US Fed may delay rate cuts until economy shows weakness
The US Federal Reserve is expected to wait for clear signs of economic slowdown—particularly in the labor market—before cutting interest rates, according to economists and industry experts. The Federal Open Market Committee (FOMC) recently decided to hold the federal funds rate steady at
India-UK FTA to double trade, boost investments: Piyush Goyal
Union Commerce and Industry Minister Piyush Goyal said the India-UK Free Trade Agreement (FTA) is poised to double bilateral trade over the next five years while opening new avenues for investment. He was speaking at the India Global Forum (IGF) in London, alongside
Madhvani Group to invest ₹10,000 crore in India
Prime Minister Narendra Modi’s consistent outreach to the Indian diaspora is translating into tangible economic gains, with foreign direct investment (FDI) flowing into India. One of the latest success stories is the Madhvani Group, a globally diversified African business conglomerate with Indian roots.
Centre launches ‘GST Pakhwada’ to mark 8 years of tax reform
The Central Board of Indirect Taxes and Customs (CBIC) has launched a nationwide campaign titled ‘GST Pakhwada’, running from June 17 to June 30, to mark eight years of the Goods and Services Tax (GST) regime ahead of GST Day on July 1.
Trump earned $57.4 million from crypto firm in 2024: Report
U.S. President Donald Trump earned approximately $57.4 million in 2024 from his cryptocurrency company, World Liberty Financial (WLF), according to a newly released U.S. Government Ethics report. The 234-page financial disclosure, filed for the year ending December 31, 2024, reveals that Trump earned
Modi pitches India’s growth at India-Cyprus CEO Forum
Prime Minister Narendra Modi addressed the India-Cyprus CEO Forum on Sunday, highlighting India’s rapid economic transformation and inviting Cypriot businesses to invest in the country’s growth story. Modi outlined India’s key reforms over the past decade, including the introduction of GST, corporate tax
Uniform Penalty-Free Withdrawals -72T/SEPP
By: Dr K C Gupta, YBB Personal FinanceSome people hesitate to contribute to IRA, 401k, 403b because they fear that themoney would be locked up until retirement. While the retirement money shouldn’t betapped for ordinary expenses, or kids’ college education, there are ways
Personal finance insights: Market sentiments, investment strategies & economictrends
By: Dr K C GuptaSENTIMENTS AAII Bull-Bear Spread -9.0% (below average). (Thursday-Wednesday)$NYA50R, NYSE %Above 50-dMA 64.39% (positive)$SPXA50R, SP500 %Above 50-dMA 70.40% (overbought, barely)Delta MSI 57.5% (positive)ICI Fund Allocations (Cumulative), 4/30/25OEFs & ETFs: Stocks 59.51%, Hybrids 4.20%, Bonds 18.28%, M-Mkt 18.00% INTEREST RATESCycle peak
Retirement Saving & Income
By: Dr K C Gupta RETIREMENT is an important topic for everyone – retirement SAVING for the young,retirement INCOME for the old. The top sources of retirement income are SocialSecurity, IRAs & 401k/403b. WORKPLACE PLANS are business & corporate 401k (pre-tax), Roth 401k (after-tax);school,
Vikram Misri highlights India-US tech and defense cooperation
Foreign Secretary Vikram Misri and Deputy NSA Pavan Kapoor held a closed-door roundtable with US business leaders in Washington, hosted by the US-India Strategic Partnership Forum (USISPF). The discussion focused on advancing critical and emerging technologies in defense and strategic sectors, with emphasis
US calls for fair and reciprocal trade in India talks
A senior US diplomat has called for “fair and reciprocal market access” in talks with Indian Foreign Secretary Vikram Misri, amid ongoing negotiations on a potential US-India trade agreement. Deputy Secretary of State Christopher Landau emphasized this principle during a meeting in Washington,
Pakistan and IMF to hold virtual talks on 2025–26 budget
Pakistan and the International Monetary Fund (IMF) are set to resume talks virtually on Monday to discuss key aspects of the 2025–26 fiscal budget, with a major focus on the gas sector’s circular debt crisis. According to government sources, Pakistani officials will present
Personal finance insights: Market sentiments, investment strategies & economictrends
By: Dr K C Gupta, YBB Personal FinanceSENTIMENTSAAII Bull-Bear Spread -8.5% (below average). (Thursday-Wednesday)$NYA50R, NYSE %Above 50-dMA 72.25% (overbought)$SPXA50R, SP500 %Above 50-dMA 79.00% (overbought)Delta MSI 56.9% (positive)ICI Fund Allocations (Cumulative), 3/31/25OEFs & ETFs: Stocks 59.32%, Hybrids 4.24%, Bonds 18.32%, M-Mkt 18.11% INTEREST RATESCME
IndiGo says Union govt to take decision on deal with Turkish carrier
IndiGo CEO Pieter Elbers has confirmed that the airline is fully compliant with all regulatory frameworks regarding its operations using aircraft leased from Turkish Airlines. However, he added that the decision to renew these leases lies with the Indian government. Elbers emphasized that
South Korea eyes edge over China in UAE high-speed rail bid
South Korea’s consortium has a competitive edge over China in the bid for the United Arab Emirates’ $13.6 billion high-speed rail project, according to Transport Minister Park Sang-woo. The consortium—comprising Korea National Railway, Korea Railroad Corp., Hyundai Rotem, and POSCO E&C—has cleared the
Meloni hosts US-EU trilateral talks in Rome
In a powerful gesture of transatlantic diplomacy, Italian Prime Minister Giorgia Meloni hosted US Vice President J.D. Vance and European Commission President Ursula von der Leyen in Rome on Sunday for informal trilateral talks. The high-level meeting was held on the sidelines of
South Korea, US to hold second round of tariff talks in Washington
South Korea and the United States are set to hold a second round of technical-level tariff talks in Washington this week, as both sides aim to finalize a comprehensive trade agreement by early July. A delegation from South Korea’s Ministry of Trade, Industry
Digital Life Certificate Campaign boosts pension reform
The Digital Life Certificate Campaign has transformed pension disbursal for the elderly, said Union Minister Jitendra Singh, highlighting its use of facial recognition to eliminate in-person bank visits. Addressing civil servants at the Lal Bahadur Shastri National Academy of Administration (LBSNAA), Singh said
Fund Yields
By: Dr K. C. Gupta What is your fund’s yield? That simple question doesn’t have a simple answer. To protect the investors, there are regulations about how funds report yields. But those regulations don’t apply to websites that report fund performance data, so
USTR Greer joins APEC talks in South Korea
US Trade Representative (USTR) Jamieson Greer arrived in South Korea on Wednesday to participate in the upcoming APEC Ministers Responsible for Trade Meeting, scheduled for Thursday and Friday at the International Convention Centre on Jeju Island, Yonhap reported. Greer is also expected to