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How Term Insurance Can Help You Leverage Tax Benefits Based on Your Income Tax Slab Term insurance is the simplest and one of the most effective ways to secure your family’s future. It offers financial protection in case of your untimely death, ensuring your loved ones can maintain a decent life and meet essential expenses. But apart from peace of mind, tax benefits on term insurance are another key advantage […]

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Bank Spreads Rise in May 2025 Despite Policy Rate Cuts According to the CareEdge Banking Rate Tracker – May 2025, the spread between the outstanding weighted average lending rate (WALR) and weighted average domestic term deposit rate (WADTDR) for Scheduled Commercial Banks (SCBs) rose to 2.60%, an increase of 3 basis points (bps) month-on-month. Lending rates on outstanding rupee loans for SCBs declined marginally by […]

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India’s Textile Sector Faces New Challenges Amid US-Vietnam Trade Deal and Global Shifts India’s textile industry, employing over 45 million people and producing approximately 22 billion garments annually, remains a cornerstone of the nation’s economy.

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Tamil Nadu Secures Major Textile Park, Promising Jobs and Investment Surge The Union government has approved a substantial development plan worth ₹1,894 crore for the Pradhan Mantri Mega Integrated Textile Region and Apparel (PM MITRA) Park in Virudhunagar district, Tamil Nadu.

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Mauritius Unveils Budget 2025 with Focus on Growth Reforms Steady Growth Forecast Amid Fiscal Reforms  The Ministry of Finance (MoF), Mauritius forecasts a GDP growth rate of 3.9% in FY25 (FY2024/25) as per the  recent Budget. This projection is more optimistic than the IMF growth projection, which stand at 3% in 2025. In  the medium term (FY26-FY28), the MoF anticipates growth to average at […]

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Corporate Results Q4 FY25 Show Mixed Sectoral Trends The sales growth of corporates improved in Q4 FY25. While sales growth saw improvement, an uptick in expenditure  led by rising input prices has resulted in a moderation in corporate profitability growth in the quarter. For the full  fiscal year FY25, the financial performance of the corporates was affected by a confluence of factors such […]

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Nepal’s Economy Sees Gains in FY25 Despite Trade Deficit In mid-May 2025, Nepal’s economy experienced moderating inflation and a surge in foreign exchange reserves. Price  pressures in the food and beverage category have been witnessing sustained moderation. Foreign exchange reserves  have reached 18.4 billion, enhancing the economy’s resilience to external disruptions. The trade deficit stood at Rs  134.9 billion in mid-May. During the first […]

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CPI Inflation Drops to 2.8% in May, Lowest Since 2019 The CPI inflation eased further to 2.8% in May, coming in below expectations and marking the lowest reading since  February 2019. The decline was largely driven by sustained moderation in food inflation (1.5%) and a favourable  base effect from the previous year. This is the fourth consecutive month when inflation has remained below the  4% […]

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GenZCFO Launches SOS CFO for Startup Crisis Support GenZCFO, a forward-thinking financial consulting firm catering to Gen Z and millennial-led startups, has officially launched SOS CFO, an emergency CFO service tailored to support startups facing financial crises. This initiative focuses on restoring stakeholder confidence, maintaining business continuity, and ensuring long-term financial resilience. SOS CFO provides on-demand financial leadership for companies grappling with critical […]

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RBI Cuts Repo Rate, CRR to Boost Liquidity and Housing Demand On June 6, 2025, the Reserve Bank of India’s Monetary Policy Committee (MPC) announced a 50 basis point cut in the repo rate, bringing it down to 5.50%. This move, aimed at supporting economic growth, comes in the backdrop of easing inflation and ongoing global uncertainties. The central bank also reduced the Cash Reserve Ratio […]

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RBI Rate Cut Fuels Surge in ₹2–5 Cr Urban Housing Demand India’s housing sector is on the verge of a major sales revival, powered by the Reserve Bank of India’s (RBI) latest move to cut the repo rate by 50 basis points. This brings the total reduction in 2025 to 100 bps, setting the stage for renewed buyer activity, especially in the ₹2–5 crore housing segment, […]

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RBI Cuts Repo Rate by 50 bps to Boost Growth, Say Experts In a decisive move aimed at reinforcing economic momentum, the Reserve Bank of India (RBI) slashed the repo rate by 50 basis points to 5.5%—its lowest level in nearly three years. This third consecutive cut, paired with a shift to a neutral policy stance, underscores the central bank’s commitment to supporting growth amid a cooling […]

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Ballina Shire Council Receives Funding to Launch Circular Clothing Initiative Ballina Shire Council has secured $34,200 from the NSW Environment Protection Authority to implement a project aimed at reducing textile waste in landfills.

