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On current growth trends, there is no scope for tax cuts: Laura Papi
Some sections of India Inc have been demanding a cut in indirect tax rates by one or two percentage points in the Budget to perk up a slowing economy but Laura Papi, International Monetary Fund (IMF) head for Asia and Pacific says the current momentum in the Indian economy does not warrant such cuts. She tells Dilasha Seth that inflation is still a cause for worry — the fall being due to a high

Exports rise 10% to $25.4 bn in Jan imports up 20%

Exports in January rose 10.1 per cent to $25.4 billion after dismal, single-digit growth in November and December. The growth in January was primarily due to depreciation in the rate of the rupee

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Akash Prakash: The dividends of doubt

I had the privilege of being able to attend a couple of investment conferences in India over the last week. One clear takeaway was that policy makers and independent observers are now reconciled to

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Current account deficit seen widening as exports struggle
India's current account deficit is on track to reach 3.5 percent of GDP in the fiscal year ending in March, its worst in at least eight years, because of a widening trade shortfall, a top government

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Barun Roy: 'Mainland' for innovation

As the balance of global research and development activity tilts towards Asia, China is making sure it occupies a position at its centre. According to “Science and Engineering Indicators

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BJP asks PM to explain 'fiasco' on economy front

New Delhi: BJP on Wednesday targeted Prime Minister Manmohan Singh on the state of the Indian economy, saying the world renowned economist has been making tall claims about the growth rate despite

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