This chapter analyzes the unexpected 2.8% GDP growth rate in Q2, exploring consumer spending, corporate investments, and inflation concerns. It also discusses the SEC's approval of Bitcoin and Ethereum ETFs, highlighting a significant shift for cryptocurrencies in the US market.
In today’s episode, we look at 5 big stories:
- Is the RBI worried about bank runs due to online banking and UPI?
- Govt asks PE and VCs to cough up capital gains tax on money they made.
- Finally, some positive news for Paytm.
- Is the US economy entering a recession?
- Crypto is slowly becoming mainstream
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