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U.S. BUDGET SURPLUS
Pakistan budget raises defence spending, squeezes development to meet IMF goalsFinance Minister Muhammad Aurangzeb told parliament the government would allocate 3 trillion rupees for defence in the fiscal year starting...- India can grow over 8% despite oil shocks, crude impact overblown in narrative: World Bank execIndia's economy shows strong growth, defying fears of oil price shocks. Neelkanth Mishra, World Bank Executive Director, states India is we...
- Why oil’s not at $200 after the biggest supply shock in historyGlobal oil prices are defying expectations, staying below $100 a barrel even after the Strait of Hormuz was effectively blocked. Record US ...
- India meets FY26 fiscal deficit target of 4.4% of GDP; revenue deficit at 1.55%India's fiscal deficit reached the budgeted 4.4% of GDP for fiscal 2026. This eases immediate government finance worries. However, the focu...
- RBI sees services exports, remittances cushioning current account in FY27India's current account balance will see strong support in 2026-27. Robust growth in software and business services exports will be a key f...
- RBI declares record Rs 2.87 lakh crore dividend to cushion war shockThe Reserve Bank of India announced a record surplus transfer to the government for FY26, though it falls short of budget estimates. This s...
- Governments worldwide shield households from rising energy costsNations globally are taking action to protect citizens from rising energy prices. Countries are introducing subsidies, tax cuts and fuel co...
- Economic outlook at risk of further deterioration, OECD saysOECD Secretary General Mathias Cormann stated that the ongoing Middle East conflict is worsening global economic risks, exerting downward p...
- World imbalances trouble G-7 in wake of Trump’s China encounterGlobal finance ministers convene in Paris to address lopsided world growth, focusing on structural misalignments after the US-China trade s...
- From India to China, a look at what governments worldwide are doing to shield households from rising energy costsGovernments globally are implementing diverse strategies to mitigate soaring energy costs stemming from the U.S.-Israeli war on Iran. Measu...
- Oil & gas sector outlook 2026: Higher brent prices seen boosting upstream firms, hurting OMC marginsGlobal oil markets have shifted dramatically. Geopolitical tensions have caused a surge in Brent crude prices. Supply disruptions are a maj...
- Georgia $500 rebate checks 2026: Who qualifies, payment dates & full details explainedGeorgia is sending rebate checks up to $500 to eligible taxpayers after a big budget surplus. Payments started in May 2026 and will continu...
- Social Security benefit cap proposal warning: will this new limit quietly cut how much retirees receive annually?Social Security benefits cap proposal 2026 is reshaping retirement talks in the US. A key warning shows a $230 billion annual shortfall in ...
- International funds deliver up to 50% returns in a year, subscriptions halted. Should investors book profits or stay invested?International funds have delivered up to 50% returns in one year, supported by a global tech rally, rupee depreciation, and strong earnings...
- America’s demographic stagnation to make it poorer?America faces a future of slower economic growth due to demographic stagnation. A declining birth rate and reduced immigration are shrinkin...
- India allows export zones to sell locally as trade strains growThis measure, effective from April 2026 to March 2027, aims to help exporters manage rising tariffs and supply chain disruptions caused by ...
- US budget surplus rises 23% to $258 billion in April, customs revenue surgesThe U.S. government experienced a $258 billion budget surplus in April, a 23% increase year-over-year, driven by strong tax receipts and su...
- Explainer: What is a sovereign wealth fund?President Donald Trump signed an executive order to create a U.S. sovereign wealth fund, aiming to support future generations. Sovereign we...
- FOREX-Dollar mixed, moves subdued before Fed meeting minutesThe dollar flattened on Wednesday as traders awaited minutes of the Federal Reserve's latest policy meeting for further clues on the centra...
- Why chances of India being named a currency manipulator are slimThe Treasury cited India’s “significant” trade surplus with the US and increased purchases of foreign currency as reasons behind its entry ...
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