Impact of Corporate Tax Cuts on Wages and Investment Sub: Eco Sec: Fiscal Economy Introduction to Corporate Tax Cuts: Corporate tax cuts were implemented by major economies, including the U.S. and India, prior to the pandemic. The goal was to stimulate economic growth, increase investment, and boost employment and wages. Corporate Tax Cuts […]
China Initiates Anti-Dumping Probe on Canadian Canola Imports Sub: Eco Sec: External Sector Announcement of Anti-Dumping Investigation: China has initiated an anti-dumping investigation into Canadian canola imports. The investigation aims to determine whether Canada is selling canola in China at unfairly low prices, potentially harming Chinese domestic industries. The probe also extends to […]
Households Rebuild Financial Savings: Insights from address of RBI Deputy Governor Patra Sub: Eco Sec: Indian Economy Rising Financial Savings Among Households: Households have started to rebuild their financial savings, driven by rising incomes. Financial savings had dropped significantly from their levels in 2020-21 due to shifts towards physical assets like housing and […]
Swiss Franc Carry Trade and Safe-Haven Rally Risk Sub: Eco Sec: External sector Swiss Franc as a Funding Currency: The Swiss franc (CHF) is being increasingly used by investors to fund carry trades, a strategy where traders borrow low-interest currencies and swap them to invest in higher-yielding assets. This is due to the […]