Inside the Finances of Indian States: A Reality Check | The Daily Brief

In today's episode of The daily brief, we cover 3 major stories shaping the Indian economy and global markets:

1. How Are Indian States Doing?
We'll explore the RBI's latest report on state finances, revealing how Indian states manage their revenues, spending, and debt. From fiscal deficits to subsidies and climate risks, discover the challenges and innovations shaping state economies.

2. Insider Trading Exposed
Dive into SEBI’s crackdown on insider trading linked to the HDFC-HDFC Bank merger. Learn how a Deloitte insider and his accomplice profited from confidential information and what this case means for market fairness.

3. Credit Card Interest Cap Lifted
Understand the Supreme Court's decision to lift the cap on credit card interest rates, giving banks more freedom to charge defaulters. We'll discuss its implications for consumers and the credit card industry.

Timestamps:
00:00 Stories Coming Up!
00:31 Intro
00:54 How Are Indian States Doing?
09:29 Insider Trading in HDFC Merger Uncovered
14:45 Credit Card Storm: Higher Costs Ahead
19:57 Tidbits

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Watch this episode in Hindi on ‪@marketsbyzerodhahindi‬ :    • Indian States Ka Financial Health Rep...  
Watch this episode in Kannada on ‪@marketsbyzerodhakannada‬ :    • Are Indian States Managing Their Mone...  

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