The Smarter way to get your business news – Subscribe to BloombergQuint on WhatsApp The first foreign policy crisis of Narendra Modi’s second term as prime minister may be a war between two of India’s friends, America and Iran. As Indians cast and counted their ballots, American and Iranian leaders beat their drums: Continue Reading. […]
Housing Affordability Has Worsened In India, Says RBI
The Smarter way to get your business news – Subscribe to BloombergQuint on WhatsApp Housing affordability worsened in India in the last four years. Indians now spend a bigger proportion of what they earn on buying a home than in 2015, according to the Reserve Bank of India’s residential asset price monitoring survey of 13 […]
BQExplains: How India Earns Its Revenue
The Smarter way to get your business news – Subscribe to BloombergQuint on WhatsApp The Indian government, like most others, gets most of its revenue by taxing citizens, corporations, goods and services. As part of its budget presentation, the government presents a receipt budget, which lays down its source of earnings. Gross tax revenue estimates […]
States Likely To Narrow Fiscal Deficit In 2019-20, Says Yes Bank
The Smarter way to get your business news – Subscribe to BloombergQuint on WhatsApp The states that doled out farm loan waivers saw their fiscal deficit widen in the revised estimates for 2018-19 from the initial budget forecasts. But, according to Yes Bank’s assessment, deficit indicators are expected to improve in the ongoing financial year. […]
The U.S. Is Purging Chinese Cancer Researchers From Top Institutions
The Smarter way to get your business news – Subscribe to BloombergQuint on WhatsApp (Bloomberg Businessweek) — The dossier on cancer researcher Xifeng Wu was thick with intrigue, if hardly the stuff of a spy thriller. It contained findings that she’d improperly shared confidential information and accepted a half-dozen advisory roles at medical institutions in […]