'Don't expect major cuts in direct tax rates'

'You may see some movement indicating a simpler tax regime with less exemptions, but with fewer tax rates making life simpler for taxpayers.' Illustrations: Dominic Xavier/Rediff.com Rahul Bajoria......

Does OPEC still have a hold over crude prices?

Analysts forecast the fuel at $85 a barrel in 2015 and $90 a barrel in 2016. Conspiracy theories abound when it comes to the price movement in crude oil prices.  Brent crude oil price is down......

Indian economy back on track; key factors can play truant

Equity flows to domestic institutions have finally begun, with consistent monthly inflows in excess of $1 billion, notes Akash Prakash. Image: Big-ticket infra projects have started off in India......

India's current account deficit to improve in FY'14

India's current account deficit (CAD) is likely to witness a "gradual" improvement in the next two to three years and it is expected to come down to 3.9 per cent of the GDP this fiscal, says a......