This cryptocurrency could surge more than 2,000% by 2030, analyst predicts

By not explaining the logic of how the US Federal Reserve adjusts policy in response to changes in the American economy, the Fed ends up ceding control to financial markets. This would constrain the efficacy of its policy as it goes along. Here’s how.

South Korean chip stocks experienced sharp declines on Tuesday. Major companies like Samsung Electronics and SK Hynix saw significant drops. Investors scaled back artificial intelligence-related bets due to spending sustainability worries. Concerns over China’s semiconductor advancements also fueled market unease. This selloff reflects a broader reassessment of AI valuations and future demand.

The Union Ministry of Finance has made moves to enable merchant discount rates on UPI and proposed scrapping the zero MDR provision. We take a look at what this decision could mean for UPI customers.