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FEDERAL OUTLAYS
US construction spending inches up in May, but homebuilding weakIn May, US construction spending edged up by a mere 0.1%, influenced by increased mortgage rates partly due to tensions in the Middle East....- Stitching the Value Chain: How PM MITRA parks are rewriting India's textile destinyIndia's textile sector, a vital economic pillar, is undergoing a transformative shift with the PM MITRA scheme. This initiative aims to ove...
- Hi(gh) Gasoline! US retail sales in May rise on auto powerAmerican shoppers spent more in May than anticipated. This boost came from tax refunds and a stock market rise. However, this spending has ...
- Charting the global economy: Jobs, inflation feed rate-hike betsStrong hiring across sectors and expanding manufacturing activity signal labor market strength, while upcoming US price data and ECB decisi...
- AI fever spreads, but are markets masking economic cracks?Investors are pouring money into Artificial Intelligence, even as economic worries grow. SpaceX's massive IPO signals strong AI interest. C...
- India to soon unveil incentives for lithium, nickel processing with around Rs 3,000 crore outlay, sources sayIndia's Ministry of Mines is preparing to introduce a new policy. This policy will offer incentives for processing lithium and nickel. The ...
- Europe lacks everything needed to make its stock market a winnerEuropean stocks have lost their momentum as investors shift focus from cheaper regional equities to the AI boom and seek refuge from a glob...
- Relief now, risk later? ECLGS 5.0 aims to ease MSME stress, industry flags risks in moratorium termsECLGS 5.0 is meant to cushion MSMEs from the impact of the US-Iran war, but will it really help small businesses, industry questions.
- India plans stronger exporter support as Middle East crisis strains trade flowsIndia's government is poised to enhance its export tax refund initiative, a strategic move aimed at bolstering its international trade amid...
- Charting the global economy: ECB is leaning toward rate hikesEconomic growth varies globally, with some regions facing inflation and others seeing tech-driven booms. Geopolitical events are influencin...
- AI firms flex lobbying muscle on both side of AtlanticAI companies are spending heavily to shape new regulations in Europe and the United States. They are also engaging the public, promoting AI...
- U.S Government shutdown impact: Budget deficit jump to $284 billion. What does this mean for Americans?Budget deficit last month was up $27 billion, or 10% higher, than the $257 billion deficit posted in October 2024, largely due to the shift...
- DOGE contract cuts worth $8.5 billion so far, a fraction of federal outlaysElon Musk's initiative, through the Department of Government Efficiency (DOGE), claims to have saved U.S. taxpayers $8.5 billion by canceli...
- Rubber stakeholders plead for additional fund to Rubber BoardThe small growers comprising 90% of the total growers have been adversely affected by the crisis.
- Sports gets substantial hike in annual budget 2015Jaitley allocated Rs 1389.48 crore as plan outlay, while Rs 151.65 crore was set aside for non-plan for a total figure of Rs 1541.13 crore.
- States should be allowed to make their own plans: Devendra FadnavisFadnavis today said he sought that states should be allowed to prepare their own strategic plans and NITI should provide domain expertise a...
- Vote on Account 2014: Sports gets a marginal hikeIn his interim budget, Chidambaram allocated Rs 1093 crore as plan outlay while Rs 126 crore was set aside for non-plan for a total figure ...
- Managing risksFixing public infrastructure is not easy. Funding is the major obstacle. To balance the budget, we need to raise revenue or cut outlays, or...
- Union Budget 2011: Rs 5,000 crore to SIDBI insufficient, a raise of just Rs 1,000 crThe SME sector has termed the outlay as insufficient, but welcomed the progress on Goods and Service Tax with the states.
- US posts $102.77 bn July budget deficitFederal budget deficit soared in July, pushed higher by economic stimulus payments and $15 billion in outlays to protect depositors at fail...
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