Taking Government Out of GDP, An Update

The latest Real Gross Domestic Product (GDP) release from the Bureau of Economic Analysis (BEA) shows a net decrease from Q4 2024. This net decrease “primarily reflected an increase in imports, which are a subtraction in the calculation of GDP, and a decrease in government spending…partly offset by increases in investment, consumer spending, and exports.”…

Exclusive: SEBI to launch ‘Pay Right’ UPI system for investors in 1 month, say sources

Market regulator SEBI is likely to implement a UPI-powered ‘Pay Right’ system within the next one month, sources told Zee Business. The proposed Pay Right initiative is aimed at protecting investors against fraudulent financial transactions, ensuring secure and seamless payments to intended stock brokers and other intermediaries.  SEBI has prepared the plan with a special…

RBI sounds alarm on microfinance: High interest, harsh recovery hurt vulnerable borrowers

The Reserve Bank of India (RBI) has once again highlighted serious concerns surrounding the microfinance sector in the country. At a recent event held in Mumbai, RBI Deputy Governor M. Rajeshwar Rao cautioned against the growing challenges faced by microfinance institutions (MFIs) and emphasized the need for a more sensitive and development-oriented approach towards this…