Reserve Bank of India may give a record dividend to the government. This could offset tax revenue shortfalls due to slow growth. Economists predict a payout between 3 to 3.5 trillion rupees. The windfall will help bridge the gap in tax collections. Government can use this to increase spending on social welfare.
Wall Street Week Ahead: Fed meeting in focus as investors seek rate-path hints
Investors are closely watching the Federal Reserve’s upcoming policy meeting for signals on potential rate cuts amid concerns about a softening labor market and persistent