NEWS AT A GLANCE
CBS LINE
Volume 4(1)
🏛️ Economic Policy
- RBI holds at 6.5% – Pause in rate cuts continues.
- India-US trade talks launch – Target $500B trade by 2030.
- GST cuts likely in 2026 – Essentials 7-13% cheaper
- Budget ’25 focus: Infrastructure, digital, inclusion.
💳 FinTech
- UPI 2.0 adds credit lines – Loans now via UPI.
- Real-time payments boom – 81% prefer instant.
- Biometrics dominate – 76% pick scans over passwords.
- AI fraud detection spreads – 90% of fintech adopt.
🌍 Global Economics
- Trump's “America First” trade push; tariff prep underway.
- Trade fragmentation grows – Splintering into blocs.
- China grows 5.4% in Q4 – Imports surge pre-tariffs.
- ECB cuts to 2.75% – 4th cut amid uncertainty.
📊 Macro Update
- US consumer confidence dips – 4-month low (104.1)..
- Global growth at 3.3% – South Asia leads.
- Inflation cools unevenly – US 2.9%, India eases.
- Fed on hold – “No hurry” to cut; 25bps priced for ‘25.
MSc in Econometrics and Financial Technology
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