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England has highest proportion of adults ‘overqualified’ for their jobs: Report

The OECD study assesses the literacy, numeracy and problem-solving skills of adults from 31 countries and economies.

Nearly two in five (37%) workers in England are overqualified for their current job, according to the Organisation for Economic Co-operation and Development (OECD)’s Survey of Adult Skills. (PA)
Published on Dec 10, 2024 05:03 PM IST
PA Media |

G20 agrees to tackle taxation of the super-rich, but forum not yet decided

G20-FINANCE/TAXATION:G20 agrees to tackle taxation of the super-rich, but forum not yet decided

G20 agrees to tackle taxation of the super-rich, but forum not yet decided
Published on Jul 27, 2024 07:43 AM IST
Reuters |

$115.9bn in climate finance raised: OECD

In 2009, at COP15 in Copenhagen, developed countries committed to a goal of raising $100 billion a year by 2020 to address the needs of developing countries

 (Representative Photo)
Updated on May 30, 2024 12:30 PM IST
ByJayashree Nandi

OECD ups world growth forecast but warns of Middle East ‘tensions’ risk

The OECD now expects a 2.9 percent expansion, up from 2.7 percent in its previous forecast in November.

A picture taken from Rafah in the southern Gaza Strip shows smoke rising over buildings in Khan Yunis.(AFP)
Published on Feb 05, 2024 04:55 PM IST
AFP |

OECD Survey: Mathematics, reading skills in unprecedented decline in teenagers

OECD said it had seen some of the steepest drops in performance since 2000 when it began its triennial tests of 15-year-olds reading, maths and science skills.

While more than half of the 81 countries surveyed saw declines, Germany, Iceland, the Netherlands, Norway and Poland saw particularly sharp drops in mathematics scores.(Shutterstock)
Published on Dec 06, 2023 10:25 AM IST
Reuters | , Paris

OECD calls for enhanced tax transparency on foreign real estate

OECD suggests automatic exchange of information & digitalised ownership registers to enhance tax transparency in real estate.

Representative Image (iStockphoto)
Published on Sep 09, 2023 02:49 PM IST
PTI | | Posted by Singh Rahul Sunilkumar

Over 30 countries agree to extend digital services tax freeze through 2024

More than 140 countries were supposed to start implementing next year a 2021 deal overhauling decades-old rules on how governments tax multinationals.

If at least 30 countries sign, then the freeze on national digital taxing rights will be extended through 2024 (Shutterstock)
Published on Jul 13, 2023 12:55 AM IST
Reuters |

US stimulus will boost global economy, Europe's economy still struggling

The Paris-based organization said it now expects global output to rise above pre-pandemic levels by mid-2021 after major economies showed greater resilience at the end of 2020, and as evidence of vaccine efficacy grows and governments add extra demand stimulus.

Employees work as they make respiratory masks in a family-owned medical equipment factory in north Miami, Florida on February 15, 2021(AFP)
Published on Mar 09, 2021 04:21 PM IST
Bloomberg |
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