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US FEDERAL BUDGET DEFICIT
US Treasury chief says Fed should not hike rates over energy shock tied to Iran warDuring his speech, US Treasury Secretary Scott Bessent advocated for the Federal Reserve to keep an open mind about interest rate adjustmen...- US starts fiscal 2027 with record $404 billion budget deficit: Why customs revenue fell 39% despite Trump's new tariffsUS budget deficit surged to a record $404 billion in October, up 42% from a year earlier, as government spending climbed to $773 billion an...
- India’s October merchandise trade deficit widens to one-year high of $39.88 billion as imports surgeIndia's merchandise trade deficit widened to $39.88 billion in October, surpassing economists' forecasts. Exports rose to $49.47 billion fr...
- Indian rupee snaps rising streak on hawkish Fed, oil riseIn the past week, the Indian rupee faced downward pressure due to escalating oil prices. Although foreign investments offered some relief, ...
- Gold inches higher but heads for weekly loss on Fed hike concernsGold prices edged higher on Friday, recovering from the previous session's lowest level in more than a year, but stayed on track for a week...
- US Fed sets new meeting schedule for 2027, as foretold by Chairman Kevin WarshThe Federal Reserve will hold seven rate-setting meetings in 2027 instead of the customary eight, while dedicating its October gathering to...
- Can a new US Congress mean an end to the Iran war?Public discontent regarding the ongoing war on Iran has influenced recent congressional election outcomes. President Trump's party faced lo...
- Reverse AI trade drives foreign inflows back to India but rising US inflation poses challenge: Ajay BaggaForeign investors are returning to Indian equity markets as global funds shift away from the artificial intelligence infrastructure trade i...
- Fed's Paulson signals further gradual interest rate hikes to curb inflationFederal Reserve Bank of Philadelphia President Anna Paulson signals support for further interest rate hikes to curb persistent US inflation...
- Dollar gains traction as Fed speakers warn of risks from inflationThe US dollar is holding onto gains following a stronger-than-expected inflation report. Federal Reserve comments indicate potential rate h...
- When is Veterans Day 2026: Are US Stock Markets, bond markets open or close on Wednesday, November 11?Veterans Day holiday began more than a century ago, albeit under a different name, as a celebration of the end of World War I. Are S&P 500,...
- Donald Trump vs MAGA: Is Make America Great Again movement dead after Democratic Party landslides in Midterm elections?US Presidential Elections: There has been a sentiment rippling through the president’s Make America Great Again movement after the Republic...
- Voters demanded economic relief. Trump and Democrats face tough choices on how to deliverVoters have conveyed a clear message about the necessity of addressing inflation and economic issues. Both parties are preparing to respond...
- Dhanteras gold, silver sales may rise 10% despite buyers opting for lighter jewellery: AIJGFSales of gold and silver jewellery for Dhanteras are expected to rise approximately 10% this year. The All India Jewellers and Goldsmith Fe...
- Voters elected Democrats who are doctors and challenged RFK Jr. Can they protect the Medicaid Program and remove him from office?Voters in South Carolina, Ohio and Michigan elected Democrats who have criticized Robert F. Kennedy Jr.’s health policies. Their wins put t...
- US midterm elections: What a Democratic Congress could mean for Indian H-1B visa holdersThe potential shift towards a Democratic majority in Congress may reshape the discourse on immigration law. Nevertheless, specialists indic...
- US trade deficit contracts slightly in SeptemberIn September, the US trade deficit decreased by 0.6 percent, driven by capital goods imports and strong exports. Imports rose by 1.2 percen...
- Who is Mark Warner? Democrat wins fourth Senate term after defeating Bert MizusawaSenator Mark Warner secured his fourth term in the US Senate by defeating Bert Mizusawa during the recent election. Warner received 711,369...
- Fiscal deficit likely to exceed FY27 target by up to Rs 1.2 lakh croreIndia's fiscal deficit for the year 2026-27 is projected to exceed the budgeted target by a significant amount. The anticipated deficit may...
- Bond market doubts gridlock will ease deficit woes this timeAmidst the backdrop of upcoming midterm elections, bond investors are voicing skepticism about the effects on fiscal policy. Polls indicate...
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