• India's GST is one among the world's most advanced tax reforms

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    1: Will India, a $2 trillion (£1.5tn) economy with one.3 billion shoppers, currently become a very single market? Many believe the landmark product and services tax - passed into law by parliament on weekday, when years of filibustering by the ruling BJP and main opposition Congress - may be a key step in this direction. It is conjointly the foremost vital tax reform since independence for what's currently Asia's third largest economy. The GST subsumes India's mussy inordinateness of indirect taxes, duties, surcharges and cesses into one tax. It is expected to: ease a cumbersome tax ...Read More


  • Renault to launch Kwid with 1-litre engine soon

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    1: NEW DELHI: French auto major Renault will launch a new version of its small car Kwid this month, that will be powered by a 1-litre petrol engine, enhancing the offering of the "widely accepted" model in India. The company, which currently sells the Kwid with an 800cc engine, is looking to garner 5 per cent share in the Indian car market by the end of this year. "The Kwid has been widely accepted in the Indian market and we are ready to enhance our offering under the model range by launching a 1-litre engine version this month," Renault India Operations Country CEO & Managing Director Sumit...Read More


  • One of the world’s largest bitcoin exchanges lost $65 million

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    1: In another blow to bitcoin, one amongst the world’s biggest exchanges of the cryptocurrency suffered a vast security breach. Bitfinex, a bitcoin exchange registered in urban center declared weekday (Aug. 2) it had suffered a security breach that has forced the corporate to halt all mercantilism indefinitely. the corporate had however to spot the explanation for the breach, however aforementioned it'd work with enforcement ANd take down its web site as an investigation ensues: We square measure work the breach to work out what happened, however we all know that a number of our users have had ...Read More