CALCULATE YOUR SIP RETURNS

Economy - Angel One

US Federal Reserve Policy Meet: Powell Holds Interest Rates at 4.3% Despite Political Pressure

US Federal Reserve Policy Meet: Powell Holds Interest Rates at 4.3% Despite Political Pressure

8 May 2025

On Wednesday, May 7, the U.S. Federal Reserve chose to leave its benchmark interest rate unchanged at 4.3%, despite the mounting pressure from President Donald Trump to cut borrowing costs. This marks the 3rd consecutive meeting with no rate change, following a series of three cuts in late 2024. Despite the pause, economists and market …

Elon Musk’s Starlink Granted LoI by DoT to Launch Satellite Internet Services in India

Elon Musk’s Starlink Granted LoI by DoT to Launch Satellite Internet Services in India

8 May 2025

According to the news reports. Starlink, the satellite internet venture of Elon Musk’s SpaceX, is set to enter the Indian market after receiving a Letter of Intent (LoI) from the Department of Telecommunications (DoT). The development follows Starlink’s compliance with India’s rigorous national security protocols and represents a significant move toward expanding internet access across …

Government Internship Stipend: How Much Do Top Internships for May 2025 Pay?  

Government Internship Stipend: How Much Do Top Internships for May 2025 Pay?  

8 May 2025

The Government of India is offering a wide range of internships this May for students and young professionals looking to gain practical experience, certification, and in many cases, a stipend. These internships span across law, energy, child rights, women’s development, policy planning, and more. Here’s a comprehensive guide to nine active internships, complete with details …

Routematic Raises US$40 Million to Grow Its AI Transport Service

Routematic Raises US$40 Million to Grow Its AI Transport Service

8 May 2025

Routematic, a company that provides transport services for corporate workers, has raised US$40 million in Series C funding. The money came from two sustainability-focused investors—Fullerton Carbon Action Fund and Shift4Good. Routematic Moving From Testing to Expansion After working on its technology for 12 years, Routematic is now ready to grow. The company is gradually shifting …

RBI’s FY25 Dividend to the Government Likely to Be 50% Higher Than FY24?

RBI’s FY25 Dividend to the Government Likely to Be 50% Higher Than FY24?

8 May 2025

The Reserve Bank of India (RBI) is set to make a significant surplus transfer to the Indian government for the fiscal year 2025 (FY25), which could reach as high as ₹3 lakh crore, as per Economic Times report citing reports by economists. This figure exceeds initial projections and could be 50% higher than the ₹2.1 …

RBI Adopts New Consultative Framework; Introduces 21-Day Public Review for Draft Rules

RBI Adopts New Consultative Framework; Introduces 21-Day Public Review for Draft Rules

8 May 2025

In a significant stride towards greater transparency and inclusivity, the Reserve Bank of India (RBI) has introduced a consultative framework for framing regulations. Announced on Tuesday, this move reflects the central bank’s intent to enhance stakeholder engagement, align with global best practices, and ensure that its regulatory policies remain relevant and efficient in a rapidly …

How Different Sectors are Likely to Impact After India–UK Free Trade Agreement?

How Different Sectors are Likely to Impact After India–UK Free Trade Agreement?

7 May 2025

India and the United Kingdom have successfully closed negotiations on a landmark Free Trade Agreement (FTA), marking a pivotal moment in their expanding economic relationship. This is the first comprehensive trade pact between the two nations and is poised to significantly boost bilateral trade, with a shared goal of doubling trade volumes to $120 billion …

Open Free Demat Account!

Join our 3 Cr+ happy customers

+91
Open Free Demat Account!
Join our 3 Cr+ happy customers