MNC taxation and India’s dilemma
India is left with no funding option to mobilise more resources and no growth engine to rely on except government capex to boost growth in FY25 and later.
India is left with no funding option to mobilise more resources and no growth engine to rely on except government capex to boost growth in FY25 and later.
India received FDI of $84.8 billion in FY22, despite the impact of the pandemic and geo-political developments on investment sentiment.
The passing away of ITC chairman Y.C. Deveshwar marks the end of an era for ITC which he saw as an Indian multinational. Sanjiv Puri has now been named the new chairman and MD of the company.