Economy
May 05, 2020
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Delhi imposes 70% ‘corona tax’ on alcohol to deter large crowds

Delhi imposes 70% 'corona tax' on alcohol to deter large crowds

By Ritu, Capital Sands Officials in India’s capital imposed a special tax of 70% on retail liquor purchases from Tuesday, to deter large gatherings at stores as authorities ease a six-week lockdown imposed to slow the spread of the coronavirus. Taxes on alcohol are a key contributor to the revenue of many of India’s 36 […]

Economy
April 30, 2020
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Euro zone economy shrinks at record rate, inflation slows sharply

Euro zone economy shrinks at record rate, inflation slows sharply

By Ritu, Capital Sands The Euro zone economy contracted at a record rate and by more than expected in the first three months of the year and inflation slowed sharply as much economic activity in March came to a halt because of the COVID-19 pandemic, data showed on Thursday. According to a preliminary flash estimate […]