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Abolishing GST on health and life insurance has immediately reduced premiums by 18%, making financial protection more accessible for millions, especially the 'missing middle'. This reform, coupled with reduced GST on medical devices and medicines, aims to lower treatment costs and make quality healthcare truly inclusive and affordable for all Indians.
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News and Media
Groww has surpassed Zerodha in active user count, capturing a significant market share by targeting first-time investors and underserved cities. Despite this user base advantage, Zerodha maintains a lead in profitability and revenue per user. Both platforms face headwinds from regulatory scrutiny on derivatives trading and increased competition.
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News and Media
Bitcoin has erased its summer rally, dropping over 20% from last months record and falling below $100,000 for the first time since June. A steep wave of October liquidations drained bullish positions, leaving traders sidelined and futures open interest depressed. Ether and altcoins also tumbled sharply, with many tokens down over 50% this year, as Bitcoin underperforms equities and loses its hedge appeal.
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News and Media
America and China have agreed to ease their trade war. Presidents Trump and Xi Jinping met to lower tariffs on Chinese goods by ten percent. They also reached an agreement on rare earth supplies. China will buy American soybeans. A deal for TikTok's US operations is expected soon. This marks a new phase in their economic standoff.
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News and Media
The US has intensified its campaign against drug trafficking in the eastern Pacific, with Defense Secretary Pete Hegseth announcing a deadly strike on a drug boat, bringing the death toll to at least 66. An aircraft carrier, the USS Gerald R. Ford, is now heading to the Caribbean as part of this expanded military presence.
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News and Media
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