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ECONOMIC STIMULUS
GST reforms: Refunds, wider ITC mark third phase of reform as India targets global supply chains, says PwC’s Pratik JainPwC’s Pratik Jain said the GST Council’s latest measures mark the third phase of the tax reform, shifting focus to bolder policy changes an...- Global Market: China stocks slide as tech valuations face earnings testChinese stocks fell after the holiday break amid renewed US-China tensions, higher US Treasury yields and concerns over elevated technology...
- Fed minutes show some officials want to prepare for market stressFederal Reserve officials noted the importance of preparing for potential bond market stress and adjusting their balance sheet. They expres...
- GST 2.0: Council to consider sweeping reforms to unlock tax credit, ease complianceIndia is set to implement significant reforms to the goods and services tax system, which will ease compliance. Changes may include the rel...
- As Brazil gears up for elections, US midterms signal a transformative year for global politics and democracyBrazil is preparing for a closely watched presidential election involving incumbent Luiz Inacio Lula da Silva and challenger Flavio Bolsona...
- Global Market: China factory activity returns to growth in September as AI boom supports industrial sectorChina’s factory activity returned to growth in September, with the official manufacturing PMI rising above the expansion threshold. Strong ...
- Global Market: Chinese stocks struggle near one-year lows as policy support disappointsChinese blue-chip stocks stayed near one-year lows despite Beijing’s latest credit, mortgage and investment support measures. The CSI 300 w...
- Global Market: Yuan heads for seventh straight quarterly gains as exporters boost dollar salesChina’s yuan strengthened against the dollar, heading for its seventh straight quarterly gain, supported by exporter dollar selling, strong...
- Why is your $1,390 IRS payment missing? What Americans need to know about the payment rumor and Trump’s $2,000 tariff dividendIRS relief payment and $2,000 tariff dividend: Rumors of a new federal stimulus check are circulating online again. Digital posts and unsol...
- US Market | Fed has sufficient reserves, strong rate control framework: PerliNew York Fed official Roberto Perli said the Federal Reserve has maintained effective control over short-term interest rates and sufficient...
- Global funds, same tech bet? The diversification trap Indian investors may missMany Indian investors mistakenly believe they diversify their portfolios by adding foreign countries. However, numerous global indices ofte...
- In 2018, CRF measured coral restoration's economic ripple across Florida Keys for 5 years. 7 years later, researchers found up to 144% local economic contribution per dollar spentCoral restoration activities in the Florida Keys generated significant economic returns. For every dollar invested, restoration contributed...
- India’s ‘sugar high’ warrants caution on RBI hikes, JPMorgan Chase & Co.’s Jahangir Aziz saysJPMorgan's Jahangir Aziz suggests India's economy is experiencing a temporary "sugar high" from past stimulus. He believes markets are anti...
- The mood, as per Moody's: Shocks keep coming, India keeps growingMoody’s has raised India’s FY27 real GDP growth forecast to 7% from 6%, citing the economy’s resilience amid the Middle East conflict and e...
- How Bessent, America's bond salesman, cornered Japan on big spendingIn a significant dialogue, US Treasury Secretary Bessent encouraged Japan to implement reforms in its fiscal and monetary policies. Aiming ...
- Global Market: China, Hong Kong markets slip as Fed signals more rate hikesChina and Hong Kong stocks fell on Thursday after the US Federal Reserve raised interest rates by 25 basis points and signalled another hik...
- 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 inflation risks put BOJ rate path in focusJapan’s inflation outlook is becoming increasingly sensitive to import costs, yen movements and supply shocks, raising concerns at the Bank...
- Trump, hoping to salvage midterms, makes a dubious pledge to give every US adult $5,000 if GOP winsPresident Donald Trump pledged $5,000 to every adult American if Republicans win elections. This extraordinary promise would cost over one ...
- Trump’s $5,000 dividend check: What we know about the promised payment, its $1.2 trillion cost and who would qualifyDonald Trump has proposed a $5,000 payment to each adult citizen if Republicans secure victory in Congress. This ambitious plan, estimated ...
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