Coronavirus will keep East Asia and Pacific’s growth at lowest in over 50 years, says World Bank

More than 38 million people are expected to remain in poverty or get pushed back into poverty in the region, the bank said.

Scroll Staff

· Sep 29, 2020 · 01:20 pm

Covid-19 economic crisis: Is it fair for interest on loans under moratorium to be waived?

Depositors have to be paid, and borrowers who kept paying despite bad times will feel cheated.

Joydeep Ghosh

· Sep 29, 2020 · 09:00 am

RBI reschedules Monetary Policy Committee meeting set to begin from tomorrow; new dates soon

The bank did not provide a reason for rescheduling the key meeting.

Scroll Staff

· Sep 28, 2020 · 05:19 pm

Why the Right Wing has a massive advantage on Facebook plus ten more weekend reads

Eleven must-read pieces for your Sunday.

Scroll Staff

· Sep 27, 2020 · 09:30 am

Pay gap: Jindal Steel Works CEO earned 1,052 times more than average staff, reveals report

Reliance Industries was the only company that did not make the mandatory disclosures regarding the pay ratio.

Scroll Staff

· Sep 26, 2020 · 12:03 pm

‘I am a man of simple tastes who drives one car’: Anil Ambani tells UK court in Chinese banks case

The industrialist said his bank balance dropped overnight from Rs 40.2 lakh on December 31, 2019 to Rs 20.8 lakh on January 1, 2020.

Scroll Staff

· Sep 26, 2020 · 09:26 am

The precarious journey of Goa’s mining-affected and dependent

Those who depended on mining for their livelihoods want it resumed, albeit in a responsible way.

Supriya Vohra

· Sep 25, 2020 · 09:30 pm

Vodafone wins arbitration case against Indian government, will not pay Rs 20,000 crore tax liability

The international arbitration tribunal at The Hague ruled that India’s imposition of a tax liability is in breach of an India-Netherlands investment treaty.

Scroll Staff

· Sep 25, 2020 · 06:34 pm

Coronavirus: US announces $150 million to invest in training for H-1B workforce

The grant programme would be used to train a new generation of workers as well as upskill the current workforce.

Scroll Staff

· Sep 25, 2020 · 11:47 am

Centre violated GST Compensation Cess Act, used funds allocated for states elsewhere: CAG report

The auditor said the Centre used the money for other purposes, which led to overstatement of revenue receipts and understatement of fiscal deficit for the year.

Scroll Staff

· Sep 25, 2020 · 09:12 am

India’s cities drive economic growth but are short on resources. How can the gap be bridged?

In view of the adverse impact of the GST on the revenues of municipal corporations, inter-governmental transfers must be increased.

Meera Mehta

, 

Dinesh Mehta

 & 

Dhruv Bhavsar

· Sep 25, 2020 · 07:30 am

In charts: Things are getting better for India’s $370 billion non-banking financial sector

Despite the challenging macro-economic environment, the shares of leading NBFCs have shown a stellar performance since July.

Prathamesh Mulye, Qz.com

· Sep 24, 2020 · 09:30 pm