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Navigating the Turbulent Waters: Analyzing the Global Stock Market Downturn and Its Impact on Indian Equities Introduction As of February 28, 2025, global stock markets are experiencing significant volatility, with the Indian stock market facing unprecedented challenges. This analysis delves into the current global market downturn, its underlying causes, and the specific repercussions for Indian equities. Global Market Overview The announcement of new tariffs by President Trump on Chinese, Canadian, and Mexican goods has led to substantial declines in Asian stock markets. Japan's Nikkei fell by 2.88%, China's CSI 300 by 1.97%, and Hong Kong's Hang Seng by 3.28%. Bitcoin also entered bear market territory, dropping by 21.11% in February to $80,079. Despite these trends, the UK's FTSE 100 saw a slight rise of 0.19% after reassurances from President Trump about a potential US-UK trade deal. Major European indices experienced modest declines, and US stock in...

Delhi's CAG Report Unveiled: A Deep Dive into the Capital's Financial Oversight In a significant move, the Delhi Legislative Assembly recently tabled 14 reports from the Comptroller and Auditor General (CAG), shedding light on the financial and administrative operations of the previous Aam Aadmi Party (AAP) government. These reports, presented during the assembly session on February 25, 2025, have ignited intense debates and discussions among political parties and the public alike. Key Highlights from the CAG Reports 1. The Controversial Excise Policy One of the most debated reports centers on the now-scrapped 2021-22 excise policy. The CAG audit, covering the period from 2017 to 2021, highlighted significant irregularities in the policy's implementation: Revenue Losses: The Delhi government reportedly incurred losses exceeding ₹2,000 crore due to a weak policy framework and deficient implementation. Licensing Lapses: The report pointed out violations in the lic...