GST rationalisation: Challenge and response

A revision of slab rates may create some disquiet, but, if cleverly crafted, it could be a game-changer for manufacturing

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OPEC trims 2021 demand forecast but says gas price surge could help

Opec now expects oil demand to grow by 5.82 million barrels per day, down from 5.96 million bpd in its previous forecast

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EU proposes tax breaks, caps to shield users from energy rally

The rally in natural gas to power and emission permits is hurting everyone from German chemicals producers to Spanish households just as the economy is recovering from the pandemic

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Coal prices rise to record in China as floods keep supplies tight

Futures gain 9% to intra-day record of $254.3/ton

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Members to reach $100-bn target for shifting reserves, says IMF chief

The IMF chief said the fund was putting in place measures to increase transparency about the use of any SDRs.

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South Korean drama 'Squid Game' is Netflix's biggest-ever launch hit

Squid Game has proved that Netflix's biggest advantage is foreign language TV

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Global debt jumps to new high of $226 trillion, says IMF report

Sees risk of sizeable sell-off in stocks

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Global energy crisis spurs scramble for prized diesel-rich crude

Diesel and fuel oil are expected to be the main oil-product beneficiaries of the crunch that's roiling Asia and Europe

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