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'India champion for tax transparency'

Mint Mumbai

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December 15, 2025

India is a “strong champion” in implementing transparency measures against offshore tax evasion and its recent campaign asking taxpayers to correctly report their undisclosed foreign assets has led to disclosure of properties worth more than ₹29,000 crore, a top official of the Organisation for Economic Cooperation and Development (OECD) said.

Zayda Manatta, head of the OECD Secretariat, told PTI in an interview that these “notable” outcomes were a result of India’s “commitment” to global tax transparency and a

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Mint Mumbai

TOURIST ARRIVALS IN '25 SET TO DISAPPOINT

It is shaping up to be another difficult year for India's tourism industry. Foreign tourist arrivals (FTAs) have struggled in the first nine months and may once again fall short of pre-pandemic levels. The reasons are familiar-high costs compared with peer destinations, inadequate infrastructure, and lingering concerns around safety.

time to read

3 mins

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TCS lifts curtain to peg yearly revenue from Al at $1.5 bn

In a first for homegrown IT services companies, Tata Consultancy Services Ltd (TCS) has said it earns $11 billion from disruptive technologies, including $1.5 billion from AI.

time to read

2 mins

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Mint Mumbai

Coverage challenge

Can India's insurance sector help mobilize more long-term capital? How much of a differ- ence will the Centre's proposal of raising its foreign direct investment (FDI) cap to 100% from 74% make?

time to read

1 min

December 18, 2025

Mint Mumbai

Mint Mumbai

Panel wants bankruptcy appeals to be decided in three months

National Company Law Appellate Tribunal (NCLAT) should decide appeals filed before it in bankruptcy cases within three months, as timely decision-making at the appellate level is crucial for rapid resolution of distressed companies, the Lok Sabha select committee that reviewed the Insolvency and Bankruptcy Code (Amendment) Bill, 2025 has said.

time to read

2 mins

December 18, 2025

Mint Mumbai

Mint Mumbai

6 GHz showdown: Jio picks holes in Meta's $3 tn math

The debate over how India should allocate the highspeed 6 gigahertz (GHz) spectrum is only getting shriller as the auctions are expected next year.

time to read

3 mins

December 18, 2025

Mint Mumbai

Mint Mumbai

SUZLON AND INDIA'S NEW WIND ORDER

As Adani enters turbine manufacturing with characteristic scale and speed, the pioneer finds itself at a crossroads

time to read

9 mins

December 18, 2025

Mint Mumbai

Mint Mumbai

Adulteration war may spur premium dairy boom in cities

A renewed crackdown on adulterated dairy products, combined with a shift among urban consumers towards farm-to-table food, is reshaping the dairy market in the world's largest producer of milk.

time to read

3 mins

December 18, 2025

Mint Mumbai

The making of legends: Bollywood cashes in on its own mythology

A barometer check of India's obsession with its movie stars can be had on weekends outside an unmistakable bungalow in Juhu, central Mumbai, Bollywood star Amitabh Bachchan, when he's in town and can, steps on to a raised platform at the gates of his home, Jalsa, Sunday evenings to wave at a thronging crowd of fans.

time to read

2 mins

December 18, 2025

Mint Mumbai

Mint Mumbai

IBM India, WM Global expand office footprint in Bengaluru

IBM India Pvt. Ltd and WM Global Technology Services India Pvt. Ltd have signed large office lease deeds in Bengaluru, in two separate transactions, as global technology majors continue to expand their real estate office footprint in the country.

time to read

1 mins

December 18, 2025

Mint Mumbai

Let ‘digital collateral’ for loans drive credit inclusion

India's economy grew at a faster-than-expected 8.2% in the last quarter, driven by manufacturing and services as well as a recovery in private consumption.

time to read

3 mins

December 18, 2025

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