S&P Global pegs world economic growth at 3 pc in 2025

S&P Global pegs world economic growth at 3 pc in 2025

S&P Global Ratings on Thursday forecast global economic expansion of 3 per cent in 2025 as growth slows in the US, China, and the Eurozone continues to recover, and emerging markets find their footing. “With easing inflation, resilient labour markets, and sturdy consumer spending bolstering economic activity in most developed markets, we expect steady growth […]

All you need to know about PAN 2.0

All you need to know about PAN 2.0

New Delhi, Nov 26 – Following the approval of the PAN 2.0 project by the Cabinet Committee on Economic Affairs, the Income Tax Department has issued a detailed clarification on the initiative through a set of 11 frequently asked questions (FAQs). This project aims to modernize taxpayer registration services and streamline PAN-related processes. What is […]

US Fed slashes interest rates by 25 basis points amid weakening labour market

US Fed slashes interest rates by 25 basis points amid weakening labour market

The US Federal Reserve has slashed interest rates by 25 basis points amid cooling inflation and a weakening labour market, marking the second rate cut in this easing cycle. “Since earlier in the year, labour market conditions have generally eased, and the unemployment rate has moved up but remains low. Inflation has made progress toward […]

PM Modi meets Tata Sons, Taiwan’s PSMC leaders as they build Rs 91,000 cr chip facility in India

PM Modi meets Tata Sons, Taiwan’s PSMC leaders as they build Rs 91,000 cr chip facility in India

New Delhi, Sep 26 Prime Minister Narendra Modi on Thursday met the leadership team of Tata Sons and Taiwan’s Powerchip Semiconductor Manufacturing Corporation (PSMC), which are building a Rs 91,000 crore mega semiconductor fabrication facility in Gujarat’s Dholera. In a post on X, PM Modi said he had “a great meeting with the leadership team […]