Latest Updates Around The World
The global uncertainty and trade war hves cast some shadow on the growth benefit of India in the short term | Photocredit: Francis Mascarenhas Even while India is going through turbulence in the midst of the American mutual rate, the credit profile of the economy remains supported. We at CarEdge Global (CGIL) have awarded a […]
Fitch confirmed the American creditworthiness on “AA+” on Friday, and emphasized the concern about rising debt levels, while it also quoted that the large, high income economy of the country and the financing flexibility due to the role of the dollar as a worldwide reserve currency. High tax deficits and increasing government debt levels limit […]
Budget of the Union has projected the tax deficit at 4.4% for FY26 | Photocredit: Danish siddiqui It is unlikely that record surplus transfer by the reserve Bank of India (RBI) will lower the tax deficit for the current tax (FY2025-26), say various economists. However, a research memorandum from SBI expects the deficit to be […]
