Friday, 5 June 2015

Top Economy news of the day- June 5, 2015

The 161-member WTO urged India to undertake greater reform in its taxation regime even as it highlighted the need to further liberalise the country's FDI policy. 

Economic News
The 161-member World Trade Organization (WTO)urged India to undertake greater reform in its taxation regime even as it highlighted the need to further liberalise the country's foreign direct investment (FDI) policy.

Foreign direct investment (FDI) in India declined by 40 % year-on-year to US$2.11 bn in March 2015, the lowest in the last four months of 2014-15 fiscal.

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