Tag Archives: PM

GST has transformed India’s economy: PM Modi in ‘Mann ki Baat’

NEW DELHI: In the 34th edition of his radio programme “Mann ki Baat”, Prime Minister Narendra Modi hailed the Goods and Services Tax (GST) and said the benefits of the landmark tax reform are already visible in the upswing in the country’s economy. “It has been one month since GST was implemented and its benefits can be seen already. GST has transformed ... Read More »

Africa A Top Priority For India, Says PM Narendra Modi At African Development Bank Meet

PM Narendra Modi said India was working with US and Japan to support development in Africa. GANDHINAGAR: Prime Minister Narendra Modi on Tuesday said that Africa was a top priority for his government’s foreign and economic policy and pitched for an Asia-Africa Growth Corridor with the support of Japan. PM Modi, who officially inaugurated the 52nd Annual Meetings of the ... Read More »

Sweden re-opens probe into 1986 murder of PM Olof Palme

Sweden is to re-open the investigation into the unsolved assassination of Prime Minister Olof Palme 30 years ago, officials say. Stockholm’s chief prosecutor, Krister Petersson, will head the new inquiry. About 10,000 people were quizzed following Olof Palme’s murder in 1986; 134 people claimed to have shot him dead as he left a cinema with his wife. The charismatic Social ... Read More »

BoE’s Carney pushes back against criticism from PM May

Bank of England Governor Mark Carney hit back at criticism from British Prime Minister Theresa May of the central bank’s low interest rates, saying on Friday that he would not “take instruction” from politicians on how to do his job. “Politicians have done a very good job of setting up the system,” Carney said. “Where it can be difficult sometimes ... Read More »

PM and Finance Minister say they’re open to RBNZ proposal for new Macro-Prudential measures, including debt-to-income limits

Prime Minister John Key and Finance Minister Bill English have signalled they are open to a potential Reserve Bank proposal to limit debt-to-income ratios, just as is currently done in Britain. Reserve Bank Governor Graeme Wheeler and Deputy Governor Grant Spencer said earlier today at their news conference releasing the latest half-yearly Financial Stability Report that they were seriously considering ... Read More »

David Cameron’s mother gave PM £200,000 gift

David Cameron’s mother gave him a £200,000 gift after his father’s death which could potentially avoid inheritance tax, his accounts show. In a first for a UK prime minister, Mr Cameron has released a summary of his tax returns from 2009-15 as he tries to defuse a row over personal finances. The two £100,000 payments were made a year after ... Read More »

Panama Papers: PM sets up anti-tax dodging task force

The government is to set up a new task force to investigate allegations of tax-dodging and money laundering in light of the Panama Papers leak. The unit will be led by HM Revenue and Customs and the National Crime Agency. It will also include specialists from the Serious Fraud Office and the Financial Conduct Authority. It was announced by Prime ... Read More »