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CENTRAL GOVERNMENT POLICY
Centre cuts customs duty on crude and refined oilsThe Central government has announced a reduction in the basic customs duty on edible oils. Crude soybean oil and crude palm oil duties have...- ADB raised India’s FY27 growth forecast to 7%The Asian Development Bank has raised its FY27 India growth forecast to 7% from 6.6%, citing strong public investment and resilience in ser...
- FCNR(B): Has RBI bought forex stability at too high a cost?The FCNR(B) scheme attracted significant foreign currency deposits for the RBI. These deposits bolstered forex reserves and stabilized the ...
- Chicago Fed President Goolsbee rejects calls for Fed rate cuts to ease US debt burdenChicago Fed President Austan Goolsbee rejected calls for interest-rate cuts to ease the US government’s debt burden, warning that such a mo...
- Govt asks Microsoft to set up data centres closer to power generation sitesSpeaking at the launch of Microsoft's fourth India cloud region in Hyderabad, Krishnan said it was easier and more economical to build data...
- Charting the global economy: Fed officials raise interest ratesThat marks the shortest interval between such moves since 1990, when the central bank’s rapid policy tightening played a key role in bursti...
- 8th Pay Commission latest news: 8 demands from nursing staff in Chandigarh meetingThe Nurses Welfare Association engaged with the 8th Pay Commission officials to present crucial demands. They aim for an increase in starti...
- Vijay goverment opposes Navodaya schools over three-language policy, Supreme Court asks TN to change its approach towards teaching Hindi in schoolsSupreme Court has asked the Tamil Nadu government to reconsider its opposition to the Hindi component of Navodaya Vidyalayas and comply wit...
- Fed hike, RBI moves hand India bonds a fifth weekly lossIndian government bonds have fallen for five consecutive weeks. A Federal Reserve rate hike and RBI liquidity measures emboldened bond mark...
- Global Market: Foreign investors sell Asian bonds in August as global debt rout weighsForeign investors turned net sellers of Asian bonds in August, recording $457 million in outflows across South Korea, Malaysia, India, Indo...
- Global Market: J.P. Morgan sees BoE rates rising amid renewed inflation risksJ.P. Morgan expects the Bank of England to raise interest rates by 25 basis points in November and again in 2027 after holding rates at 3.7...
- Global Market Today: Asian stocks, bonds gain as oil extends declineMSCI’s regional equities gauge advanced 0.3% with South Korea’s Kospi index leading gains. That came after the S&P 500 Index rose 1.1% on T...
- Supreme Court urges Tamil Nadu to reconsider Navodaya Vidyalaya opposition over language policyThe Supreme Court urged Tamil Nadu to reconsider its opposition to Navodaya Vidyalayas. Justices asked the state to identify suitable land ...
- Global Market: Bank of England seen holding rates as UK inflation climbsThe Bank of England is expected to hold its 3.75% benchmark rate for a sixth meeting despite UK inflation rising to 3.1% in August. Higher ...
- Modi's governance model: Scaling trust, efficiency and growthGovernance transformation relies on technology and citizen engagement for efficient delivery. Digital identity and direct transfers have im...
- Indian bonds rise on short covering before Fed decisionIndian government bonds saw gains as crude oil prices retreated from recent highs. Traders squared short positions before the Federal Reser...
- Global Market: Klaas Knot tops list of potential Lagarde successors at ECBFrance may support former Dutch central bank chief Klaas Knot to succeed Christine Lagarde as ECB president in exchange for a French candid...
- Global Market: Japan’s Nikkei flat as investors await Fed, BOJ decisionsJapan’s Nikkei was largely flat on Wednesday as investors stayed cautious ahead of interest-rate decisions from the US Federal Reserve and ...
- Global Market: Bank of Japan poised for rate hike as oil prices fuel inflationThe Bank of Japan is expected to raise its policy rate by 25 basis points to a 31-year high of 1.25% as rising oil and import costs intensi...
- Bharatiya Mazdoor Sangh seeks doubling of EPF wage ceiling as wages riseThe Bharatiya Mazdoor Sangh seeks to double the wage ceiling for mandatory Employees' Provident Fund coverage. This trade union also wants ...
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