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US FISCAL DEFICIT 2026
Why is Pakistan's ally US upset over PKR3 trillion defence budget spending?The US State Department has urged Pakistan to bring military and intelligence budgets under civilian oversight. Greater disclosure of gover...
Oracle plans fresh layoffs as AI spending piles up billions in debt: ReportOracle is reportedly planning another round of job cuts. This move aims to reduce payroll while investing heavily in AI infrastructure. The...
US asks Pakistan to subject military, intelligence budgets to public oversightThe United States has urged Pakistan to improve fiscal transparency measures. Pakistan must subject military and intelligence budgets to pu...
Critical minerals being prioritised in trade, investment engagements: Govt tells ParliamentIndia is strengthening supply chains by prioritizing energy and semiconductor sectors. The nation aims to reduce import dependence through ...
India growth seen slowing to 6.6% in FY27, says Fitch Group company BMIFitch Group’s BMI expects India’s economic growth to slow to6.6% in FY27, from 7.7% in FY26, as the boost from last year’s GST reforms fade...
India's power demand seen rising 6.5-7.5% this fiscal as hotter, drier weather boosts cooling needs: CrisilIndia's power demand is estimated to rise 6.5-7.5 per cent year-on-year this fiscal to 1,825-1,835 billion units (BU), driven mainly by hig...
Raymond Lifestyle eyes Europe for 25% of exports, cuts US dependenceRaymond Lifestyle expects Europe to contribute up to 25% of its exports within two years as the apparel maker reduces reliance on the US am...
H-1B visa rule changes: US expands $4,000 fee as Indian workers raise Green Card backlog concernsThe US Department of Homeland Security has expanded the $4,000 H-1B and $4,500 L-1 biometric fee to cover same-employer extensions filed by...
No proposal under consideration for restoration of Old Pension Scheme: MoS for Finance Pankaj ChaudharyThe government has no plans to restore the Old Pension Scheme due to its fiscal unsustainability. Several state governments have requested ...
Has Dalal Street's near term outlook improved? HSBC lists 4 headwinds, 3 tailwinds to watch out forHSBC Mutual Fund remains constructive on Indian equities, citing improving earnings, private capex, policy support and potential trade deal...
India's resilient economy to support markets but global risks remain elevated: SebiIndia's financial markets are poised for growth, buoyed by robust domestic economic fundamentals like strong consumer demand and proactive ...
More exporters leveraging benefits of free trade pacts: GovtIn 2025-26, India's ten largest import partner countries were China, UAE, Russia, US, Saudi Arabia, Iraq, Hong Kong, Switzerland, Singapore...
India on track to exceed key fundraising goal on state-firm stake salesIndia is poised to achieve its divestment aspirations this fiscal year, with enhanced momentum in stake sales and asset monetisation. Altho...
A US cloud computing company reports $703.1 million in revenue, then announces plans to lay off 5% of its workforceNutanix plans to reduce its global workforce by approximately five percent. This strategic move aims to enhance operational efficiency and ...
RBI MPC Meeting 2026: Crude oil volatility remains key inflation riskRBI MPC Meeting 2026 Crude Oil Price Impact on Inflation: The central bank warns volatile crude oil prices pose inflation risks. Geopolitic...
US trade deficit contracts in JuneThe United States trade deficit saw a decrease in June. This contraction occurred as imports dropped significantly during the month. Howeve...
India's Q1 FY27 fiscal deficit widens to Rs 3.1 lakh crore from Rs 2.8 lakh crore a year ago; at 18.2% of full-year targetIndia Q1 FY27 fiscal deficit: The fiscal gap was higher than the Rs 2.8 lakh crore recorded during the April-June period of the previous fi...