Keep up with major economic news and government policies that impact your finances. In our Economy & Policy section, you’ll discover easy-to-understand updates on inflation, interest rates, and other factors that shape your financial world.
Kunal Kamra, a renowned comedian, has once again sparked a nationwide conversation—this time about the wages of gig workers in India’s booming quick-commerce industry. Reacting to Blinkit CEO Albinder Dhindsa’s celebratory post about record-breaking New Year’s Eve orders, Kamra turned the spotlight on a pressing issue: the average earnings of Blinkit’s delivery partners. This article … Read more
China has once again revolutionized rail transport with the unveiling of its next-generation high-speed train, the CR450 prototype. Boasting a record-breaking test speed of 450 km/h, the CR450 is set to redefine global rail travel with its cutting-edge technology and focus on safety, energy efficiency, and passenger comfort. Breaking Speed Records with the CR450 The … Read more
The Korean currency, the won, recently plunged to a historic low against the US dollar, raising concerns about the economic and political stability of South Korea. The dollar-won exchange rate crossed the 1,460 mark for the first time since the global financial crisis of 2009, driven by a mix of domestic political turmoil and global … Read more
The name Radhika Gupta, the Managing Director and CEO of Edelweiss Mutual Fund has become synonymous with insightful perspectives on entrepreneurship and finance. In a recent social media post, Gupta highlighted the stark contrast between the romanticized image of startups and the harsh realities entrepreneurs face daily. Her candid observations have sparked widespread discussions, resonating … Read more
As December 2024 approaches, the festive spirit is accompanied by an important public holiday on Wednesday, December 25. This nationwide bank holiday marks Christmas Day, a joyous occasion celebrated globally to honor the birth of Jesus Christ. Beyond its cultural and religious significance, the holiday also brings implications for financial activities, educational institutions, and daily … Read more
December 20 marked a historic milestone for Sri Lanka as the island nation officially exited its sovereign debt default, a first since its independence in 1948. This development, supported by a $2.9 billion International Monetary Fund (IMF) bailout, signals a cautious recovery for the nation, but challenges remain. Key Highlights of Sri Lanka’s Debt Recovery … Read more