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WEF 2014: World needs fair tax regime for free markets, says Australian PM

Last Updated: Thursday, January 23, 2014, 20:32

Pitching for a fair taxation regime to preserve legitimacy of free markets, Australian Prime Minister Tony Abbott on Thursday said companies should pay taxes in a country where they earn revenue.

India's growth story intact, investors reposing confidence, says Sharma

Last Updated: Thursday, January 23, 2014, 20:15

Foreign investors continue to remain bullish on India and the government's measures to fast track project clearances have given a major boost to the country's growth story, Commerce and Industry Minister Anand Sharma said Thursday.

India can log 8% growth if we avoid past mistakes: Chidambaram

Last Updated: Thursday, January 23, 2014, 19:17

Asserting that reform measures and fast-tracking of the decision making process have yielded results, Finance Minister P Chidambaram on Thursday said India would certainly return to 8 per cent growth rate if past mistakes are not repeated.

Gold import curbs to stay until India has firm grip on CAD: FM

Last Updated: Thursday, January 23, 2014, 17:37

Finance Minister P Chidambaram on Thursday said curbs on gold imports can be rolled back only after India obtains a firm grip on the Current Account Deficit (CAD).

WEF 2014: Indian economy is like a super highway, says Friedman

Last Updated: Thursday, January 23, 2014, 16:58

Comparing the Indian economy to a super highway, noted economist Thomas Friedman has said he is optimistic about the growth potential of the country, which remains a true democracy.

Biz leaders favour policy changes for long-term value creation

Last Updated: Thursday, January 23, 2014, 14:37

Business leaders from across the globe have called for policy changes to encourage long term value creation instead of short-term profits and to restore trust between government, business and civil society.

Many Indian leaders give WEF meet a miss

Last Updated: Thursday, January 23, 2014, 12:54

While the rich and famous from across the world have assembled here for their annual talk-fest and networking for business, many top Indian business leaders like Mukesh Ambani and Rahul Bajaj have given this year's WEF Annual Meeting a miss.

Davos bosses tread warily in rocky emerging markets

Last Updated: Thursday, January 23, 2014, 10:37

Multinational companies are becoming more picky about emerging market investments as slowing growth in upstart economies and a recovery in the West takes the shine off a previous sure-fire strategic bet.

'Fed taper to lead to lack of short term growth, fall in rupee'

Last Updated: Wednesday, January 22, 2014, 21:00

The survey further said that growth in eurozone and emerging markets are threatened by quantitative easing.

Premature to use CPI as anchor for inflation target: Mayaram

Last Updated: Wednesday, January 22, 2014, 20:20

Mayaram further said that inflation targeting is done in countries which have more stable kind of pricing.

Room for rate cut as inflation moderating: Mayaram

Last Updated: Wednesday, January 22, 2014, 20:01

Arvind Mayaram on Wednesday said signs of moderation in inflation have strengthened the case for a cut in interest rates to boost economic growth.

AirAsia aims to start India operations by April: Tony Fernandes

Last Updated: Wednesday, January 22, 2014, 19:50

Low-cost carrier AirAsia, which has set up a joint venture with Tatas, expects to start India operations by April, its chief Tony Fernandes has said.