Will GST push 2% growth in India’s GDP?

Media reports predict that the advent of the Goods and Services Tax (GST) will boost GDP growth rates by 2–2.5% in India. Some even predict 4.5% GDP growth rates (GST to boost GDP by 4.2% or Rs 6.5 lakh crore: Fed Paper: The Economic Times). The newspaper doesn’t divulge details about the referenced research note. India’s Finance Minister Arun Jaitley says the... Continue Reading →

India IT job cuts: Information Technology (IT) employees challenge layoffs & firings

The mass firings at some of India's leading Information Technology Sector companies has not gone down well with the employees. Ex-employees of Indian Information Technology (IT) firms such as Cognizant, Wipro, and Tech Mahindra, who faced layoffs recently, are taking recourse against what they termed illegal and baseless job cuts, according to media reports. The complainants from Pune, India, have approached the Maharashtra... Continue Reading →

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