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Economy and Business

While the country may not have a full-fledged goods and services (GST) tax in place even next year—petroleum, potable alcohol, real estate and electricity will remain out of its ambit—the good news is that it is almost certain there could be a working GST legislation by April since, as the Kolkata meet showed, apart from the Congress and the AIADMK, most states support it.


Three decades ago, Prime Minister Rajiv Gandhi estimated that only 15 paise out of every rupee meant for the poor actually reached them because of leakages in the delivery system.


As economic growth appears to pick up, it would be a good idea to look at the external factors that help or hinder the process. In recent years, the domestic economy has been buffeted by many headwinds from abroad. And these have played a major role in ensuring whether growth is at a fast pace or still at the proverbial snail’s rate of movement. 


In a referendum on Sunday, Swiss voters rejected a proposal for a guaranteed annual income for everybody by an overwhelming 78 per cent to 22 per cent majority. But the idea was not crazy, and it is not going to go away.


Ten reasons why we will find it difficult to revert to the high growth rate of previous years


The Central Statistics Office’s (CSO) provisional estimates for the Indian economy for 2015-16 have created a buzz. The estimates show the Indian economy growing at 7.6 per cent in 2015-16, with a surge of 7.9 per cent in the last quarter. This has led some to conclude that 8 per cent growth is around the corner.


Union Finance Minister Arun Jaitley was right when he asserted that India has the capacity to become a five trillion dollar economy from today’s two trillion dollar. But we need to change the course. Economic reform is a confusing word. 


To economically integrate South Asia, immediate attention must be given to trade facilitation. India and Bangladesh, for example, must improve border infrastructure to bridge the export lag at the Petrapole-Benapole check post, write Preety Bhogal and Shiva C Sharma


When the economic growth numbers are as good as they have been, one should pause in the midst of ever-present concerns and raise a cheer. To be sure, there are plenty of experts questioning the specific numbers, but it is hard to quarrel with the direction of change. 


The country should offset its loss by availing greater benefits from market access in services and investment


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Nepal’s deposed king Gyanendra Shah has regretted that the country has lost its Hindu identity and said despair and unhappiness among the people might lead them to revolt once again. 


The first India-Palestine Joint Committee Meeting (JCM) signifies New Delhi’s commitment towards economic development and well being of Palestine writes Muddassir Quamar for South Asia Monitor

Intensifying searches is good. But with all this only about 15% of the tax-defaulters have been caught. Therefore the government must address the major sources of black money, writes Sudip Bhattacharyya for South Asia Monitor. 


BRICS meet in Goa

sites/default/files/Vignettes ThumbImage/1_8.jpg India-China differences and their discord over Pakistan are among differences in the BRICS that could “capsize” the grouping if the member nations fail to address competition and disagreements among them, Chinese media said today.

Well that should be it. Game, set and match. The three presidential debates — now mercifully over — have not been kind to Donald Trump, not least the constant use of the split screen which means his peevish, glowering and frequently interrupting persona is permanently on display to viewers.

In the afternoon of October 13, King Bhumibol Adulyadej of Thailand, Rama IX of the Chakri dynasty, passed away at the age of 88, in the 70th year of his reign. I ran to a café in Sukhumvit to watch the announcement, as streets in Bangkok grew quiet, people huddled around television screens, many sobbing in disbelief....


Address by M.J. Akbar, Minister of State for External Affairs on Regional Integration and Prosperity at Brussels Conference on Afghanistan (October 5, 2016). Read more inside...

Two great sieges are getting underway in the Middle East, one in Mosul in Iraq, and the other in Aleppo in Syria. They have a great deal in common, including, the fact that the attackers both depend heavily on foreign air power, but they are treated by most international media as though, they were completely different events. How ...

On a sunny morning a young shepherd takes his cattle across the lovely winding Namka Chu into the dense pine forests on the ridge above. The cold wind blows in from the north and the boy looks up at the steep mountain ahead of him covered by rhododendrons.


The Tehrik-e-Taliban Pakistan, Lashkar-e-Taiba, Jaish-e-Mohammad and others of their ilk not only destabilise Pakistan and make it one of the world's most dangerous places but also threaten neighbouring Afghanistan and India -- and even far...


The book, written in the manner of a series of case studies, also points to the lack of a clearly enunciated national security strategy, a defence situational review, a defence strategy and a joint strategy for the armed forces -- all of this h...


The book ‘Pakistan at crossroads: Domestic Dynamics and External Pressures’  is one of the few books in recent years which fixes spotlight on various aspects of Pakistan; the internal flummoxing situation and external forces wh...


In a region which is unexplored as an asset class, performance will be the kingmaker. This book includes the author’s CDCF Portfolio basket for the SAARC asset class, which selects the best fundamental-p...


Sri Lanka has to be the most beautiful country I have ever seen, says John Gimlette, an accomplished travel writer who journeys to the island nation at the end of a long and brutal civil war. Anyone who has se...

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