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Economy

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South Korea's Export Growth Moderates But Remains Resilient on Robust Chip Demand
Posted inEconomy

South Korea’s Export Growth Moderates But Remains Resilient on Robust Chip Demand

South Korea's export engine showed signs of moderation last month, yet robust global demand for semiconductors kept the nation's trade-reliant economy on a stable growth path. According to official data…
Posted by Prasenjit Bhowmik August 3, 2026
Federal Regulators Propose Sweeping Overhaul of Community Reinvestment Act
Posted inEconomy

Federal Regulators Propose Sweeping Overhaul of Community Reinvestment Act

Federal financial regulators announced a comprehensive proposal on Friday to overhaul the Community Reinvestment Act. The Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation introduced…
Posted by Prasenjit Bhowmik August 3, 2026
India's Credit Revolution: Women, Youth, and Non-Metro Towns Drive Unprecedented Loan Growth
Posted inEconomy

India’s Credit Revolution: Women, Youth, and Non-Metro Towns Drive Unprecedented Loan Growth

India is experiencing a massive transformation in its retail credit landscape, driven by an unprecedented surge in demand from women, younger consumers, and residents of non-metro regions. According to official…
Posted by Prasenjit Bhowmik August 3, 2026
RBI Projected to Maintain Interest Rates in August Amid Persistent Inflation Concerns
Posted inEconomy

RBI Projected to Maintain Interest Rates in August Amid Persistent Inflation Concerns

The Reserve Bank of India (RBI) is highly anticipated to keep its benchmark repo rate unchanged at 6.50% during its upcoming monetary policy review in August. Financial analysts and economists…
Posted by Prasenjit Bhowmik August 3, 2026
Commercial LPG Prices Slashed by ₹192, Offering Relief to Hospitality Sector
Posted inEconomy

Commercial LPG Prices Slashed by ₹192, Offering Relief to Hospitality Sector

State-run energy major Indian Oil Corporation (IOC) has announced a significant reduction in the prices of commercial Liquefied Petroleum Gas (LPG) cylinders, effective August 1. The price of a 19…
Posted by Prasenjit Bhowmik August 2, 2026
Inflation Forecasts Signal Higher Social Security Payouts by 2027 Amid Budgetary Concerns
Posted inEconomy

Inflation Forecasts Signal Higher Social Security Payouts by 2027 Amid Budgetary Concerns

WASHINGTON, D.C. — Recent economic forecasts indicate that American retirees could see substantially higher Social Security payouts by 2027. This anticipated increase is driven primarily by rising inflation projections, which…
Posted by Prasenjit Bhowmik August 2, 2026
RBI Concessional Swap Scheme Draws Over $40 Billion in Foreign Inflows
Posted inEconomy

RBI Concessional Swap Scheme Draws Over $40 Billion in Foreign Inflows

The Reserve Bank of India (RBI) has successfully drawn massive foreign capital into the country's financial system through its targeted monetary mechanisms. According to official data, the central bank's concessional…
Posted by Prasenjit Bhowmik August 2, 2026
Delhi Government Approves Lakshmi Yojana: Monthly Financial Aid of ₹2,500 for Women
Posted inEconomy

Delhi Government Approves Lakshmi Yojana: Monthly Financial Aid of ₹2,500 for Women

The Delhi government has officially approved the Lakshmi Yojana, a major social welfare initiative aimed at providing direct financial assistance to women across the National Capital Territory. Under this newly…
Posted by Prasenjit Bhowmik August 1, 2026
India's First-Quarter Fiscal Deficit Reaches ₹3.1 Lakh Crore Amid Surge in Infrastructure Spending
Posted inEconomy

India’s First-Quarter Fiscal Deficit Reaches ₹3.1 Lakh Crore Amid Surge in Infrastructure Spending

NEW DELHI — The Indian government's fiscal deficit reached ₹3.11 lakh crore during the first quarter of the financial year 2024-25, driven by a significant acceleration in infrastructure spending. Official…
Posted by Prasenjit Bhowmik August 1, 2026
India Poised to Emerge as Global Semiconductor Manufacturing Powerhouse, Says Qualcomm Executive
Posted inEconomy

India Poised to Emerge as Global Semiconductor Manufacturing Powerhouse, Says Qualcomm Executive

India is currently positioned at a pivotal juncture in the global technology landscape, with the potential to transform into a primary hub for semiconductor and electronics manufacturing. According to Nakul…
Posted by Prasenjit Bhowmik July 31, 2026

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