Fed call ahead: Central bank eyes third rate cut amid sharp divisions; why follow-up easing looks uncertain

The US Federal Reserve is widely expected to lower borrowing costs this week, but deep divisions within the policy-making panel suggest further rate cuts will be harder to secure, analysts say.Policymakers are set to meet on December 9–10 amid a complicated economic backdrop, with inflation still running above the Fed’s 2% target even as hiring […]

‘Exceptional’: SBI hails RBI’s repo rate cut; report says Central bank played its part, now markets should remain disciplined

The Reserve Bank of India (RBI) slashed the repo rate by a quarter point to 5.25% on Friday, at a time when the economy is growing strongly and inflation remains exceptionally low. SBI, in its latest report hailed the decision hailed as “exceptional” and said that the central bank had played its role in ensuring […]

RBI Monetary Policy: Will the central bank’s rate cut revive housing demand and convert fence-sitters into buyers?

The RBI’s 25-basis-point repo rate cut to 5.25% is expected to make advances, including home loans, more affordable, offering timely year-end relief for homebuyers as high property prices persist. Real estate experts say the move could draw first-time, affordable, and mid-market buyers back into the market. Its true impact, however, hinges on the speed and […]

Lok Sabha passes Central Excise (Amendment) Bill ahead of GST cess phaseout on ‘sin goods’, ETLegalWorld

Lok Sabha passes Central Excise (Amendment) Bill ahead of GST cess phaseout on ‘sin goods’ The Lok Sabha on Wednesday passed the Central Excise (Amendment) Bill in the Lok Sabha that look to repurpose levies on ‘sin goods’ such as tobacco, pan masala and related products ahead of the scheduled phaseout of the GST compensation […]

Central Excise Amendment Bill 2025 Set for Lok Sabha Vote Amid Legislative Challenges, ETLegalWorld

Centre to move Central Excise (Amendment) Bill for consideration in Parliament The Central government is set to move that the Central Excise (Amendment) Bill, 2025, for consideration and passing in the Lok Sabha on Tuesday. Union Finance Minister Nirmala Sitharaman is set to move the bill to amend the Central Excise Act in order to […]

Economy

Colder winter likely in central, north-west, peninsular regions during Dec-Feb, says IMD

People warm themselves on a cold morning, in Srinagar, Sunday | Photo Credit: PTI The India Meteorological Department (IMD) has predicted a “normal to below-normal” temperature in the agricultural regions of Madhya Pradesh, north Gujarat, south-east Rajasthan, south-west Uttar Pradesh and eastern Maharashtra during the three-month winter season (December-February). This will likely aid to the […]

Economy

Sabarimala pilgrims season to push demand for tea in central Kerala belt

The demand for loose tea is likely to rise at Kochi auctions, thanks to the ongoing Sabarimala pilgrim season which is expected to perk up brew consumption. Normally, the central Travancore belt—comprising Pathanamthitta, Idukki, Kottayam and nearby areas of the hill shrine—witnesses a 5-10 per cent increase in tea sales during the season as pilgrims […]

CREDAI Chennai partners with Central Polytechnic College to launch CoE for construction

CREDAI Chennai and Central Polytechnic College have signed an MoU to establish a Centre of Excellence for Construction Practices. This flagship initiative is designed to bridge the gap between academic learning and the practical requirements of the real estate and construction industry. The Centre of Excellence will focus on upgrading laboratory infrastructure, introducing industry-driven training […]