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Mauritius Faces Sectoral Strain Ahead of FY26 Budget Introduction  As Mauritius prepares its FY2025/26 (FY26) Budget, the newly elected government faces the challenge of  stimulating growth and maintaining fiscal sustainability, while managing the costs of its election pledges. The  budget will need to address structural weaknesses and provide guidance for medium-term policy. Although some  sectors have recovered in recent years, several, particularly manufacturing, […]

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Nepal’s Inflation Eases to 3.4%, Forex Reserves Hit $17.6 B Nepal’s economy displayed moderate stability in mid-April 2025, with key indicators reflecting easing inflation and strong foreign exchange reserves, though trade imbalances and weaker remittance inflows raised concerns. According to the latest economic update, year-on-year consumer price inflation dropped to 3.4% in April from 3.7% in March 2025. The decline was driven mainly by the […]

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Top Tips to Pick the Right Online Payment Processor in 2025 In the current digital marketplace, choosing the appropriate payment gateway is vital for businesses looking to optimize their payment workflows. A payment gateway is a technological solution that facilitates online payment transactions by securely transmitting payment data between customers and merchants. It guarantees that payments are processed efficiently and safely, which is essential for sustaining […]

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India-UK Trade Pact: Implementation Expected to Take Over a Year Following Text Finalization The recently concluded Free Trade Agreement between India and the United Kingdom is anticipated to take at least fifteen months to come into effect.

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India’s Trade Pacts Lack Gender Focus Amid Global Trend, Report Finds While an increasing number of trade agreements worldwide are incorporating provisions related to gender equality, India's free trade and preferential trade agreements currently contain no such stipulations.

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How Global Exchange Rates Are Reshaping Sourcing Strategies With the globalized economy, exchange rates become the critical determinant of sourcing strategy in industries. The organizations in today’s world are presented with unparalleled challenges and opportunities fueled by currency volatility. Businesses are challenged to change rapidly and strategically, utilizing information from sophisticated analytical platforms like the broker MT5 platform, to be able to manage […]

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US Imposes Sweeping New Tariffs, Citing Trade Imbalances and National Security The United States has enacted a broad new system of import duties, labelled "reciprocal tariffs," on goods from nearly 60 nations.

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India Urged to Monitor Trade Risks, Explore New Markets Amid Global Headwinds India's finance ministry has issued a call for vigilance regarding the potential impact of ongoing global trade disruptions, recommending close monitoring and a strategic push into previously untapped international markets.

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US Tariffs Shake Global Trade, India Navigates Complex Landscape The United States has implemented a sweeping set of tariffs under the Trump administration, impacting trading partners worldwide and introducing significant uncertainty into the international trade system.

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Exporters Likely to See Key Tax Remission Scheme Extended Indian exporters may soon receive a significant boost to navigate the unpredictable global trade landscape as the government is poised to prolong a crucial scheme that remits embedded duties and taxes on exported products.

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Global Economic Outlook Dims Amidst Trade Tensions, India Relatively Resilient While the immediate negative consequences of the escalating trade tensions on global trade and economic growth are apparent, the longer-term implications remain less certain.

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Nepal’s Economy Faces Tough Challenges in Fiscal Year 2024 In mid-March 2025, Nepal’s economy experienced moderating inflation and a surge in tourist arrivals. Price pressures  in the food and beverage category have been witnessing sustained moderation. The trade deficit narrowed to Rs  126 billion in mid-March. During the first eight months of the fiscal year, the balance of payments continued to show  a surplus, […]

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Chinese Textile Firms Pivot to Southeast Asia Amidst US Tariff Headwinds Chinese textile manufacturers, grappling with significantly higher US tariffs, are actively seeking alternative markets, with many turning their attention to Southeast Asia, particularly Indonesia.

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Tamil Nadu and Taiwan Chamber Ink Pact for Major Industrial Park Near Chennai Tamil Nadu has taken a significant step to boost Taiwanese investments by signing a memorandum of understanding with the Taiwan Chamber of Commerce to establish an 'Indo-Taiwan Industrial Park' near Chennai.

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Resurgent Protectionism Casts Shadow Over Global Economic Recovery Five years after a novel virus brought the world economy to a grinding halt, a familiar threat – the rise of protectionism – is once again generating instability in global markets.

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India’s Exports Hold Steady in FY25, Services Shine Amidst Merchandise Stagnation India's export performance in the fiscal year 2024-25 remained largely flat in aggregate value for goods compared to the previous year, a puzzling outcome amidst a growing global trade landscape.

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India Wary of Import Surge as Global Trade Tensions Mount India's Ministry of Commerce and Industry is on high alert, bracing for a potential surge in imports of various goods as a direct consequence of escalating global trade conflicts triggered by recent tariff actions from the United States and retaliatory measures from countries like China.

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