NEWS AT A GLANCE
CBS LINE
Volume 4(2)
π️ Economic Policy
- RBI holds repo at 5.25%; FY26 GDP raised to 7.4%.
- $500B India–US trade pact; tariffs slashed to zero.
- India–EU FTA eliminates 96.6% tariffs.
- US Fed holds at 3.5–3.75%; divided on next move.
π³ Fintech
- Forbes Fintech 50: AI-led Monarch tops at $850M.
- Fintechs push for direct Fed master accounts.
- MTN expands payments & lending across Africa.
- Nubank targets US with lean challenger model.
π International Economics
- India–EU FTA boosts textile & machinery exports.
- China trade surplus hits $1.2T; shock concerns rise.
- US–Taiwan chip pact: $250B fab investment.
- UNCTAD warns of fragmented trade blocs.
π Macro Update
- S&P lifts 2026 global GDP to 2.9%.
- China factory activity at 3-year low.
- Fed split as inflation cools to 2.4%.
- Global PMI at 51.2 – first expansion in 8 months.
Roshni Thayyil
MSc in Econometrics and Financial Technology
CBS LINE
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