The US Federal Reserve’s decision to cut interest rates by half a percentage point is expected to positively influence the Indian economy by attracting foreign investments, stabilizing the rupee, and boosting stock markets. Although it may not significantly affect capital flows immediately, it could lower borrowing costs and encourage investment. Economists predict RBI might follow suit early next year.
Related Posts
How IIMs are shifting focus from campus placements to long-term employability of their graduates
The Indian Institutes of Management (IIMs) have shifted focus from short-term job placements to long-term employability. IIM Kozhikode has set up the CARE office, targeting […]
Pocket FM revenue surpasses Rs 1,000 crore in FY24, up 6x
Pocket FM’s revenue soared nearly sixfold to Rs 1,051.97 crore in FY24, while global losses narrowed by 21% to Rs 165 crore. The audio series […]
Can ICAI set quality rules for audit firms?
ICAI’s stance in a disciplinary case appears conflicting with its recently released Standard on Quality Management (SQM) for audit firms. ICAI claims the Companies Act […]