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The massive Web3 talent pool residing in the country has led to innovation in diverse areas within the space. This includes decentralized finance (DeFi), metaverse, and non-fungible tokens (NFTs), among others, aiming to solve the most pressing issues facing our country. However, despite this impressive foundation, the sectors growth is hindered by an outdated taxation framework. The upcoming Union Budget offers a crucial opportunity to address these challenges and unlock the full potential of Web3 for Indias economy.
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News and Media
Gold prices surged to a record high on Friday after US President Trump hinted at pressuring the Federal Reserve to lower interest rates. The MCX gold futures reached Rs 80,312 per 10 gram and spot prices breached Rs 83,000. Analysts suggest safe-haven buying driven by economic uncertainty and Trump's policies is fueling the rally.
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News and Media
The Federal Reserve's first meeting of 2025 will test U.S. stock markets as investors anticipate potential interest rate cuts amid moderated inflation. While a rate cut isn't expected immediately, the Fed's easing bias and recent strong economic data will influence future decisions. Meanwhile, President Trump's upcoming policies, including potential tariffs, could impact market volatility and inflation.
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News and Media
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