India’s Economy Sustaining Growth Momentum as Inflation Slows – RBI Report

Introduction India’s economy has shown remarkable resilience in sustaining its growth momentum while witnessing a slowdown in inflation, according to a recent report by the Reserve Bank of India (RBI). This article delves into the key findings of the report, highlighting the implications for different sectors and shedding light on.

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The Lasting Impact of the Taper Tantrum: A Decade of Ripples – McGeever Analysis

Introduction The Taper Tantrum, a term coined to describe the market turbulence triggered by the Federal Reserve’s announcement of potential tapering of its bond-buying program in 2013, continues to reverberate in financial markets. This article delves into the analysis by McGeever, shedding light on the lasting impact of this significant.

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Ghana Central Bank Maintains Lending Rate at 29.5% – Ensuring Stability Amid Economic Challenges

Introduction The Bank of Ghana, the country’s central bank, has announced its decision to maintain the lending rate at 29.5%. This move comes as the nation faces significant economic challenges and strives to ensure stability in its financial sector. By retaining the lending rate at its current level, the central.

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Regulators Adopt New Measures to Address Generative AI, Like ChatGPT

Introduction Regulators are facing the task of addressing the unique challenges presented by generative artificial intelligence (AI) systems, including models like ChatGPT. As these AI technologies become more sophisticated and capable of generating human-like text, concerns arise regarding their potential misuse and ethical implications. This article examines how regulators are.

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Japan’s PM Kishida Confirms No New Tax for Childcare Policy Funding

Introduction Prime Minister Kishida of Japan recently confirmed that the government does not plan to introduce a new tax to fund the country’s childcare policy. This decision carries significant implications for Japan’s social welfare system and the financial burden on its citizens. This article examines the details of the announcement,.

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Impasse Continues as White House and Republicans Fail to Reach Agreement on Debt Ceiling Increase

A alternate meeting on Friday between White House and Democratic congressional mediators on raising the civil government’s$31.4 trillion debt ceiling broke up with no progress cited by either side and no fresh meeting set. With lower than two weeks remaining before the Treasury Department’s warning of a implicit dereliction, pressures.

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Biden Aims to Address Ukraine Crisis with Lula and Modi at G7 Summit

Introduction At the G7 summit in Hiroshima, U.S. President Joe Biden intends to hold discussions with Brazilian President Luiz Inacio Lula da Silva and Indian Prime Minister Narendra Modi on critical global issues, primarily focusing on the Ukraine crisis. Biden’s approach aims to foster constructive dialogue and emphasize the significance.

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G7 Warns Against Trade Weaponization, Seeks Economic Resilience and Security

Introduction: The Group of Seven (G7) nations, comprising some of the world’s most affluent democracies, have issued a warning to countries employing trade as a political weapon. While not explicitly mentioning China, the G7 leaders emphasized the consequences for such actions. At the summit held in Hiroshima, Japan, the G7.

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India Withdraws 2000-Rupee Notes from Circulation: Understanding the Decision and Its Implications

Introduction and Background India’s highest denomination currency note, the 2000-rupee note, introduced in 2016, will no longer be in circulation. While the note remains legal tender, citizens have been given until September 30, 2023, to deposit or exchange these notes. This decision draws parallels with the government’s shock move in.

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China’s Exports to North Korea Witness a Significant Surge in April, Including Wigs and Fertilizer

Introduction China’s exports to North Korea have shown a substantial surge in April compared to the previous year, as reported by the Chinese General Administration of Customs. The data revealed that outbound shipments to the isolated nation soared by 69% year-on-year, reaching a total value of $166 million. This significant.

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Bank of Canada Governor Expects Inflation to Normalize, Rules Out Rate Cuts in Near Term

Introduction: Bank of Canada Governor, Tiff Macklem, recently reaffirmed the central bank’s position on interest rates, highlighting that it is premature to contemplate any cuts. Speaking at a seminar hosted by Brazil’s central bank, Macklem explained that the Bank of Canada has been utilizing a pause in rate hikes to.

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Ghana Receives First Tranche of $600 Million from IMF Rescue Loan to Alleviate Economic Crisis

Ghana’s Finance Minister, Ken Ofori-Atta, confirmed on Friday the receipt of the first tranche amounting to $600 million from the International Monetary Fund’s (IMF) extended credit facility. The funds are part of a larger $3 billion, three-year rescue loan approved by the IMF’s executive board on Wednesday. This substantial financial.

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