fed nomination

Federal Reserve board nomination: Senate panel clears Trump pick Stephen Miran; Democrats flag loyalty test risk

September 10, 2025

The US Senate committee has approved Donald Trump’s nominee, Stephen Miran, for the Federal Reserve board. Democrats are worried about Miran’s loyalty to Trump. They ...

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GST has to be paid on discounted price: CBIC

September 13, 2025

Decoding GST on Discounts: What Businesses Need to Know The world of Goods and Services Tax (GST) can sometimes feel like navigating a maze. Just ...

GST revamp: Goods and services tax not applicable on these post-sale discounts; here is what experts say

September 13, 2025

The Central Board of Indirect Taxes and Customs provides clarity on Goods and Services Tax. GST will not apply to post-sale discounts offered by manufacturers ...

Chinese auto market: Govt unveils plan to ‘stabilise’ sector; emphasis on ‘cost surveys and price monitoring’

September 13, 2025

China has introduced a two-year plan to stabilize its car industry amidst price wars and trade tensions. The initiative, spearheaded by eight government departments, focuses ...

China gold licences: Yellow metal’s largest buyer to ease rules; continues to diversify away from dollar reserves

September 13, 2025

China is easing gold import/export licensing, aiming to diversify reserves from the US dollar. The People’s Bank of China (PBOC) plans to broaden the use ...

Real estate sector: Institutional investors infuse $80 bn since 2010; foreign capital dominates 57% inflows

September 13, 2025

India’s property market has attracted nearly $80 billion in institutional investments over the past 15 years, establishing itself as a preferred asset class. Foreign investors ...