The extension of the interest equalisation scheme for MSMEs till August 31 with a total outlay of ₹750 crore disappoints non-MSME exporters and may impact labor-intensive exports and large companies under 410 tariff lines.
Federal Reserve Governor Christopher Waller opposes a rate cut at the upcoming policy meeting. He suggests future cuts are possible if inflation pressures decrease. Waller
Shares in Australia and Japan fell more than 1% in opening trade while equity index futures for Hong Kong slipped. Drops for Japanese benchmarks reflected
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