Greece was living beyond its means even before it joined the euro. After it adopted the single currency, public spending soared.When the global financial downturn hit - and Greece's hidden borrowings came to light - the country was ...
Tags: Greece, Greece debt crisis, Grexit
The governments of India and Thailand have signed the double taxation avoidance treaty (DTAT). The treaty was among a number of important agreements signed by India’s external affairs minister Sushma Swaraj and Thai deputy prime ...
Tags: double taxation avoidance treaty, economic cooperation
Bangladeshi exporters, including apparel makers, will now have to pay 0.6 per cent tax at source on their income from export from the upcoming financial year, as the government slashed the rate from the proposed 1 per cent, according to ...
Tags: Bangla Apparel, Apparel
As Zubin Zarthoshtimanesh, a yoga guru, demonstrated postures at a high school stadium in Dujiangyan city, Sichuan province, some 200 students sat on colorful mats watching him closely. It was part of the first India-China international ...
Finance minister Arun Jaitley who is on a visit to the US, has said that economic reforms in the legislative pipeline can push India's growth rate above the current range of 7 to 7.5 per cent. India's economy, Asia's third largest, is ...
Tags: Arun Jaitley, economic reforms
China and Australia signed a long-awaited Free Trade Agreement (FTA) on June 17 in Canberra, Australia. The agreement ensures 85 percent of all Australian exports enter China tariff-free and 95 percent when the deal is in full force. ...
Tags: Free Trade Agreement, FTA
Solid waste management company Renew Bahamas has set up the first-of-its-kind materials recycling facility (MRF) in the Bahamas, to process residential and commercial waste. The unit, commissioned by Bahamas Prime Minister Perry Christie, ...
Meghalaya will soon have its own apparel and garment centre. Chief Minister Mukul Sangma recently laid the foundation stone of an apparel and garment centre to be set up under the North East Region Textiles Promotion Scheme, according to ...
Tags: Apparel, garment centre
India’s largest bank, State Bank of India is aggressively trying to grab a piece of the business in the digital commerce space and has tied up with three major e-commerce players in the last two days. On May 21, SBI signed two ...
Tags: State Bank of India, E-Commerce
Union textiles minister Santosh Kumar Gangwar said that Prime Minister Narendra Modi has given special attention to the ministry of textiles, with special focus on the north eastern region. The apparel and garment making centres were being ...
South Korean automobile major Hyundai is considering a third factory in India, highlighting the growing importance accorded to the Indian market. Hyundai Motor Group's chairman Mong-Koo Chung who recently met Indian prime minister ...
Tags: Hyundai, automobile major, Indian market
The government is working towards creating an ambitious grid programme in order to fulfill Prime Minister Narendra Modi’s vision of providing quality power to all by 2019, Minister of State with independent charge for Power, Coal and ...
Tags: Quality Power, Power Grid
The Australasian Railway Association (ARA) has expressed disappointment in the Federal Government’s 2015-16 Budget, which announced the lion’s share of transport infrastructure funding to go toward roads, and no new money for ...
Tags: Rail Industry, rail infrastructure
The government has clarified that it has not stopped giving subsidy on woollen yarn to weavers. The clarification comes after a Congress MP alleged that this subsidy was stopped in three states. "The Government of India clarifies hereby ...
Tags: Woollen Yarn, Subsidy
Bangalore based startup, Proyog, see themselves as the flag bearers of Prime Minister Narendra Modi’s ‘Make in India’ campaign. It will soon launch a global yoga wear brand designed, developed and manufactured entirely in ...
Tags: Yogawear Brand, Yogawear