Saudi officials ordered to arrest a citizen for abusing a non-Muslim expatriate for not embracing Islam. Saudi Arabia is a member of OIC that wrote to PM Modi on Islamophobia in India.

In India,  We have 30 car manufactures offering different cars in the market for the sale. With more than 44 banks offering the Car Loan, it makes a great place...

The seizure of a large cache of sophisticated weapons have also raised serious questions on how such weapons were smuggled to India.

There are several interesting aspects and facts from India's World Cup journey of how things turned out to be.

"Canada and the OECD have been working together for five decades to produce better policies for better lives. We must use this partnership to reshape the global economy according to new values of inclusiveness, environmental respect and creative interdependence", said Mr. Gurría.

This document contains the proceedings of a Roundtable on Vertical Restraints for On-line Sales held in the February 2013 session of the OECD Competition Committee. Discussions reviewed recent country experiences focusing on how e-commerce affects competition and what are the main vertical restraints competition issues.

The OECD invites interested parties to send a short description of strategies that might be considered to result in the artificial avoidance of the permanent establishment status in relation to base erosion and profit shifting.

Public comments are invited on a discussion draft which deals with action 4 (Interest deductions and other financial payments) of the BEPS Action Plan

On 18 December 2014, interested parties were invited to comment on the discussion draft on Action 4 (Interest Deductions and other Financial Payments) of the BEPS Action Plan. The OECD is grateful to the commentators for their input and now publishes the comments received.

A public consultation on BEPS Action Item 4 (Interest deductions and other financial payments) was held in Paris at the OECD Conference Centre on 17 February 2015.

The OECD today agreed a new framework that would allow all interested countries and jurisdictions to join in efforts to update international tax rules for the 21st Century. The proposal for broadening participation in the OECD/G20 Base Erosion and Profit Shifting (BEPS) Project will be presented to G20 Finance Ministers at their next meeting on 26-27 February in Shanghai, China.

Interested parties are invited to provide comments on a discussion draft which deals approaches to address BEPS involving interest in the banking and insurance sectors under Action 4 (Interest deductions and other financial payments) of the BEPS Action Plan.

The OECD publishes comments received on the discussion draft on approaches to address BEPS involving interest in the banking and insurance sectors under Action 4.

This paper presents statutory tax rates on several forms of capital income, including dividends, interest on bonds and bank accounts, and capital gains on shares and real property, including integration between the corporate and personal levels. It updates the rates from an earlier tax working paper and extends the analysis to consider the debt-equity bias of the tax system when the personal level of taxation is considered.

Building on BEPS Action 4, this practice note has been prepared by the OECD under a programme of co-operation with the Intergovernmental Forum on Mining, Minerals, Metals and Sustainable Development (IGF), to help guide tax officials on how to strengthen their defences against BEPS. Deadline for comment: 18 May 2018.

Exports (Bop) - Forestry Products&Building&Packaging Materials in Canada increased to 3479 CAD Million in March from 3391.40 CAD Million in February of 2020. Exports (Bop) - Forestry Products&Building&Packagi in Canada averaged 3120.28 CAD Million from 1988 until 2020, reaching an all time high of 4531.80 CAD Million in May of 2004 and a record low of 1596 CAD Million in October of 1991. This page includes a chart with historical data for Canada Exports of (bop) - Forestry Products&building&pac.

Deposit Interest Rate in Iraq decreased to 4.78 percent in 2016 from 4.86 percent in 2015. Deposit Interest Rate in Iraq averaged 6.80 percent from 2004 until 2016, reaching an all time high of 10.54 percent in 2008 and a record low of 4.78 percent in 2016. The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Iraq.

