Economy

India to be extremely attractive business place Greater digitization and formalization of the economy will encourage all kinds of start-ups and create an ecosystem both in term of tax incentives and provide capital, Finance Minister Arun Jaitley told Singapore Fintech...

A Billion dollar Blockchain Mining business by NRI A Singapore-based young Indian entrepreneur is in the process of creating a huge multimillion dollar mining infrastructure to support blockchain businesses across Asia, including India. Vikas Gupta, CEO at Miners at Work...

India-HK avoidance of double taxation approved A Tax Agreement will stimulate flow of investment, technology and personnel from India to Hong Kong and vice versa, prevent double taxation and provide for exchange of information between the two Contracting Parties. The...

Indian economy still coming to terms Taimur Baig. Radhika Rao. By Chief Economist, Taimur Baig and Economist Radhika Rao. A year after the government of India scrapped high denomination currency notes (around 80% of currency in circulation), a wide range...

3.09 directors of inactive companies disqualified The Indian government continues its tough approach to eliminate corruption within businesses, having struck-off around 2.24 lakh companies that were inactive for a period of two years or more. Based on the massive drive...

PM’s Reform, Perform, Transform mantra works India has improved its much awaited global ranking on ease of “Doing Business” to 100 ranking out of the 190 ranked by the World Bank for this year. It leapt 30 ranks from 2017’s...

Loan to help Assam double farm income Green fields of Assam. World Bank loan to help double farm income. A World Bank’s US$200 million loan will help Assam simplify several regulatory procedures related to doing business, agricultural marketing, and fisheries...

Capital support of Rs.2.11trn from recap bonds/fund raising The Finance Ministry unveiled a package of measures, to raise infrastructure spending, particularly road, highways, support small and medium businesses and helping the banking sector, noted Singapore banking group DBS in its...

Ambitious TITP programme for Indian interns   Japan will provide on-job training for 300,000 Indian youths as part of the Indian government's skill development programme, the skill development and entrepreneurship minister Dharmendra Pradhan has said. Japan will also bear the...

DBS sees festive-driven demand and good monsoon in India The Indian government's policy fine-tuning is likely in the coming weeks as it has just done so with Goods and Services Tax (GST), said Development Bank of Singapore (DBS) in its...