Economy

Commonwealth finance ministers mull over how to tax tech MNCs

The growing digitalisation of trade in services is affecting the collection of tax and adding to the burden of global debt, estimated at $19 trillion

Economy

Goats, sheep drive India’s livestock numbers

The number of camels, pigs, donkeys, horses, mules, ponies and indigenous cattle breeds has drastically declined

Economy

Economics Nobel 2019: Why Banerjee, Duflo and Kremer won

Through the award, the Nobel committee recognised both the significance of development economics in the world today and the innovative approaches developed by these three economists

Economy

Ecuador annuls austerity decree, restores fuel subsidy

Decree 833 will be replaced with a new one that contains mechanisms to focus resources on who needs it most, said President Lenín Moreno

Economy

UN reports demands review of non-tariff measures to boost world trade

If implemented in the right trade, such measures can help in achieving sustainable development goals

Economy

Indian-origin economist in trio selected for 2019 Economics Nobel

Mumbai-born Abhijit Banerjee, wife Esther Duflo and Michael Kremer won the prize for their approach to fight global poverty 

Economy

India's industrial production shrinks 1.1% in August

Quick estimates show declines in manufacturing, electricity andnegligible growth in mining

Economy

Small businesses provide most jobs in under developed, developing nations: ILO

Policy makers need to focus on informal sector and small economic units to address fundamental challenges of employment creation and improvement of job quality

Economy

Decline in mobility post-demonetisation spurred present economic crisis: Pronab Sen

While we hear a slowdown in demand in the urban corporate sector, the problem actually lies in rural India

Economy

Worry for economy: Labour’s contribution to income keeps dipping

Income is being transferred from workers to capitalists, finds the latest UNCTAD report

Economy

One-third of global business leaders don’t believe in integrating SDGs: UN study

Lack of knowledge and global economic slowdown major reasons behind this hesitance, found the UN Global Compact-Accenture Strategy CEO Study on Sustainability 2019

Economy

Private sector not dependable to achieve SDGs: UNCTAD

Its contribution to developing countries’ debt increases to 139% of GDP in 2017 from 79% in 2008

Economy

RCEP deal to make investors stronger, people weaker, says trade group

The deal will affect access to medicines and seeds by raising the standards of intellectual property rights, claims Forum of Trade Justice

Economy

No worries, government assures dairy industry on RCEP

India’s homegrown dairy industry would require a support of around Rs 8-10 per kilogram of milk if the government allows import of dairy products from New Zealand and Australia under RCEP 

Economy

Israel's fiscal standoff impacts environment, health of Palestinians: UNCTAD

People living in Gaza, the West Bank including East Jerusalem are facing major shortage of electricity, access to good quality water, destruction and disrepair of the sanitation infrastructure

Economy

$1.5 trillion global trade finance gap affecting SDG targets: ADB

Women entrepreneurs and small and medium-sized enterprises are the worst-hit

Economy

As Amazon burns BlackRock emerges as world’s largest investor in deforestation

The world’s largest institutional investor with US $6.5 trillion in assets is a global leader in financing forest destruction, new report says

Economy

Mozambique case study shows that poverty is about much more than income

Representing poverty as a well-defined objective condition focuses attention on symptoms and risks diverting attention away from underlying structural causes

Economy

Before Trump eyed Greenland: Here’s what happened last time US bought a large chunk of Arctic

The US purchased Alaska from Russia in 1867. It is today, one of the richest states with abundance of natural resources, such as petroleum, gold and fish and has vast expanse of pristine wilderness

Economy

What is an inverted yield curve? Why is it panicking markets, and why is there talk of recession?

The yield curve is a graph showing the relationship between interest rates earned on lending money for different durations

Economy

For 17 years, govt investment in agriculture dips across the world

In contrast to popular belief, agriculture’s share in global economy has been increasing