The G-7 was a great idea — until it became one against six

The G-7 was a great idea — until it became one against six

Fifty years ago, it seemed like such a good idea. At the initiative of the West German and French leaders, the six leading industrialized democracies convened their first regular meeting to manage a troubled world — problems included the collapse of the Bretton Woods system, the oil shocks and stagflation. They later became the Group … Read more

G7 proposal on MNC tax: India wants wider ambit

G7 proposal on MNC tax: India wants wider ambit

India is likely to pitch for a wider application of the global proposal to tax multinationals endorsed by the G7, seeking that it cover all of those identified by the OECD and not just the top 100 as well as a higher share, said officials aware of the matter. Earlier this month, the G7 countries … Read more