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Economy

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Silvana Tenreyro Appointed as IMF Chief Economist
Posted inEconomy

Silvana Tenreyro Appointed as IMF Chief Economist

The International Monetary Fund (IMF) has officially appointed economist Silvana Tenreyro as its new chief economist, effective August 10. As a prominent academic and policy advisor, Tenreyro will transition from…
Posted by Prasenjit Bhowmik July 8, 2026
The Churn Challenge: Why Health Insurance Retention Rates Are Stalling
Posted inEconomy

The Churn Challenge: Why Health Insurance Retention Rates Are Stalling

The State of Policyholder LoyaltyIn a revealing analysis of fiscal year 2026 data, Mint's examination of NL-47 disclosures has unveiled that the average retention rate for top-selling retail health insurance…
Posted by Prasenjit Bhowmik July 8, 2026
RBI Maintains Firm Stance Against Legalizing Cryptocurrencies in India
Posted inEconomy

RBI Maintains Firm Stance Against Legalizing Cryptocurrencies in India

The Reserve Bank of India (RBI) has formally advised a parliamentary panel that cryptocurrencies should not be legalized within the country, citing profound risks to the nation's macroeconomic and financial…
Posted by Prasenjit Bhowmik July 8, 2026
The 8th Pay Commission: Assessing Potential Salary Shifts for Central Government Employees
Posted inEconomy

The 8th Pay Commission: Assessing Potential Salary Shifts for Central Government Employees

Central government employees in India are awaiting potential salary revisions as speculation surrounding the 8th Pay Commission intensifies. While the government has yet to make a formal announcement, discussions regarding…
Posted by Prasenjit Bhowmik July 8, 2026
Charting the Evolution of India-Australia Trade Post-ECTA
Posted inEconomy

Charting the Evolution of India-Australia Trade Post-ECTA

Strengthening Bilateral Economic TiesIndian Prime Minister Narendra Modi arrived in Australia this week for his second visit in two years, marking a pivotal moment to assess the bilateral economic trajectory…
Posted by Prasenjit Bhowmik July 8, 2026
Understanding Authorized Representatives in Income Tax Filings: A Comprehensive Guide
Posted inEconomy

Understanding Authorized Representatives in Income Tax Filings: A Comprehensive Guide

Taxpayers in India are increasingly utilizing the provision of appointing an authorized representative to manage their income-tax return (ITR) filings and related proceedings. As of 2024, the Income Tax Act…
Posted by Prasenjit Bhowmik July 8, 2026
Foreign Capital Flows Return to Indian Financials Amid Regulatory Optimism
Posted inEconomy

Foreign Capital Flows Return to Indian Financials Amid Regulatory Optimism

Foreign institutional investors (FIIs) aggressively returned to India's financial sector during the second half of June, marking a decisive shift in market sentiment after months of sustained selling. This resurgence,…
Posted by Prasenjit Bhowmik July 8, 2026
Tax Filing Deadline Approaches: Why Authorities Remain Firm on July 31
Posted inEconomy

Tax Filing Deadline Approaches: Why Authorities Remain Firm on July 31

With the July 31 deadline for filing Income Tax Returns (ITR) for the assessment year 2024-25 rapidly approaching, taxpayers across India are facing a critical window to submit their documents…
Posted by Prasenjit Bhowmik July 8, 2026
SBI Economists Propose Infrastructure Loans for Priority Sector Lending Amid Bond Market Stagnation
Posted inEconomy

SBI Economists Propose Infrastructure Loans for Priority Sector Lending Amid Bond Market Stagnation

SBI economists propose classifying infrastructure loans under Priority Sector Lending to boost capital flow amid bond market stagnation.
Posted by Prasenjit Bhowmik July 8, 2026
The Digital Arrest Epidemic: Indians Lose ₹4,000 Crore to Sophisticated Cyber Fraud
Posted inEconomy

The Digital Arrest Epidemic: Indians Lose ₹4,000 Crore to Sophisticated Cyber Fraud

Indians lost ₹4,000 crore to digital arrest scams; learn how these sophisticated cyber frauds work and protect yourself from becoming the next victim.
Posted by Prasenjit Bhowmik July 7, 2026

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