Budget could also look at tax rebates to stimulate housing demand, raising standard deduction, getting rid of redundant stock market taxes to encourage households to invest.
Rules-based framework should be put in place up front for govt to exit from Vi, sell 35.8% stake to public. This should prevent future govts from treating it permanently as PSU.
With both GDP and inflation rising, central banks around the world may hike interest rates leading to instability in financial markets. But it’s not all bad news.
More and more central banks are shifting their focus back to inflation even as growth recovery remains nascent. In this environment, RBI should avoid drastic policy responses.
Emergence of Omicron could pose downside risk to growth, while inflation is also edging up. Tolerating inflation to support growth was right call, but change is needed in future.
The post-Covid world is witnessing an explosion of the global digital services sector. This time it’s not just about software engineers.
An increasing number of...
Conservative activist Charlie Kirk, gunned down this week, was no ordinary influencer. He helped bring the Trump administration to power. His death has deepened America’s Left-Right divide.
While bond yields tend to fall amid low inflation & interest rate cuts, market experts say they’ve been rising due to concerns over tax collections, fiscal deficit & potential impact of US tariffs.
It is one of the most advanced long-range air defence and anti-missile radars. It has been acquired under an about USD 145-million deal signed in 2020.
To be truly functional and durable, even eternal, a state doesn’t just need a leader, a party or an ideology. It needs functional and robust institutions.
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