The tax with potential side effects

NEW DELHI, INDIA – JULY 23: Union Finance Minister Nirmala Sitharaman during Post Budget Press Conference at National Media Centre on July 23, 2024 in New Delhi, India. (Photo by Ajay Aggarwal/Hindustan Times via Getty Images) Hindustan Times | Hindustan Times | Getty Images This report is from this week’s CNBC’s “Inside India” newsletter, which … Read more

How will India spend its billions?

New Delhi, India – February 01: Finance minister, Nirmala Sitharaman, outside Finance Ministry on the Budget Day, with other members of Finance Ministry in New Delhi on February 01, 2024. (Photo by Hardik Chhabra/ The India Today Group via Getty Images) The India Today Group | The India Today Group | Getty Images This report … Read more

Modi in Moscow. What’s new?

Russia’s President Vladimir Putin and Indian Prime Minister Narendra Modi take a walk during an informal meeting at the Novo-Ogaryovo state residence, outside Moscow, on July 8, 2024. (Photo by Gavriil GRIGOROV / Sputnik POOL / AFP) (Photo by GAVRIIL GRIGOROV/POOL/AFP via Getty Images) Gavriil Grigorov | Afp | Getty Images This report is from … Read more

Japan’s yen surges after U.S. data as traders monitor intervention

People stand outside a money changer looking at the rates of the Japanese yen against foreign currencies, along a street in central Tokyo on April 29, 2024.  Richard A. Brooks | Afp | Getty Images The dollar lost around 2% against the Japanese yen on Thursday as the market was suddenly jolted by fresh inflation … Read more

What a hung parliament in France could mean for markets

Participants gesture as they stand with a giant banner which reads as “France is the fabric of migration” during an election night rally following the first results of the second round of France’s legislative election, at Place de la Republique in Paris on July 7, 2024. Emmanuel Dunand | Afp | Getty Images Initial indications … Read more

An education scandal years in the making

Members of the Youth Congress are protesting against the alleged government irregularities, paper leaks, and a sharp rise in perfect scores in the state of Jammu and Kashmir. (Photo by Firdous Nazir/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, … Read more

Onion could be holding India’s economy hostage

A seller is arranging onions at a vegetable market in Nagaon district, in the northeastern state of Assam, India, on February 1, 2024. Nurphoto | Nurphoto | Getty Images This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big … Read more

China’s yuan RMB internationalization needs more ‘applications,’ HKEX CEO

A bank employee count China’s renminbi (RMB) or yuan notes next to U.S. dollar notes at a Kasikornbank in Bangkok, Thailand, January 26, 2023. Athit Perawongmetha | Reuters DALIAN, China — For China’s yuan to be used more globally, the currency needs more “applications” such as for stocks and bonds, Bonnie Chan, CEO of Hong … Read more

India Inc might not even need a Fed cut

A solar power plant in Tuticorin, India, on Wednesday, March 20, 2024. Bloomberg | Bloomberg | Getty Images This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. Like what you see? You can … Read more

IPO boom looks to break new records

A Swiggy delivery agent as seen in Kolkata , India , on 3 July 2023 . Famous food delivery company Swiggy faced a loss over 80% in 2022 according to investor filling. (Photo by Debarchan Chatterjee/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images This report is from this week’s CNBC’s “Inside India” newsletter … Read more