The preparatory meetings of government officers will now be held on 5 October from 3pm and on 6 October from 11am onwards, ahead of the GST Council meeting on 7 October.
Moody’s Ratings, in a recent report, said a new macroeconomic regime is driving differentiated repricing across financial assets, and at the heart of this shift is a move towards higher interest rates.
The 57th GST Council meeting, scheduled for September 12 has been rescheduled due to a clash with the BRICS Summit in New Delhi. The meeting is expected to discuss pending GST issues, including ITC, corporate guarantees and rate rationalisation.
India's updated gross domestic product methodology addresses past statistical issues, but downward nominal revisions and the sudden inclusion of the Producer Price Index raise credibility concerns.
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Prime Minister Narendra Modi made the appeal on September 1 in a video posted on Instagram from the Shanghai Cooperation Organisation summit in Bishkek, linking domestic spending choices with India's goal of becoming a developed economy by 2047.
President Trump pressures the Federal Reserve to cut interest rates, arguing that doing so could spur unprecedented economic growth. However, economists warn that this may reignite inflation
Federal Reserve chair Kevin Warsh faces pressure from President Trump to lower interest rates despite market expectations for a hike. A strong jobs report adds complexity, with next week's inflation data likely determining the Fed's decision on rates.
Japan’s JCR upgrades India’s sovereign rating to A- with a stable outlook after strong 7.8% GDP growth. Here’s what the BBB+ to A- upgrade means.
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In this weekly Plain Facts compilation, we present to you data-based insights, with easy-to-read charts, to help you delve deeper into the stories reported by Mint in the week gone by.
President Trump increased pressure on the Federal Reserve to lower interest rates, threatening trade cuts with countries with trade deficits.
Norway's $2.3 trillion sovereign wealth fund plans to cut government bonds from 70% to 50% of its portfolio to diversify risk and boost returns. This change could significantly impact US Treasuries, with holdings projected to drop by $75 billion, pending government approval.
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The previous all-time high had stood at USD 728.494 billion was attained during the week ended February 27 this year, right before the onset of the Middle East conflict.
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E-way bill generation remained above the 130-million mark for the fifth consecutive month in this fiscal year
Convened by the Sovereign Wealth Fund Institute (SWFI), the summit is designed to directly connect sovereign capital with bankable infrastructure, energy, and digital capacity projects across the 21 BRICS member states and partner nations.
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