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Union Finance Minister Nirmala Sitharaman speaks in the Rajya Sabha during the Budget session of Parliament, in New Delhi, Thursday, Feb. 13, 2025. | Photo Credit: PTI Food prices are expected to be under control in the coming year, going by advance estimates of crop output, but the government will keep monitoring prices and act…
NEW DELHI: Bahujan Samaj Party (BSP) President Mayawati took a swipe at the Union Budget 2025, saying it focuses more on politics than addressing people’s real problems. Finance minister Nirmala Sitharaman presented the budget on Saturday.Taking to social media platform X, Mayawati pointed out the struggles of India’s massive population, citing inflation, poverty, unemployment, and…
US Fed is in a holding pattern as it awaits more inflation and jobs data and clarity on President Donald Trump’s tariffs. The United States Federal Reserve is holding interest rates steady and gave little insight into when further reductions in borrowing costs may take place in an economy where inflation remains above target, growth…
Bank of Canada governor warned that a tariff war with the US would ‘badly hurt’ economic activity in Canada. The Bank of Canada (BOC) has trimmed its key policy rate by 25 basis points to 3 percent, cut growth forecasts and warned Canadians that a tariff war triggered by the United States could cause major…
Village women work under MGNREGA scheme at Jagannath Prasad village in Odisha | Photo Credit: Gerra Madhusudan 10751@Chennai The share of the Union Budget allocated for the social sector has declined rapidly in recent years. Data show that the outlays to most schemes under the rural development, education, health, and social welfare heads have either…
The return of United States President Donald Trump to the White House has delivered a jolt to the stewards of Canada’s $2.1 trillion economy. Already buffeted by domestic pressures such as stagnating growth and a housing crisis, Ottawa is now facing the threat of tariffs from the US, its biggest trading partner. Trump’s promise to…
NEW DELHI: Leader of opposition in Lok Sabha Rahul Gandhi on Monday targeted Prime Minister Narendra Modi and Aam Aadmi Party leader Arvind Kejriwal for not “speaking a word” on caste survey, rising inflation, Gautam Adani US indictment issue among others. “Prime Minister Modi and AAP national convenor Arvind Kejriwal do not even speak about…
Minutes of the December meeting show a division on decision to cut rates and the 0.25 percent cut was a ‘close call’. United States Federal Reserve officials at their meeting December 17-18 expected to dial back the pace of interest rate cuts this year in the face of persistently elevated inflation and the threat of widespread…
In November, a Cabinet Minister reportedly stated at a press conference that the Reserve Bank of India (RBI) should focus on growth and not be concerned with food price inflation. Though the Minister clarified that he was speaking in his personal capacity, it is not in the spirit of things that once the central bank…
When Julius Caesar’s Senate fixed January 1 as the ‘first day of the year’, the idea wasn’t only to ‘start afresh’. It was also when those in civil office were to set in motion their responsibilities. In that tradition, coming down from 45 BC, let the existing coalition government headed by Narendra Modi set out…
