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[ad_1] Market optimism over the potential for interest rate cuts next year is dangerously overdone, according to former FDIC Chair Sheila Bair. Bair, who ran the FDIC during the 2008 financial crisis, suggests Federal Reserve Chair Jerome Powell was irresponsibly dovish at last week’s policy meeting by creating “irrational exuberance” among investors. “The focus still…
[ad_1] The Union Budget is not a single document. It is a list of 13 documents and three of them – Annual Financial Statement (AFS), Demands for Grants (DG) and the Finance Bill – are mandated by Article 112,113 and 110(a) of the Constitution. Some documents are explanatory notes, which support the mandated documents with…