Budget 2026 clarifies that tax-free maturity benefits on Sovereign Gold Bonds will apply only to primary investors who bought directly from the government at issuance. Those purchasing SGBs from the secondary market will now face capital gains tax at redemption, altering post-tax returns and reducing the appeal of near-maturity secondary market bonds.
Fed Governor Michael Barr signals more rate hikes needed to tame inflation
Federal Reserve Governor Michael Barr announced that additional rate hikes may be necessary to manage inflation. He indicated that while economic growth is strong, inflation