Posted inEconomy India Opens FDI Policy for Export-Only Inventory E-Commerce OperationsIndia now permits 100 percent FDI in inventory-based e-commerce for exports to boost global trade opportunities for domestic manufacturers. Posted by Prasenjit Bhowmik July 24, 2026
Posted inEconomy U.S. Inflation Pulls Back in June as Gas Prices Drop 9.7% Following Energy SurgeUS consumer inflation cooled to 3.5 percent in June as a steep drop in gas prices brought relief and beat Wall Street expectations. Posted by Prasenjit Bhowmik July 24, 2026
Posted inEconomy U.S. Imposes New 10% to 12.5% Tariffs on Key Trading Partners Targeting Forced LaborDiscover how new US tariffs of up to 12.5% target global forced labor and establish a permanent trade framework following a key Supreme Court ruling. Posted by Prasenjit Bhowmik July 24, 2026
Posted inEconomy EPFO Enhances Digital Services with Instant Online UAN Recovery for Salaried WorkforceThe Employees' Provident Fund Organisation (EPFO) has reinforced its online self-service infrastructure, allowing millions of formal sector employees across India to instantly recover forgotten Universal Account Numbers (UAN) via its… Posted by Prasenjit Bhowmik July 24, 2026
Posted inEconomy US Tariff Relief Takes Effect for Indian Exports as Temporary Surcharge ExpiresUS importers and Indian exporters gain immediate relief as a temporary 10 percent US import surcharge expires, lowering trade costs for most goods. Posted by Prasenjit Bhowmik July 24, 2026
Posted inEconomy Fed Chair Kevin Warsh Signals Zero Tolerance for Inflation in High-Stakes Congressional TestimonyFed Chair Kevin Warsh signals a strict hawkish stance on inflation during his high-stakes debut testimony before Congress. Posted by Prasenjit Bhowmik July 24, 2026
Posted inEconomy U.K. Consumer Confidence Surges as Economic Outlook BrightensUK consumer sentiment reaches a two-year high as stabilizing inflation and regional economic boosts ease the cost-of-living crisis. Posted by Prasenjit Bhowmik July 24, 2026
Posted inEconomy NRI Fixed Deposit Rates: Key Differences and Top Bank Yields ExplainedCompare the latest NRE and NRO interest rates from top Indian banks to maximize your NRI fixed deposit yields and optimize your wealth. Posted by Prasenjit Bhowmik July 24, 2026
Posted inEconomy India Proposes Key E-Commerce Rule Shift to Allow Foreign Firms Export Inventory OwnershipIndia may soon allow foreign e-commerce firms to own export inventory, a major policy shift that could boost global retailers and cross-border trade. Posted by Prasenjit Bhowmik July 24, 2026
Posted inEconomy Mortgage Rates Surge to 6.58%, Hitting Highest Level in Nearly a Year Amid Inflation and Geopolitical PressuresUS mortgage rates have climbed to their highest point in nearly a year driven by rising Treasury yields and geopolitical tensions. Posted by Prasenjit Bhowmik July 24, 2026