Latest Updates Around The World
The International Monetary Fund’s upcoming review of U.S. economic policy is drawing attention across global markets, especially on Wall Street, where investors are closely watching signals on fiscal sustainability, trade imbalances and the trajectory of the U.S. dollar.The IMF will release its first annual assessment of US policy under Donald Trump’s administration on February 25, […]
MUMBAI: India’s consumer business leaders are seeking more tax cuts, broader measures to put money in the hands of the middle class and support consumption, which has picked up after months of sluggishness but risks being battered by external macro factors. CEOs are also pinning their hopes on the Budget to take measures to protect […]
India’s retail sales of cars by dealers are expected to remain flat in December, a dealer association said on Monday, driven by a recovery in demand after recent tax cuts that made some cars cheaper and continued year-end stimulus programs for consumers.Total sales grew 2.14% in November, the Federation of Automobile Dealers Associations (FADA) said, […]
The sequential image of food inflation also shows a loss of momentum for food inflation. | Photocredit: Thulasi Kakkat The prices of everyday goods and services can fall in the coming days, because recent reductions in indirect taxes by the government are starting to show their effect, according to a report from Bank of Baroda […]
Here he expands Bush’s tax cuts. (Photo by Alex Wong/Getty Images) Getty images In his first term as president, Barack Obama extended the reduction of the top rate of income tax to 35 percent to 2012, two years after the 2010 expiration date who had set his predecessor, President George W. Bush. Obama was the […]
