The economic outlook in major industrialised economies is improving with the United States and Japan leading the way, the OECD said on Monday, adding that activity in the euro zone was also picking up. ...
03:55 AM, Mar 12, 2013
Moscow: Russia has the world's largest number of illegal migrants, accounting for almost seven per cent of the country's working population, according to a report by the Paris-based Organization for Economic Cooperation and Development(OECD). The 2012 International Migration Outlook said 960,000 temporary labourer migrants came to Russia in 2010, more than twice as many as those entering the US. Former Soviet states remained the main migration sources for Russia with...
01:09 PM, Jun 29, 2012
New Delhi: Taking another step towards combating black money, India has signed a multi-lateral agreement with economic powers like France and Germany to check both tax evasion and avoidance. The agreement, convention on mutual administrative assistance in tax matters, is a multilateral agreement of 31 other nations which "promotes international co-operation while respecting the rights of taxpayers." The agreement has been signed under the aegis of the Organisation for Economic...
07:15 PM, Jan 26, 2012
New Delhi: The world community should pressurise tax heavens to share past banking information, as information shared from a prospective date won't serve the desired purpose, Finance Minister Pranab Mukherjee said on Monday. "While the countries have accepted to end bank secrecy in general, some countries have agreed to do so only from a prospective date and are not willing to exchange past banking information," Mukherjee said at a seminar...
06:46 PM, Jun 13, 2011
The average French person sleeps almost nine hours every night. ...
09:34 PM, May 04, 2009
