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BUDGET TAX MEASURES
US Congress approves $70 billion for Trump immigration crackdownThe US Congress on Tuesday passed a $70 billion bill funding President Donald Trump's hardline immigration crackdown through the rest of hi...
India eyes more FDI, speed up divestment, asset monetisation as economy faces external risksIndia's government is set to accelerate reforms, focusing on attracting foreign investment and divesting assets. This strategy aims to main...
GDP growth momentum intact, no need for additional borrowing so far: Govt sourcesIndia's economy is navigating external challenges like rising import costs. However, domestic consumption remains strong, ensuring growth m...
UK to reimburse visa costs for firms bringing in overseas workersBritain is now reimbursing visa fees for fast-growing tech and innovation companies hiring international talent. This initiative, targeting...
RBI widens direct equity access for overseas investors, doubles investment limits under PISThe RBI has doubled investment limits for overseas individual investors under the Portfolio Investment Scheme and extended direct equity ac...
What steps India has taken to stem pressure on its external balance of paymentsIndia is taking steps to manage its currency's decline. Higher duties on gold and silver imports are in place. Import rules for silver have...
To bring the world, sell India better: The $200 million fix India needs to unlock a tourism windfallIndia's tourism sector faces challenges due to a near-zero overseas marketing budget. This has kept international arrivals below pre-pandem...
India's new GDP yardstick: What changed, what did not, and what every investor should now read differentlyIndia changed the base year used to measure its economy from 2011-12 to 2022-23. The first full-year provisional numbers under the new yard...
Charting the global economy: Jobs, inflation feed rate-hike betsStrong hiring across sectors and expanding manufacturing activity signal labor market strength, while upcoming US price data and ECB decisi...
What? Could your Social Security benefits be cut by $500 a month in 2032? Here's which states face the biggest losses from trust fund insolvencyFor millions of retirees, Social Security is more than a government benefit. It is a lifeline. New projections warn monthly checks could fa...
RBI MPC: A challenge Shaktikanta Das contained may be resurfacing againIndia's central bank, the RBI, confronts a new inflation challenge. Rising oil prices and supply disruptions threaten to undo recent progre...
Senate rejects first effort to bar Trump from creating $1.8 billion settlement fundSenate Republicans are facing challenges in passing funding for President Donald Trump's immigration agencies. Democrats are pushing for vo...
India considers spending curbs to protect fiscal deficit targetIndia's government is reviewing potential budget spending cuts. Higher oil prices are increasing subsidy costs and threatening fiscal goals...
Australia's lower house passes bill for biggest overhaul of taxes in decadesAustralia's parliament has approved a major tax reform. The government is curbing tax breaks for property investors to boost housing afford...
West Bengal government holds pre-budget talks with industry bodies'West Bengal's finance department met with industry leaders for pre-budget consultations. Stakeholders presented proposals to boost investme...
India meets FY26 fiscal deficit target of 4.4% of GDP; revenue deficit at 1.55%India's fiscal deficit reached the budgeted 4.4% of GDP for fiscal 2026. This eases immediate government finance worries. However, the focu...
RBI sees services exports, remittances cushioning current account in FY27India's current account balance will see strong support in 2026-27. Robust growth in software and business services exports will be a key f...