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Donald Trump’s policies may be a risk for emerging markets and developing economies: IMF

The International Monetary Fund (IMF) has expressed concerns over the potential economic impact of President-elect Donald Trump’s proposed policies, warning of significant risks, particularly for inflation and the global economy. While the IMF expects the world economy to grow at a modest 3.3% in 2025—slightly higher than 2024’s 3.2%—Trump’s plans could disrupt this trajectory. Central […]

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90,000 salaried individuals made to pay back ₹1,070 crore tax due to wrongful claims

Next time you file your income tax return and your chartered accountant (CA) suggests you do some income fudging here and there, beware. Until December 31, 2024, the Income Tax Department has identified 90,000 salaried taxpayers who wrongly claimed deductions amounting to approximately ₹1,070 crore in their income tax returns (ITRs). When confronted by the

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India to allow export of 10 lakh metric tonnes of sugar: Govt sources

The Indian government has decided to permit the export of 10 lakh metric tonnes (LMT) of sugar, government sources revealed on Sunday, January 19. Company Value Change %Change The decision was taken during a meeting held earlier in the day, where officials assessed the country’s sugar production estimates and current stock levels. A formal notification

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Watch | A walk down the Davos promenade with CNBC-TV18

As world leaders, policymakers, and industry giants convene in Davos, Switzerland, for the World Economic Forum’s (WEF) annual meeting, the spotlight will be on pressing global issues like the Ukraine-Russia war, Trump 2.0, and the rise of artificial intelligence. This year’s theme, ‘Collaboration in an Intelligent Age’, sets the tone for discussions over the next

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Budget 2025: Government likely to front-load capex for infrastructure, healthcare, and EV sectors

As the Union Budget 2025 approaches, sources have revealed that the government plans to front-load capital expenditure (capex) with a sharp focus on infrastructure development, healthcare, and the electric vehicle (EV) sector. The government’s strategy hinges on the belief that such investment will generate employment opportunities and, in turn, boost consumption. The budget is expected

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India’s renewable energy progress remarkable, AI could shape its future: WEF’s Roberto Bocca

India has made remarkable progress in renewable energy, but sustaining this momentum is crucial, according to Roberto Bocca, Head of the Centre for Energy at the World Economic Forum (WEF). While progress in renewables is significant, the rising energy demand poses a major challenge. There were advancements in the global energy transition in 2024, but

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WEF 2025 | Ashwini Vaishnaw confirms electronic components PLI rollout in 2-3 months

Union Minister for Electronics and Information Technology (MeitY) and Railways, Ashwini Vaishnaw, has confirmed that the Production-Linked Incentive (PLI) scheme for electronic components is nearing finalisation. “We are working on it, and as you know, we believe in extensive consultations with the industry. That consultation process is practically in its last round,” Vaishnaw told CNBC-TV18

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Davos 2025 | WEF CEO says Trump will use tariffs as a trade negotiation tactic

Donald Trump will likely use tariffs as a trade negotiation tactic, focusing on countries like China and Europe where the US has large trade deficits, said World Economic Forum (WEF) President and CEO Borge Brende in an interview with CNBC-TV18 at Davos. While tariffs may serve as a bargaining tool, Brende believes it is essential

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RBI tightens guidelines for settlement of borrower dues by ARCs

The Reserve Bank of India (RBI) has tightened guidelines to streamline and enhance the framework for Asset Reconstruction Companies (ARCs) when settling dues payable by borrowers. Company Value Change %Change ARCs are required to establish a board-approved policy for settling borrower dues. This policy must outline key elements such as eligibility criteria for one-time settlements,

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World saw four new billionaires every week in 2024: Oxfam report

A new Oxfam report shed light on the widening wealth gap between the ultra-rich and the rest of the world. In 2024, billionaire wealth soared by $2 trillion — three times faster than in 2023 — creating an average of four new billionaires each week, totalling 204 for the year. Company Value Change %Change Meanwhile,

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