G-20 FMs back plan to stop use of tax havens
The Hindu
The the proposal would end a elf-defeating international tax competition, says Janet Yellen
Top finance officials representing most of the world's economy have backed a sweeping revision of international taxation that includes a 15% to deter big companies from resorting to low-rate tax havens. Also read: The Finance Ministers from the Group of 20 countries endorsed the plan at a meeting on Saturday, July 10, 2021. in Venice.
Japan's SoftBank Group said Saturday it plans to build a huge new gas-fired power plant in the US state of Ohio
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OpenAI plans to nearly double its workforce to 8,000 from 4,500 by the end of 2026, the Financial Times reported on Saturday, citing two people with knowledge
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Mines Ministry to auction 19 critical mineral blocks on March 23, expanding strategic resources for clean energy and technology sectors.
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Five top firms lose ₹1 lakh crore in market value, with HDFC Bank experiencing the largest decline of ₹56,124.48 crore.