Angel Gurria re-elected to third term as OECD chief

Last Updated: Tuesday, May 26, 2015, 18:42

Former Mexican Finance Minister Angel Gurria was re-elected secretary general of the Organisation for Economic Cooperation and Development (OECD) Tuesday, giving him a further six years to press his agenda of innovation ahead.

Amazon starts declaring sales to pay taxes in 4 European countries

Last Updated: Tuesday, May 26, 2015, 17:09

Amazon has tax agreements in Luxembourg under which it recorded European sales and paid taxes on them in the tiny country instead of at the source.

Income inequality in India lowest among emerging nations: OECD

Last Updated: Thursday, May 21, 2015, 18:08

India has the lowest income inequality among all emerging economies, but it is much higher than most of the advanced economies, OECD said Thursday.

Oil glut worsens as OPEC market-share battle just beginning - IEA

Last Updated: Wednesday, May 13, 2015, 13:55

Global oil production exceeds demand by around 2 million barrels per day, or over 2%.

OECD says signs of US economy flagging, China loses more steam

Last Updated: Tuesday, May 12, 2015, 21:59

Economic growth appears to be flagging in the United States and continues to slow in China, while France and Italy are outperforming as the euro zone economy recovers, a monthly OECD measure showed on Tuesday.

India sees stable growth momentum, says OECD

Last Updated: Tuesday, May 12, 2015, 20:24

In 2015-16, Gross Domestic Product (GDP) growth is pegged at 8-8.5 percent.

OECD chief credits loose monetary policy for averting catastrophe

Last Updated: Wednesday, April 15, 2015, 16:22

The head of the OECD on Wednesday credited a wave of loose monetary policy for preventing a global economic collapse, but warned it was now up to governments to lift growth and safeguard their economies.

OECD says BOJ has done enough, warns of QQE risks

Last Updated: Wednesday, April 15, 2015, 10:40

Japan must be mindful of the risks of its massive monetary stimulus and speed up much-needed structural reforms to revive the economy, the OECD said on Wednesday, warning of delays in their implementation.

India poised for better economic growth: OECD

Last Updated: Thursday, April 9, 2015, 18:01

Paris-based think tank OECD Thursday said India's economic expansion continues to firm up even as growth is easing in the neighbouring China.

OECD chief welcomes European participation in China-backed bank

Last Updated: Friday, March 20, 2015, 13:36

The head of the OECD on Friday welcomed major European countries` participation in a new China-backed infrastructure bank, saying it would ensure the institution was run under existing global standards.