the world's population saw their wealth decline by 11 per cent