US banks are raising concerns over President Trump’s proposed 10% cap on credit card interest rates, warning it could limit credit access and harm consumers and small businesses. Industry groups argue such a move would be devastating and push users towards riskier alternatives, despite shared goals of affordability.
Exporters are receiving a significant boost with Rs 3,361.83 crore sanctioned under the Rs 20,000-crore Credit Guarantee Scheme for Exporters within its first month. This initiative aims to support businesses facing global trade headwinds, offering substantial credit guarantees to eligible exporters, including MSMEs, to enhance their competitiveness.
Decide your risk level on a calm day based on your life, not on the market. Write it down, turn it into an asset allocation (how much in equity, how much in debt), and then let that guide your choices.
Industry body PHDCCI has urged the government to establish a dedicated Green Bank in the upcoming Union Budget. This facility aims to attract private investment into green technologies like renewable energy and electric vehicles.
Budget 2026: PHDCCI pitches green bank to finance renewable energy, EVs and climate tech Read More »
Indian markets are on edge ahead of a crucial US Supreme Court ruling on Trump-era tariffs, which could either spark a sharp rally or intensify volatility depending on the scope of the decision.
India is poised for significant economic growth, with government policies providing momentum amidst global trade uncertainties. Principal Secretary Shaktikanta Das highlighted Atmanirbharta as a strategy for resilience, not isolation, enabling India to navigate a fragmented world and pursue sustained development.
A report by GTRI refutes US Commerce Secretary Howard Lutnick’s claim that a missed phone call from PM Modi stalled the India-US trade deal. The GTRI argues that substantive policy differences, not a lack of personal diplomacy, are the real reasons for the prolonged delay.