The benchmark interest rate in Iraq was last recorded at 4 percent. Interest Rate in Iraq averaged 6.67 percent from 2004 until 2020, reaching an all time high of 20 percent in December of 2007 and a record low of 4 percent in March of 2016. In Iraq, interest rates decisions are taken by the Central Bank of Iraq. The official interest rate is the Policy Rate. This page provides the latest reported value for - Iraq Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The benchmark interest rate in Gambia was last recorded at 12 percent. Interest Rate in Gambia averaged 18.64 percent from 2002 until 2020, reaching an all time high of 34 percent in September of 2003 and a record low of 12 percent in July of 2012. In Gambia, interest rates decisions are taken by the Central Bank of Gambia’s Monetary Policy Committee in its Monetary Policy Meetings. The CBG’s official interest rate is the policy rate. This page provides the latest reported value for - Gambia Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The benchmark interest rate in Burundi was last recorded at 5.22 percent. Interest Rate in Burundi averaged 9.87 percent from 2007 until 2019, reaching an all time high of 16.24 percent in July of 2012 and a record low of 5.07 percent in June of 2018. In Burundi, interest rates decisions are taken by the Monetary Committee of the Bank of Burundi. The official rate is the refinance rate. This page provides the latest reported value for - Burundi Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The FDI Regulatory Restrictiveness Index (FDI Index) measures statutory restrictions on foreign direct investment in 58 countries, including all OECD and G20 countries, and covers 22 sectors.

The benchmark interest rate in Myanmar was last recorded at 10 percent. Interest Rate in Myanmar averaged 10.04 percent from 2011 until 2020, reaching an all time high of 12 percent in December of 2011 and a record low of 10 percent in January of 2012. In Myanmar, the benchmark interest rate is set by the Central Bank of Myanmar. The benchmark interest is the Central Bank Rate. This page provides the latest reported value for - Myanmar Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Deposit Interest Rate in Uruguay increased to 5.12 percent in 2018 from 5.07 percent in 2017. Deposit Interest Rate in Uruguay averaged 46.13 percent from 1980 until 2018, reaching an all time high of 147.55 percent in 1990 and a record low of 1.83 percent in 2006. The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Uruguay.

The benchmark interest rate in Uruguay was last recorded at 14.30 percent. Interest Rate in Uruguay averaged 26.78 percent from 1998 until 2019, reaching an all time high of 173.90 percent in October of 2002 and a record low of 9.30 percent in July of 2007. The Central Bank of Uruguay abandoned the use of a single benchmark interest rate in 2013 to fight inflation and instead it started using money supply variables to guide policy. This page provides - Uruguay Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Deposit Interest Rate in Morocco remained unchanged at 3.10 percent in 2018 from 3.10 percent in 2017. Deposit Interest Rate in Morocco averaged 5.34 percent from 1980 until 2018, reaching an all time high of 8.50 percent in 1986 and a record low of 3.10 percent in 2017. The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Morocco.

The benchmark interest rate in Morocco was last recorded at 2 percent. Interest Rate in Morocco averaged 3.73 percent from 1995 until 2020, reaching an all time high of 7 percent in August of 1995 and a record low of 2 percent in March of 2020. In Morocco, interest rate decisions are taken by Morocco’s central bank, Bank al- Maghrib. The official interest rate is the key rate. This page provides the latest reported value for - Morocco Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The current low interest rate environment poses a significant risk for the long-term financial viability of pension funds and insurance companies, as they seek to generate sufficient returns to meet promises, according to a new OECD report.

Mr. Angel Gurría, Secretary-General of the OECD, will be in Bucharest on 5-6 April 2019 to attend the Informal Meeting of European Economic and Financial Affairs Ministers (ECOFIN).

Monthly monetary and financial statistics contains financial statistics on five separate subjects: monetary aggregates, interest rates, exchange rates, reserve assets, and share prices.

GDP From Agriculture in Nepal increased to 267458 NPR Million in 2018 from 254673.10 NPR Million in 2017. GDP From Agriculture in Nepal averaged 208699.90 NPR Million from 2001 until 2018, reaching an all time high of 267458 NPR Million in 2018 and a record low of 158416.88 NPR Million in 2001. This page provides - Nepal Gdp From Agriculture- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The benchmark interest rate in Nepal was last recorded at 6 percent. Interest Rate in Nepal averaged 6.73 percent from 2003 until 2020, reaching an all time high of 8 percent in July of 2012 and a record low of 5.50 percent in September of 2003. In Nepal, interest rates decisions are taken by the Nepal Rastra Bank. The official interest rate is the bank rate. This page provides - Nepal Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Deposit Interest Rate in Rwanda decreased to 5.39 percent in 2018 from 5.95 percent in 2017. Deposit Interest Rate in Rwanda averaged 7.64 percent from 1980 until 2018, reaching an all time high of 11.01 percent in 1996 and a record low of 5 percent in 1993. The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Rwanda.

