Decoding Account Aggregator framework
“Lending firms using the Account Aggregator (AA) framework facilitated loans worth INR 42,300 crore during the period of September 2021 to March 2024.” - Sahamati ...
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US Federal Reserve announced its first rate cut since 2020 – A deeper look
The US Federal Reserve, in a historic move, cut its benchmark interest rate by 50 basis points (bps) for the first time since 2020. The federal funds rate now stands at 4.75%-5%, down from the 22 ...
The Pulse – A monthly digest of key macroeconomic events (August 2024)
Executive Summary The month started quite volatile with weaker global financial sentiments spooking markets as yields plunged, and stocks tanked. However, fears of a hard land ...
The Transition to Electric 2-Wheelers in India
The faster transition to electric mobility in India is one of the highest needs of the hour given India’s pledge to reduce greenhouse gas (GHG) emissions by 33-35% by 2030 compared to 2005 leve ...
The Pulse – A monthly digest of key macroeconomic events (July 2024)
“It is a curious fact that although all booms are alike, all are different.” — Edwin Lefevre
Domestic Updates
Union Budget FY2024-25: A roundup of key economic indicators
In the Union Budget FY2024-25, the Centre attempts to strike a balance between job growth, rural development, and fiscal prudence. While fiscal discipline is crucial for better sovereign ratings ...
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