President Trump has openly clashed with Federal Reserve Chair Jerome Powell over interest rate policy, even threatening to remove him. This unprecedented pressure on the Fed’s independence raises concerns about potential destabilization of US financial markets. Experts warn that compromising…
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Indian banks, including HDFC Bank and SBI, are strategically reducing savings account interest rates by 25 basis points to protect profitability amid declining CASA ratios. This move aims to lower the cost of funds and improve net interest margins, even…
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UNCTAD projects India’s economy to grow at 6.5% in 2025, driven by strong public spending and monetary easing, despite a slight slowdown from 2024. While global growth is expected to be 2.3%, India is forecasted to be the fastest-growing economy.…
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Indian states are expected to see slower revenue growth in the financial year 2025-26 (FY26) compared to FY25, mainly due to weaker growth in non-tax revenue.
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India’s gold imports surged by 192.13% to $4.47 billion in March, driven by rising prices and strong investor confidence. This increase significantly impacted the country’s trade deficit, reaching $21.54 billion. While gold imports rose, silver imports contracted sharply. Overall, gold…
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In a bid to simplify GST registrations, the CBIC’s recent directive aims to reduce compliance burdens and standardize procedures. Experts laud the move, but the key question remains: Will field-level implementation ensure the promised relief for startups and businesses? Here’s…
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