Italy Tax Evasion Rises Above €112 Billion, Treasury Report Shows Italy’s tax evasion problem is larger than previously estimated and increased in absolute terms in 2023, according to new government data, adding pressure on Rome as it tries to manage high public deb...
Trump Considers Suspending Federal Gas Tax as Fuel Prices Rise U.S. President Donald Trump said he is considering suspending the federal gasoline tax as elevated fuel prices put pressure on American consumers and become an important economic issue ahead of the No...
Florida Property Tax Plan Could Shift Costs to Canadian Property Owners Florida voters are set to consider a proposed constitutional amendment that could significantly reduce property taxes for many permanent residents, while potentially increasing the tax burden on non-r...
IMF Warns Debt-Financed Tax Cuts Could Push Up Global Interest Rates The International Monetary Fund (IMF) has warned that tax cuts financed through additional government borrowing could contribute to higher interest rates globally and reduce investment in other econom...
RBI Raises FY27 Inflation Forecast to 5.2% on Crude Oil Risks The Reserve Bank of India (RBI) has raised its inflation forecast for the financial year 2026-27 to 5.2% from its earlier estimate of 5%, citing the impact of higher crude oil prices and evolving infl...
India-U.S. Trade Deal Talks Face Delays as Negotiations Stall India and the United States appear to be facing renewed delays in their efforts to conclude a trade agreement, with recent comments from officials on both sides indicating that negotiations have yet t...
RBI Raises Repo Rate to 5.50%, Shifts Policy Stance to ‘Calibrated Tightening’ The Reserve Bank of India (RBI) has raised its benchmark repo rate by 25 basis points to 5.50%, marking a significant shift in its monetary policy approach after nearly three and a half years. The Mon...
Rupee Falls to 96.57 After RBI Raises Policy Rate The Indian rupee weakened against the U.S. dollar in early trading on Wednesday, October 7, 2026, slipping to ₹96.57 per dollar after the Reserve Bank of India raised its benchmark policy rate by 25 b...
Sensex Falls 460 Points as Markets Retreat After Two-Day Rally Indian benchmark indices opened lower on Wednesday, October 7, with the Sensex falling 460 points in early trade after two consecutive sessions of gains. The market decline came amid a rise in crude o...
ED Arrests Ex-KPSC Chief Sahukar and Member BV Geeta in Money Laundering Probe The Enforcement Directorate (ED) has arrested former Karnataka Public Service Commission (KPSC) chairman Shivashankarappa S. Sahukar and commission member BV Geeta in an ongoing money-laundering inves...
Uttar Pradesh Transfers 20 IPS Officers in Major Police Reshuffle The Uttar Pradesh government has transferred 20 IPS officers in a major police reshuffle, bringing changes to district-level policing as well as senior assignments in the state police administration. ...
Gurugram Police Bust Banking Channel Used in ₹1.08 Crore Investment Scam Gurugram Police have arrested a 29-year-old man from Hisar for allegedly providing his bank account to a cyber fraud network involved in a ₹1.08 crore investment scam . The accused, identified as Kuld...
