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Treasury Secretary Bessent Advocates for a Bold 50 Basis Points Rate Cut by Fed in September

Olivia Carter 13 Aug, 2025

US Treasury Secretary Scott Bessent urges the Federal Reserve to cut interest rates by 50 basis points in September, citing missed opportunities in June and the need for new leader...

Business

India's Direct Tax Collections See a Dip: A 1.34% Fall to Rs 5.63 Lakh Crore Amid Refund Surge, Yet Gross Receipts Climb 3.17%

James Carter 12 Jul, 2025

India's net direct tax collections fell by 1.34% to Rs 5.63 lakh crore due to a surge in refunds, while gross receipts rose by 3.17%. Corporate tax collections declined, but non-co...

Business

India's GST Rates on the Brink of Reduction: Finance Minister Nirmala Sitharaman Reveals

Emily Rodriguez 09 Mar, 2025

Finance Minister Nirmala Sitharaman announces a potential reduction in GST rates, emphasizing economic reforms, trade negotiations, and the importance of prioritizing India's inter...

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