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DEBT SUPER COMMITTEE
US national debt crosses 100% of GDP: America now owes more than its entire economy produces — and the $1 trillion interest payments alone now outpace the PentagonU.S. debt-to-GDP ratio hit 100.2% on March 31: For the first time since the ruins of World War II, the United States national debt has surp...- From $1.5 billion to $1.8 million: That's how much Harris' campaign had in the bank on November 25The financial state of Vice President Kamala Harris' 2024 presidential campaign has taken a sharp turn. Despite raising over $1.5 billion, ...
- Trump political committee has spent more than $40 million on lawyers' fees as his legal peril mountsSmith is the special counsel leading the federal investigations of Trump. His team has expressed interest in the payment of legal fees for ...
- Indiabulls Real Estate to use Rs 865 crore QIP proceeds for land acquisition, debt reductionIndiabulls Real Estate on Monday said it will utilise Rs 865 crore raised by issuing shares to institutional investors mainly for land acqu...
- Why are debt mutual funds suffering?The return from debt funds have also been meagre although a rally in the government bond market since the Reserve Bank of India’s “super do...
- Apex panel urges space department, defence to vacate spectrum for 5G servicesDoT has urged the government to release a whopping 3,000 units of premium millimeter waves in the 26-28 Ghz bands and 125 units in the 3.3-...
- Government sets up a panel of secretaries to streamline telecom spectrum allocationTelcos have for long been demanding that the government gives a clear road map for auctioning spectrum, which would help them plan and allo...
- Maharashtra to raise Rs 2 lakh crore by selling unused landA Government Resolution (GR) of the Finance department issued on August 16 said that the state was in need of Rs 80,000 cr to complete irri...
- ABG Shipyard allots 6.32 crore CCPS to four lenders under CDR planABG Shipyard today said it has allotted more than six crore compulsorily convertible preference shares (CCPS) to four lenders under its cor...
- Sharad Pawar mocks Narendra Modi, questions his 'knowledge' of historyPawar today took a dig at Narendra Modi over his public gaffes and said BJP's PM nominee lacked accurate knowledge of history of the countr...
- No need for super regulator for financial sector: C RangarajanAccording to Rangarajan, "We still have not reached a stage in which our various financial segments have developed to full extent."
- US could hit debt ceiling again around electionLatest $1.2 trillion increase in the US debt limit may not last through Nov's election and could provide fresh ammunition for Republicans t...
- Fitch cuts US outlook to negativeThe US lost its last stable outlook from the three biggest credit-ranking companies after Fitch Ratings lowered the nation to negative.
- Gold rebounds from four-week low as debt concerns spur demandGold gained USD 17.43, or 1 per cent, to USD 1,694.75 an ounce. Prices yesterday fell to USD 1,667.03, lowest since Oct 25.
- Failure to cut debt will jeopardise US security: Leon PanettaThe failure to reach an agreement on deficit reduction is a setback for the country's efforts to achieve fiscal responsibility, Panetta sai...
- Barack Obama blasts Republicans for failure of debt super committeeClearly miffed, Obama threatened to veto any legislation that would void the $ 600 bn in national defence cuts proposed by his Administrati...
- US debt deal: Bungled debt skirmish bodes ill for battle to comeTeam Obama says the president did the best possible job and produced the least harmful outcome in the debt-ceiling crisis, given the bad ha...
- Regulators should come out of their silos, talk to each otherThe parliamentary standing committee on finance has recommended immediate constitution of the proposed financial stability and development ...
- RBI, Sebi turf war likely as policy makers root for single regulatorA policy proposal could stoke an old, simmering turf war between two financial market regulators - RBI and SEBI.
- Who pays the bill for mega bank rescue?A massive bill has been left with European and US govts that have now committed more than three trillion dollars to fighting the global fin...
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