Bhimavarapu
No mentions found
This entity hasn't been tracked yet, or Iris is still building its knowledge base.
Related Articles from SNS
India's cenbank cuts growth outlook, raises inflation forecast as it keeps rates steady at 5.25%
India's central bank on Friday held interest rates at 5.25% at a time when surging global energy costs have hammered its currency, while the Iran war risks accelerating inflation. The Reserve Bank of India was widely expected to keep rates steady, as per economists polled by both Reuters and CNBC. RBI raised its inflation projection for the financial year ending March 2027 by 50 basis points to 5.1%, while tempering the economy's growth forecast to 6.6% for the year, down from 6.9% projected...
Japanese bond yields are the highest in 40 years. The budget and a 'red flag' from PM Takaichi have markets nervous
Japanese Prime Minister Sanae Takaichi is compiling a supplementary budget to help households with the cost of living, but it's also created skepticism about whether she can stick to her promises about debt issuance. The budget was largely in line with market expectations, at about 3 trillion yen ($19 billion), but comes as Japan still struggles with higher energy prices, rising subsidy costs, and a weak yen. The budget also marks a reversal from her earlier position that extra spending was...
India scraps tax on overseas bond investors in bid to attract foreign capital and shore up the rupee
India is doubling down on measures aimed at attracting foreign portfolio investments, as capital outflows hit a record high. The government on Friday announced that it has exempted foreign investors and the Bank for International Settlements — a global financial institution owned by central banks— from income tax on any interest or capital gains. The exemption will take effect from April 1, 2026, as per the government's release.