OECD

  • India poised to return to high growth path: OECD June 10, 2014

    New Delhi: India is poised to return to a high growth path while its BRIC peers Brazil, China and Russia are expected to record below-trend growth rates, an OECD report said on Tuesday. "CLIs (composite leading indicators) point to growth below trend in Brazil, China and Russia. Nevertheless, the CLI...
  • India, others sign pact for automatic sharing of tax info: Chidambaram May 12, 2014

    New Delhi: India and scores of other countries, including Switzerland, have adopted a global declaration for automatic exchange of tax information, Finance Minister P Chidambaram said on Monday. The adoption of the Declaration on Automatic Exchange of Information in Tax Matters last week comes in the backdrop of India stepping up...
  • India likely to see weak economic growth, says OECD April 8, 2014

    London: India and many major emerging economies are expected to see weak growth even as prospects have stabilised in most of the advanced countries, says a report by Paris-based think-tank OECD. Besides India, Brazil and Russia are likely to witness economic growth weakening whereas the prospects look better for China. The...
  • Governments to target Apple, other tech giants, for tax avoidance July 6, 2013

    Berlin/London: Western governments are set to target a range of tax loopholes used by technology giants including Apple, Amazon as part of an international drive to tackle corporate tax avoidance, a draft action plan seen by Reuters said. The Organisation for Economic Co-operation and Development (OECD), which advises its mainly rich...
  • India probably world's 3rd largest economy: OECD May 30, 2013

    London: India has probably surpassed Japan to become the world's third largest economy after the US and China, Paris-based think-tank OECD said on Wednesday even as it lowered the country's economic growth projection for 2013 to 5.3 per cent. "China will likely pass the United States as the world's largest...
  • Australia named 'happiest' developed nation again May 28, 2013

    London: Australia has been ranked as the world's happiest nation among developed economies for third year in a row, with a whopping 84 per cent of the country's population saying they are satisfied with their lives. The overall strength of its economy won Australia the top position in the Better...
  • Pranab among top forces dealing with 'Transfer Pricing' April 5, 2012

    New Delhi: Finance Minister Pranab Mukherjee has been ranked fifth in the list of top forces that effectively deal with disputes and other issues concerning transfer pricing, prepared by UK-based newsletter TPWeek. Besides Mukherjee, the other leading forces were Organisation for Economic Cooperation and Development (OECD), PricewaterhouseCoopers (PwC), ActionAid and Taskforce...
  • India economy showing signs of improvement: survey February 13, 2012

    Paris: The international economic outlook is showing tentative signs of improvement, with the momentum shift spreading from the United States and Japan to other developed countries, the OECD's December survey of growth prospects showed on Monday. The survey picture was mixed in the euro zone, where seven countries were now "pointing...
  • Wary about secret bank accouts, IT asks for oath January 8, 2012

    New Delhi: In order to guard against possible leakage of names figuring in the secret bank accounts lists it has received from foreign shores, the CBDT has ordered the IT department to obtain a signed undertaking from any government entity or department who demands the data for their own probe. The...
  • Global slowdown is over, declares OECD September 15, 2009

    New Delhi: The global downturn was effectively declared over on Monday by the Organisation for Economic Co-operation and Development (OECD) revealing that clear signs of recovery are now visible in all seven leading Western economies, as well as in BRIC (Brazil, Russia, India and China) nations. The OECD's indicators suggest that...
  • India outpaces China in job growth June 21, 2007

    New Delhi: China's fast-paced economic growth is no longer a model for India to follow, rather India is today racing neck-and-neck with the world's fourth largest economy and has even managed to outpace the dragon in certain areas. This was confirmed by the Organisation for Economic Cooperation and Development (OECD) in...