Deposit Interest Rate in Brunei decreased to 0.31 percent in 2018 from 0.32 percent in 2017. Deposit Interest Rate in Brunei averaged 0.58 percent from 2004 until 2018, reaching an all time high of 1.17 percent in 2007 and a record low of 0.23 percent in 2012. The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Brunei.

The benchmark interest rate in Brunei was last recorded at 5.50 percent. In Brunei, the Monetary Authority of Brunei Darussalam does not set a benchmark interest rate. Instead, the Prime Lending Rate is utilized as reference. This page provides the latest reported value for - Brunei Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Deposit Interest Rate in Malawi decreased to 9.95 percent in the first quarter of 2017 from 11.41 percent in the fourth quarter of 2016. Deposit Interest Rate in Malawi averaged 15.43 percent from 1980 until 2017, reaching an all time high of 42 percent in the third quarter of 1995 and a record low of 3.50 percent in the first quarter of 2008. The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Malawi.

The benchmark interest rate in Mali was last recorded at 4.50 percent. Interest Rate in Mali averaged 4.03 percent from 2010 until 2020, reaching an all time high of 4.50 percent in December of 2016 and a record low of 3.50 percent in September of 2013. Mali is a member of the Economic and Monetary Community of West Africa (UEMOA). In UEMOA, interest rates decisions are taken by the Central Bank of West African States’ Monetary Policy Committee. The Central Bank of West African States’ official rate is the key interest rate. This page provides - Mali Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Impressive productivity performance during the last decades has weakened since 2007, reflecting the 2008-09 recession but also a poor performance in important sectors, like the information and communication technology sector.

The 2011 disaster and nuclear problems opened the door to a new energy policy, as they raised fundamental questions about the electricity system’s ability to prevent and respond to accidents.

Enhancing the productivity and competitiveness of the French economy will demand action on innovation and research, competition, education and vocational training, as well as on the functioning of the labour market, on public-sector efficiency, and on fiscal policy.

This paper studies the association between US long term interest rates and cycles of capital flows to emerging market economies (EMEs). It finds that, indeed, cycles in capital flows to EMEs are linked to global conditions, including global risk aversion and long term interest rates in the United States.

The current low interest rate environment poses a significant risk for the long-term financial viability of pension funds and insurance companies, as they seek to generate sufficient returns to meet promises, according to a new OECD report.

Excessive credit growth, poor risk assessment and lax lending standards in the run up to the 2008 global crisis led to unsustainable debt build-up in banks and related corporates.

World trade growth was rapid in the two decades prior to the global financial crisis but has halved subsequently.

Well-known global companies such as Google, Apple and Amazon of the digital era as well as more traditional ones of the likes of BMW, L’Oreal and Nestlé have recorded impressive productivity gains over the 2000s as they created more and more revenue per employee. At the same time, aggregate productivity growth in the OECD – that reflects the performance of all businesses not just the few most successful ones – has stagnated.

This paper explores the connection between “zombie” firms (firms that would typically exit in a competitive market) and bank health and the consequences for aggregate productivity in 11 European countries.

Costa Rica has made impressive economic and social progress in recent years, with robust economic growth facilitating near-universal access to education, health care and pensions.

With still large government debt and interest payments in many OECD countries, actively adjusting debt maturity can help to minimise debt servicing costs.

Consecutive years of primary deficits have led to mounting public debt of almost 50% of GDP, one of the fastest increases in Latin America over the last decade.

The discussion about a fiscal stabilisation capacity as a way of providing more fiscal integration in the euro area has strengthened in the aftermath of the European sovereign debt crisis.

With gross government debt surpassing 200% of GDP, Japan’s fiscal situation is in uncharted territory. In addition to robust nominal GDP growth, correcting two decades of budget deficits requires a large and sustained fiscal consolidation based on a detailed and credible multi-year plan that includes measures to control spending and raise revenue.