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US DEBT CEILING NEWS
Holiday Halt: NYSE, Nasdaq to remain closed today for Independence Day holidayUS financial markets observed a closure on Friday, July 3, in commemoration of Independence Day, as the holiday fell on a Saturday. Trading...- EPS 2026 replaces EPS-71, EPS-95: What has changed in new EPFO pension scheme and what remains the sameA new Employees' Pension Scheme, 2026, has replaced earlier pension schemes, effective June 29, 2026. While core benefits like the pension ...
- EPS 2026 brings new rules, but has the Rs 1,000 minimum pension changed?The government has introduced the Employees' Pension Scheme (EPS), 2026, replacing older schemes. The calculation formula for pensions also...
- SoftBank renews talks for $10 billion loan against OpenAI stake, adds concessionsTo make lenders more comfortable, the Japanese technology investor is offering to guarantee repayment of the loan, giving banks recourse to...
- EPF Scheme 2026: Your provident fund is getting simpler, smarter and more digitalIndia's provident fund system has undergone a significant overhaul with the introduction of the Employees' Provident Fund Scheme, 2026, rep...
- US Stock Market: US Supreme Court shields Fed independence, but leaves central bank more isolatedThe US Supreme Court has reaffirmed the Federal Reserve’s independence by blocking attempts to allow presidential removal of its governors ...
- RBI opens bank lending for acquisitions under new frameworkIndia's banking sector is set for a major overhaul with the RBI's new acquisition finance framework, effective today. This move integrates ...
- World's three largest memory chipmakers sued in US over DRAM supply shift to AI memoryA class-action lawsuit has been filed in the US against Samsung, SK hynix, and Micron, accusing them of restricting traditional DRAM supply...
- India's external debt rises to $762.8 billion in FY26, debt-to-GDP ratio climbsIndia's external debt reached $762.8 billion by March 2026, a rise of $26.3 billion year-on-year, pushing the debt-to-GDP ratio to 20.8%. T...
- Oil risks rise, but Moody's sees India holding firmMoody's Ratings believes India can manage a wider fiscal deficit this year without jeopardising its investment-grade credit rating. Despite...
- Goldman backs India 30-year bonds as Iran war impact containedGoldman Sachs has recommended buying India's 30-year government bonds, citing easing inflation expectations, lower oil prices and reduced f...
- Capri Global eyes debut dollar debt sale, starts procedure, bankers sayCapri Global Capital is set to enter the foreign currency debt market, planning to raise funds through U.S. dollar denominated bonds. The n...
- UK's likely next leader Burnham to unveil plan to shift power from LondonAndy Burnham, poised to lead Labour, will unveil a plan to shift power from London to Britain's regions, aiming to boost living standards t...
- US-Iran war: Tehran attacks Bahrain, Kuwait following US strikes; threatens to end talks to end the warUS-Iran war news: Tensions flare as Iran targets Bahrain and Kuwait with drone and missile attacks following U.S. airstrikes on Iranian mil...
- Charting the global economy: US spending rises, weather loomsUS consumer spending remains robust despite rising prices, though new home sales dipped. President Trump is scrutinizing gasoline costs. Eu...
- US stocks: US market ends lower as tech stocks weigh on sentimentWall Street ended lower on Friday, with AI chip stocks experiencing a significant downturn while Moderna and other healthcare companies sur...
- West Bengal to scrap urban land ceiling act, finance minister Dasgupta saysWest Bengal's new BJP government is set to abolish the Urban Land Ceiling Act, a move long demanded by industries. This legislation, which ...
- Vedanta Resources buyback offer gets $943 million bond bidsVedanta Resources has successfully garnered tenders worth approximately $943 million for its dollar bonds through an early participation wi...
- Tata-STT's Delhi data centre suffers 'extensive damage'; data recovery challengedA significant fire at a New Delhi data centre, a joint venture between ST Telemedia and Tata Communications, has caused extensive damage, c...
- US Stock Market: Foreign demand for US Treasuries rises in April, led by Japan and UKForeign investors continue to show strong interest in U.S. Treasury securities, with holdings inching up in April to $9.352 trillion. This ...
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