The Budget 2025-26 meets the expectations of fiscal consolidation, maintaining capital expenditure, and boosting consumption through tax cuts.
The simultaneous decline of several trade-related indicators should put policy makers on guard for a sharper slowdown.
A quick bounce back of the Chinese stocks looks improbable now.
The Reserve Bank of India (RBI) has liberalised the procedure for facilitating the import of rough diamonds (termed roughs in the trade).
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