Donald Trump clinched a historic victory in the U.S. presidential election, securing 295 electoral votes as of 9:00 A.M. IST, November 7th, 2024. Key to his win was his success in swing states like Florida, Ohio, and North Carolina, as well as flipping Pennsylvania (19 electoral votes) and Georgia (16 electoral votes) back […]
Fed delivers a smaller hike, indicating improved inflation outlook Apr 3, 2023 | 2023(February), Blog FOMC Meeting February, 2023 On February 1, US Federal Reserve hiked its interest rate by 25bps taking the range to 4.50% – 4.75%. This 25bps hike represents yet another deceleration in the Federal Reserve’s monetary policy tightening campaign. The Central […]
US Inflation – August Apr 3, 2023 | 2022(September), Blog September 14, 2022 US inflation has remained hot topic for several months now. The reason for the same is whether US inflation has hit its peak or not. It seems that US inflation has hit its peak from the way equity market is reacting. Exceeding […]
Introduction India’s retail finance industry has witnessed significant growth, primarily driven by Non-Banking Financial Companies (NBFCs). These companies have expanded their retail books rapidly, catering to the soaring demand for credit in the country.However, the industry is not without concerns. The rapid growth and intensifying competition have led to fears of a potential bubble forming […]
8th April, 2025 India: Under Pressure, Yet Poised for Opportunity Indian equity markets have experienced a broad-based correction in recent months. Key contributing factors include elevated valuations, a moderation in GDP growth, and reduced fiscal support. In response, the Reserve Bank of India has undertaken rate cuts and injected liquidity to help stabilize the […]
September 22,2022 Summary The Federal Reserve raised its target interest rate by three-quarters of a percentage point to a range of 3.00%-3.25% on Wednesday and signaled more large increases to come in new projections showing its policy rate rising to 4.40% by the end of this year before topping out at 4.60% in 2023 to […]
World Economic Calendar – August 2022 Apr 3, 2023 | 2022(August), Blog IN: India, US: United States, EC: European Union, UK: United Kingdom, CH: China, JN: Japan
Artificial Intelligence Creating The AssemblyLine For KnowledgeWorkers Generative AI made waves this year, from DALL-E-2 to ChatGPT. These tools areimproving the productivity of knowledge workers—~2x in the case of AI codingassistants.AI training cost declines continued at an annual rate of 70%, the cost to train a largelanguage model to GPT-3 level performance collapsing from $4.6 […]
4th September 2025 At its 56th meeting, which lasted over 10 hours, the GST Council approved next-generation reforms to the eight-year-old indirect tax regime, introducing a simplified structure of two main slabs—5% and 18%—along with a 40% demerit rate for super luxury, sin, and demerit goods. Aimed at reducing the tax burden on common people, […]
Fed rate hike continues – another 75-basis point Apr 3, 2023 | Blog continued to increase much over the Fed’s target rate. Fed officials except the problem to linger into next year. In a statement, the Fed official said, “In determining the pace of future increases in the target range, the committee will take into […]
