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FEDERAL DEFICITS
'Musk will credit SpaceX stock to Trump A/cs'President Donald Trump is optimistic that Elon Musk will be donating SpaceX shares to his innovative savings accounts program, joining othe...
What America (still) teaches usDespite perceptions of narcissism, the US has been a significant global positive force, particularly in economics and technology. Its prosp...
India’s next big challenge: From welfare delivery to human developmentThe National Family Health Survey 2023-24 reveals India's success in expanding welfare delivery and essential service access, reaching near...
India has contingency plans in place amid 40% rainfall deficit, says Agriculture CommissionerWhile India is currently facing 40 per cent rainfall deficit, the country has prepared district-level contingency plans to tackle possible ...
Reliance, financials and defence top investment picks as market leadership broadens: Rahul ShahReliance Industries is poised for a turnaround, with strong earnings, a Jio Platforms IPO, and AI/energy investments promising significant ...
Charting the global economy: Fed turns hawkish, China demand weakensFederal Reserve Chairman Kevin Warsh signaled a shift towards interest-rate hikes amid persistent inflation, while euro-area price pressure...
Yen teeters on cusp of 40-year low as BOJ hike fails to stem routThe dollar continues to exhibit resilience against key global currencies, largely fueled by the ongoing unpredictability of a potential U.S...
Peace in West Asia expected to boost order book of Indian exporters: Industry body FIEOThe Federation of Indian Export Organisations (FIEO) said that the conflict in West Asia suppressed India's trade volume, with exports to t...
Rupee closes at 94.56 vs USD; US-Iran peace agreement details, Fed guidance awaitedThe Indian rupee strengthened for the third day in a row. This rise was supported by positive sentiment and anticipation of a U.S.-Iran pea...
China Shock 2.0: Surging Chinese exports threaten Europe's economy, raising concern at G7 summitEight years of U.S. tariffs have failed to curb China’s manufacturing strength, with Beijing posting a record $1.2 trillion trade surplus b...
Exports rise 18% to 6-month high in May; trade deficit widensIndia's merchandise exports reached a record $45.2 billion in May. Imports also grew, leading to a trade deficit of $28.21 billion. Commerc...
US-Iran peace deal brings relief, but India turns to a risk at homeIndia just got a near-term macroeconomic breather from a US-Iran peace deal. However, early monsoon weakness and potential El Niño conditio...
US-Iran peace deal may help boost India's exports, stabilise rupeeA peace deal between the US and Iran is set to reopen the Strait of Hormuz. This agreement is anticipated to significantly boost India's ex...
FPI exodus continues, Rs 62,800 cr pulled out from equities in first fortnight of JuneForeign investors continue to sell Indian shares. They have withdrawn over Rs 62,853 crore in early June. This follows significant outflows...
FCNR(B): Revisiting a proven crisis management toolFacing renewed external sector pressures, the RBI has revived a version of the FCNR(B) deposit framework to attract foreign currency inflow...
Pakistan budget raises defence spending, squeezes development to meet IMF goalsFinance Minister Muhammad Aurangzeb told parliament the government would allocate 3 trillion rupees for defence in the fiscal year starting...
Why the G7 is worried about global economic imbalancesIn a pivotal discussion at the G7 summit, France is highlighting urgent concerns about the global economic landscape. China's robust export...
Trump calls court freeze on $100,000 H-1B fee ‘crazy’ and 'hurting our country'US President Donald Trump slammed federal judges for blocking his administration's USD 100,000 H-1B visa fee, calling the system "crazy". W...
US lawmakers cheer as court blocks $100,000 H-1B fee in major blow to Trump visa curbsUS lawmakers welcomed a court ruling blocking a proposed USD 100,000 H-1B visa fee, despite White House plans to appeal. The decision cruci...
India considers spending curbs to protect fiscal deficit targetIndia's government is reviewing potential budget spending cuts. Higher oil prices are increasing subsidy costs and threatening fiscal goals...