Tag: economic slowdown

US Fed cuts interest rates by 25 Bps; Jerome Powell hints, ‘two more in 2025’ – The Economic Times Video

StocksSeptember 17, 2025

The US Federal Reserve has cut interest rates for the first time this year, lowering its benchmark policy rate by 25 basis points to 4%-4.25% range. The move marks the beginning of a monetary easing...

Discoms to save Rs 3,000 crore annually from GST cut on green energy

BusinessSeptember 17, 2025

NEW DELHI: Reduction of GST (goods and services tax) from 12% to 5% across the renewable energy value chain is expected to bring down the power procurement costs of discoms (distribution utilities) across...

RBI to keep repo rate unchanged at meeting next week, chances of rate cut in Feb increased: Report

EconomyNovember 30, 2024

The Reserve Bank of India (RBI) is expected to maintain its policy rate during its upcoming meeting next week, as GDP growth slowed...

Chinese food delivery industry faces downturn, workers’ earnings drop by 1,000 yuan

BusinessOctober 20, 2024

China's food delivery industry is experiencing a downturn after significant growth during the Covid-19 pandemic. Delivery workers' earnings have dropped by...