Author: Shrineel Saraf
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FED Rate Cut: A Global Catalyst
The recent decision by the Federal Reserve to reduce interest rates by 50 basis points (bps) is a significant move aimed at stimulating economic growth by lowering borrowing costs. However, this decision has far-reaching implications beyond the U.S., affecting global…
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GIFT City Budget Proposal: Exemption for VC Funds
In a significant move to bolster investment and streamline regulatory processes, the recent budget proposal has granted an exemption to Venture Capital (VC) funds operating within Gujarat International Finance Tec-City (GIFT City). The exemption specifically pertains to the disclosure of…
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India’s FI-Index Rises to 64.2: A Positive Trend for Financial Inclusion
In March 2024, the Reserve Bank of India (RBI) reported a significant rise in the Financial Inclusion Index (FI-Index), reaching 64.2. This development underscores the country’s progress in expanding access to financial services and promoting inclusive economic participation. Understanding the…
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Direct Tax Collections Surge in FY25: A Positive Trend for India’s Economy
In the fiscal year 2024-25 (FY25), India witnessed a remarkable surge in net direct tax collections, reflecting the country’s economic resilience and recovery. According to official data, the net direct tax collection increased by an impressive 19.54%, reaching ₹5.74 lakh…