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DEBT CEILING RAISE
West Bengal's Rs 4.39 lakh crore Budget under BJP aims to bury 'syndicate raj', woo investorsWest Bengal's new government unveiled a Rs 4.39 lakh crore budget prioritizing fiscal restructuring and job creation. Finance Minister Swap...
RBI sweetens FCNR deposits: NRIs can now earn up to 7% on dollar savingsFor the first time in years, the math is actually working for non-resident Indians to invest dollar savings in India.
PMS vs mutual funds: 5 reasons to invest, and 5 red flags to watchPortfolio Management Services (PMS) offer structural advantages over mutual funds, allowing for concentrated portfolios, significant cash h...
Increase in limits for NRI and OCI investors to invest in stock market without SEBI registration, RBI GuvThe Reserve Bank of India has boosted investment limits for non-resident Indians, Overseas Citizens of India, and other individuals residin...
Adani Group cos post record $16 bn capex, all-time high EBITDA of Rs 94,834 cr in FY26Adani Group companies achieved a record capital expenditure of Rs 1.53 lakh crore and an all-time high EBITDA of Rs 94,834 crore in FY26, f...
U.S. Treasury to borrow $2 trillion in 2026 as national debt nears $39 trillion — is America quietly entering a dangerous fiscal crisis beyond Washington’s control?U.S. Treasury is set to borrow over $2 trillion in fiscal year 2026, a federal deficit exceeding 6% of GDP. The Office of Management and Bu...
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 ...
Charting the global economy: Euro area business activity sagsEuro area business activity contracted as the services sector weakened due to the Middle East war, while US retail sales surged, indicating...
Can the U.S debt ceiling be scrapped as suggested by Donald Trump? Here's what the law saysDonald Trump and Elizabeth Warren find common ground. Both want to scrap the US debt ceiling. Trump expressed his agreement with Warren on ...
Imminent debt default: U.S. hurtling toward August debt crisis as CBO warns government could run out of money without Congressional action; here's how it will affect AmericansThe US faces a possible financial crisis as the Congressional Budget Office warns the government could run out of money by August unless Co...
Donald Trump attacks Joe Biden's 2023 debt ceiling deal, calls it 'dumbest' political move in yearsUS President-elect Donald Trump has criticised the 2023 debt ceiling extension, agreed by President Joe Biden and then-House Speaker Kevin ...
Janet Yellen urges immediate Congress intervention on debt ceiling; Speaker Mike Johnson in a precarious situation to get deal done or else he may lose his jobIf the debt ceiling is not raised, the government would technically default on its obligations, potentially leading to economic instability.
Fitch puts US rating on negative watch as debt deadline loomsFitch put the country's "AAA" rating, its highest rank, on a negative watch in a precursor to a possible downgrade should lawmakers fail to...
Scope Ratings places US credit ratings under review for possible downgradeA rise in political polarisation, divided government since November 2022 congressional elections and more elevated federal deficits over th...
Debt ceiling for FPIs likely to be raisedAt present, long-term investors account for 20 per cent of the investment by FPIs in government bonds.
'US failure to raise debt ceiling will be disastrous'The debt ceiling, the upper limit of debt the US federal government is legally allowed to accumulate, was technically hit in March.
- Companies may get more access to foreign borrowings as ceiling on borrowing cost may rise by 100 bps
Co's that raise foreign loans with a maturity of 1 yr or less can do so if interest rates are below 200 bps over the Libor.
- International Monetary Fund calls for hike in US debt ceiling
Providing ammunition to President Barack Obama in his battle with congressional Republicans, IMF has urged US to quickly raise its federal ...
- IBA should take up raising debt swap limit: RBI
Even as bankers in Punjab seek widening of ceiling of Debt Swap Scheme to Rs 100,000, RBI on Wednesday said the matter should be taken up w...
- Centre to slash ECB cap by half to $4.5 bn
The Finance Ministry is set to drastically reduce the internal ceiling for external commercial borrowings (ECBs), from the current limit of...