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Transparent tax system must: Raghuram Rajan

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Mumbai: In order to attract higher investments, the Indian taxation system should be more transparent, Reserve Bank of India (RBI) governor Raghuram Rajan said on Monday.

Speaking at a seminar here, Rajan stressed that the Indian tax system should be transparent and predictable to attract foreign investments.

According to him, to make products in India, a framework has to be created making it easy to do business in the country.

He also said the supply side issues have to be addressed so that prices were under control and the demand side was taken care of.

Stating that nine percent growth in economy was an aspiration, Rajan said the supply side constraints had to be removed while ruling out growth sans inflation.

He said the human capital in the country needed to be upgraded so that businesses get the kind of people it requires.

Rajan also called for greater coordination between leading central banks so that the monetary policies can be used in a more effective manner.

(IANS)

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Samsung Unveils Data Center SSD Line-up in India

The "883 DCT" is designed for servers used to safeguard critical data, including power loss protection and end-to-end data protection

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Samsung, galaxy, Ultrasound system
New Samsung Data Center SSD line-up now in India. Flickr

The new SSD portfolio promises to raise the efficiency when compared to legacy storage systems, thus requiring fewer servers and reduced power and cooling for a lower Total Cost of Ownership (TCO).

Samsung
The price of the new line-up ranges between Rs 9,599 and Rs 2,01,299 and will be available at retail outlets across India.

Samsung’s new SSD line-up has the “860 DCT” which is designed for servers that require SSD-levels of sustained performance and is suitable for various applications including content delivery networks.

The “883 DCT” is designed for servers used to safeguard critical data, including power loss protection and end-to-end data protection.

Also Read- Paytm Introduces ‘Social Community Platform’ Exclusively For Women

The “983 DCT” is a high-performance solution for servers using a non-volatile memory express (NVMe) interface, which allows for fast speeds and high responsiveness while the “983 ZET” is a cache memory solution that offers a new level of performance with ultra-low latency and breakthrough speeds and high reliability. (IANS)

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