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The U.S. Federal Reserve recently made a significant shift in its monetary policy by cutting its policy rate by a substantial half-percentage point. This move signals the Fed’s first rate cut since the pandemic and marks the beginning of a new phase of monetary easing. The Fed’s decision aligns...
In recent years, India’s small and medium enterprises (SMEs) have made a significant impact on the stock market, seizing attention with an unprecedented surge in initial public offerings (IPOs). These companies, which form the backbone of the Indian economy, have been using the stock market to raise billions in...
In early 2019, officials in a thriving factory town in China were optimistic about the future. The local economy was booming, a new industrial district was on the horizon, and an elevated light-rail system was taking shape. "The achievements of the past year have not come easily," Mayor Wu...
Union Budget
The Union Budget for 2023-2024, presented by the Finance Minister of India, outlines the government's economic and financial plans. That is for the coming fiscal year. The budget addresses various sectors and initiatives, to drive growth, improve the standard of living, and promote entrepreneurship. From investments in infrastructure and...