DoubleLine’s Jeff Gundlach Criticizes Federal Reserve’s Conservative Rate Hike Strategy
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DoubleLine’s Jeff Gundlach Criticizes Federal Reserve’s Conservative Rate Hike Strategy

Prominent bond investor and DoubleLine founder Jeff Gundlach has voiced strong criticism regarding the Federal Reserve’s recent decision to implement a quarter-percentage-point interest rate hike. Gundlach argued that the central bank should have opted for a more aggressive half-point increase to effectively combat persistent inflationary pressures, describing his preferred approach as a “stun and done” […]

India’s Landmark UPI Payment System Introduces Merchant Fees, Sparking Debate
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India’s Landmark UPI Payment System Introduces Merchant Fees, Sparking Debate

India’s Unified Payment Interface (UPI), the world’s largest real-time payments system by volume, is set to introduce a fee for merchants accepting payments above a certain threshold. This significant shift marks a departure from the system’s long-standing model of offering free services, which has been instrumental in popularizing cashless transactions across the nation. The National […]