crude oil prices, opec, us oil reserve, donald trump and crude oil, donald trump, saudi arabia

US plays spoilsport with OPEC

President Donald Trump's proposal to sell half of the United States' strategic oil reserve runs counters OPEC's efforts to control supply in order to boost prices. May 23, 2017
gst rates, gst rate finalisation, gst on cars, gst on food items, gst exempt on, gst on services, arun jaitley, gst council meeting at srinagar

New GST rates leave service providers worried

The Goods and Services Tax will have rates of 5, 12, 18 and 28 percent for services such as telecoms, insurance and restaurants, and experts feel the four rate bands could complicate compliance and give more power to tax authorities. May 20, 2017