Banking & Financial Services
Income Tax Calculator
Personal Loan Calculator
Car Loan Calculator
Home Loan Calculator
World Bank News
GST returns filing: Realty companies still find process complex
Wed, Apr 18, 2018
A recent World Bank report had stated that the structure of India’s indirect tax is among the complicated ones in the world with high and larger number of tax rates.
GDP growth rate in India: World Bank forecast says 7.3 pct in 2018
Tue, Apr 17, 2018
World Bank acknowledged that disruptions from demonetisation and events surrounding the implementation of GST led to a setback in economic activity and a potentially larger negative effect on the poor and vulnerable.
Need to rethink migration policies to boost labour supply: IMF
Mon, Apr 09, 2018
Labour market policies and institutions, together with structural changes and gains in educational attainment, account for the bulk of the dramatic increase in the labour force attachment of prime-age women and older workers in the past three decades.
Now, get Reliance Energy connection in 15 days
Fri, Mar 23, 2018
Reliance Energy -- the first power utility in the world to get ISO 55001:2014 certification -- is the power distribution arm of Reliance Infrastructure Ltd serving three million customers spread across 400 sq.km in Mumbai suburban and surroundings.
Rahul Gandhi slams GST citing World Bank report; Smriti Irani rebuts him saying he is quoting selectively
Sun, Mar 18, 2018
Congress president Rahul Gandhi also tagged with his tweet a media report that quoted the World Bank report as saying that the Goods and Services Tax (GST) implemented by the government from July 1 last year was one of the most complex, with the second highest tax rate in the world among 115 countries which have a similar indirect tax system.
World Bank has an advice for Mumbai locals; here's what
Sun, Mar 18, 2018
World Bank country director Junaid Ahmad while stressing on the need to create strong public institutions, rather than the 'project by project' approach adopted currently. At present, the suburban train network handles over 6 million passengers a day across the four lines. The services are operated by the state-run Railways and are administered by the Central Railway and Western Railway both headquartered in Mumbai
PNB fraud: World Bank plays down scam, says not a systemic problem
Fri, Mar 16, 2018
The PNB scam has been accompanied by many other frauds, including the over Rs 3,600-crore Rotomac scam and others coming to light and cases being made by the national investigation agency Central Bureau of Investigation.
India GDP growth forecast: World Bank says 8 pct acceleration possible, but there is a catch
Wed, Mar 14, 2018
India GDP growth forecast: India's economic growth had slipped to a three year low of 5.7 per cent in April-June quarter of the current fiscal, though it recovered in the subsequent quarters. The economy is expected to grow at 6.6 per cent in the current fiscal ending March 31, as per the second advanced estimates of the Central Statistics Office (CSO), compared to 7.1 per cent in 2016-17. The earlier estimate was 6.5 per cent.
Cryptocurrencies: Goldman says most digital currencies will not survive
Thu, Feb 08, 2018
The value of cryptocurrencies soared in 2017 before slumping, with bitcoin losing nearly two-thirds of its value since mid-December.
GPR initiatives to enhance “ease of doing business" launched
Thu, Jan 25, 2018
The initiative comes in the wake of the government's commitment to achieve a position in the top 50 countries for “Doing Business” as per the rankings published annually by the World Bank.
India reclaiming place at growth leader, says IMF
Tue, Jan 16, 2018
After a short period of slowdown in the economy, India is reclaiming its place as a growth leader, first deputy managing director of the International Monetary Fund (IMF) David Lipton said.
India has huge potential, projects 7.3% growth in 2018, says World Bank
Wed, Jan 10, 2018
With an "ambitious government undertaking comprehensive reforms", India has "enormous growth potential" compared to other emerging economies, the World Bank said today, as it projected country's growth rate to 7.3 per cent in 2018 and 7.5 for the next two years.
What women citizens expect from Modi govt's upcoming Budget
Thu, Jan 04, 2018
On empowering women, the government's recent move to push the Triple Talaq bill will certainly empower the women of minority class if it becomes a law.
5 lakh farmers to benefit from climate resilient agriculture in Tamil Nadu
Tue, Dec 26, 2017
The project will rehabilitate and modernize about 4,800 irrigation tanks and 477 check dams, spread across 66 sub-basins, in delivering bulk water to irrigation systems.
Prabhu asks industry to set a timeline for $1 trillion manufacturing revenue
Mon, Nov 27, 2017
The share of manufacturing in GDP has been trending at 16-17 per cent for some years now and the previous Manmohan Singh government had set a target of taking this share to 25 per cent of GDP by the turn of 2025.
India to be high middle income economy by 2047: World Bank CEO
Sat, Nov 04, 2017
It credited India's "extraordinary" achievement of quadrupling of per capita income to reforms taken in last three decades.
PM hints at more measures for businesses on GST
Sat, Nov 04, 2017
The GST Council had announced several measures to ease problems faced by businesses last month.
India's jump of 30 places in biz ranking is very rare, says World Bank CEO
Sat, Nov 04, 2017
India moved for the first time into the top 100 of World Bank’s Ease of Doing Business global rankings due to sustained business reforms over the past several years.
Ease of Doing Business: 8 key areas that helped India jump 30 places
Wed, Nov 01, 2017
The World Bank on Tuesday said that India's ranking on the Ease of Doing Business rose 30 spots to stand at 100th position for the first time ever.
India GDP: IMF's forecast not surprising; problems way beyond demonetisation, GST
Thu, Oct 12, 2017
IMF and many economists have forecasted India's GDP growth to range between 6.5% to below 7% for fiscal year 2017-18 (FY18)