India

How much oil from Iran will be disrupted because of U.S. sanctions? American officials have gone back and forth on this, but many of the people who decide how much […]

When reports emerged that India and China are in talks about forming an oil buyers’ club, OPEC was probably too busy with its upcoming June 22 meeting to concern itself […]

Instead of a career as a lawyer, Kaushik Basu chose one as an economist and among his experiences, he worked as a policy maker, coming in contact with problems of […]

India and Switzerland have signed a deal that would allow both to automatically share tax-related data from 2019. The Automatic Exchange of Information (AEOI) will be implemented on January 1, 2018; the first year will involve collection of data in accordance with global standards.

Switzerland has been ranked for the past seven years as the world’s most innovative country by Cornell, the World Intellectual Property Organization and the INSEAD Business School.

So, Indian IT companies up North are looking up to Switzerland for the technical know-how in Robotics; economists consider Switzerland could emerge as a competitor to California, given the availability of technology, people and funding in Switzerland which are fuelling the robotics sector.

The India’s Income Tax (I-T) department is trying to find a way to tax bitcoin transactions, news agency Reuters reported on Wednesday quoting officials. The I-T department’s intent may be seen in the light of the surveys it conducted at nine bitcoin exchanges across the country.

In a big thrust to the Indian government’s crackdown on black money inside and outside the country, a key parliamentary panel in Switzerland has approved an automatic information exchange pact between the two countries.
India had sought an approval from Switzerland to get an instant access to the details on Indians with accounts in Swiss banks.

Volkswagen has become one of the world’s biggest carmakers with a full range of makes and models, including highly engineered vehicles that compete with the world’s best. Now it is returning to its roots with a simpler people’s car, only this time the people are the teeming billions in China, India and other emerging markets.

Volkswagen India’s automotive offerings are actually over delivering for the Indian market, according to Steffen Knapp, director of passenger cars, Volkswagen India. As told to the Economic Times (ET), the company will now be looking to develop more region-specific offerings from sub brand Skoda Auto.