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Economy

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RBI Blocks Defaulting Borrowers from Buying Back Distressed Assets in Regulatory Crackdown
Posted inEconomy

RBI Blocks Defaulting Borrowers from Buying Back Distressed Assets in Regulatory Crackdown

The Reserve Bank of India (RBI) has tightened its regulatory grip on the financial sector by barring banks and non-banking financial companies (NBFCs) from selling acquired stressed assets back to…
Posted by Prasenjit Bhowmik July 17, 2026
U.S. Imposes 25% Tariff on Brazilian Goods Following Yearlong Trade Investigation
Posted inEconomy

U.S. Imposes 25% Tariff on Brazilian Goods Following Yearlong Trade Investigation

The United States government announced on Tuesday the imposition of a 25% tariff on a select range of Brazilian imports, concluding a yearlong investigation by U.S. trade officials into what…
Posted by Prasenjit Bhowmik July 16, 2026
Bank of Korea Hikes Interest Rate for First Time Since 2023 Amid Rising Geopolitical Inflation
Posted inEconomy

Bank of Korea Hikes Interest Rate for First Time Since 2023 Amid Rising Geopolitical Inflation

SEOUL — The Bank of Korea raised its benchmark interest rate on Thursday for the first time since 2023, taking decisive action to curb accelerating domestic inflation fueled by escalating…
Posted by Prasenjit Bhowmik July 16, 2026
Bengaluru-Chennai Bullet Train Moves Closer to Reality as NHSRCL Opens Pre-Construction Tenders
Posted inEconomy

Bengaluru-Chennai Bullet Train Moves Closer to Reality as NHSRCL Opens Pre-Construction Tenders

The National High Speed Rail Corporation Limited (NHSRCL) has officially invited bids for pre-construction activities on the proposed Bengaluru-Chennai high-speed rail corridor. This pivotal step, announced in New Delhi, kickstarts…
Posted by Prasenjit Bhowmik July 16, 2026
Beyond the Charts: How to Smartly Evaluate an Underperforming Mutual Fund
Posted inEconomy

Beyond the Charts: How to Smartly Evaluate an Underperforming Mutual Fund

Financial advisors across global markets are urging retail investors this quarter to reassess how they evaluate underperforming mutual funds, warning that chasing short-term chart-toppers often leads to poor long-term returns.…
Posted by Prasenjit Bhowmik July 16, 2026
U.K. Economy Edges Into Growth Amid Persistent Energy Pressures and Geopolitical Tensions
Posted inEconomy

U.K. Economy Edges Into Growth Amid Persistent Energy Pressures and Geopolitical Tensions

Although the UK economy returned to growth in May, high domestic energy costs and rising global tensions threaten to stall this fragile recovery.
Posted by Prasenjit Bhowmik July 16, 2026
BMW Recalls Plug-In Hybrids Over Serious Engine Starter Fire Risk
Posted inEconomy

BMW Recalls Plug-In Hybrids Over Serious Engine Starter Fire Risk

Find out if your car is affected by the recent BMW recall of nearly 30,000 plug in hybrids due to a dangerous engine starter fire hazard.
Posted by Prasenjit Bhowmik July 16, 2026
Why Millions of Indian Policyholders are Surrendering Life Insurance Before Maturity
Posted inEconomy

Why Millions of Indian Policyholders are Surrendering Life Insurance Before Maturity

Discover why millions of Indian policyholders are surrendering their insurance policies early and how this trend is reshaping household savings.
Posted by Prasenjit Bhowmik July 16, 2026
India Calibrates Energy Taxes: Diesel and Jet Fuel Export Duties Rise as Petrol Levy Cuts Back
Posted inEconomy

India Calibrates Energy Taxes: Diesel and Jet Fuel Export Duties Rise as Petrol Levy Cuts Back

On July 16, the Indian Central Government officially recalibrated its export duties on key petroleum products, raising levies on diesel and aviation turbine fuel (ATF) while simultaneously reducing the duty…
Posted by Prasenjit Bhowmik July 16, 2026
Fed Chairman Kevin Warsh Signals Unyielding Inflation Fight in Congressional Testimony
Posted inEconomy

Fed Chairman Kevin Warsh Signals Unyielding Inflation Fight in Congressional Testimony

On Wednesday, newly appointed Federal Reserve Chairman Kevin Warsh pledged to lawmakers during a high-stakes congressional hearing in Washington, D.C., that the central bank will deploy all necessary tools to…
Posted by Prasenjit Bhowmik July 15, 2026

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