Global Market: China stocks hold steady as investors await fiscal supportChina’s stock markets were largely subdued on Friday as investors weighed prospects of additional fiscal support against weak domestic dema...
Bessent’s bond market push struggles to bring down US borrowing costsUS Treasury Secretary Scott Bessent’s bond-buyback push has offered only limited relief, with long-term Treasury yields rising again. Inves...
Dollar wobbles as investors balk at US Treasury's rescue effortsThe dollar faced a decline on Friday, ending the week lower amid investor worries. Concerns arose over the U.S. Treasury's bond buyback, wh...
Shivakumar joins Kerala in opposing mining law changes, flags states’ fiscal powersKarnataka Chief Minister DK Shivakumar joined Kerala CM VD Satheesan opposing new mining bill amendments. These changes could restrict stat...
Adani’s Kutch Copper sees Rs 750-800 crore quarterly EBITDA this fiscalKutch Copper anticipates stable quarterly operating profit between Rs 750-800 crore this fiscal year. Higher utilization and revenue will o...
Copper emerges largest contributor for BHP’s EBITDA in fiscal 2026BHP's copper business became the largest earnings contributor, providing 54 percent of underlying EBITDA. Copper prices saw a significant s...
US Stock Market: Treasury steps in to curb rising long-duration bond yieldsThe US Treasury has doubled planned buybacks of longer-dated bonds to at least $4 billion per operation, seeking to ease liquidity pressure...
US debt crosses $40 trillion threshold after doubling under Trump and BidenUnited States debt has now exceeded forty trillion dollars for the first time. This significant increase occurred during the presidencies o...
High Treasury yields put US fiscal outlook under spotlightPersistently high US Treasury auction yields are raising the cost of refinancing government debt and funding future deficits as investors d...
- Fiscally fit: The counterintuitive move that helped India tame inflation
India's inflation between 2010 and 2016 offers a lesson in fiscal discipline. Persistent deficits eroded confidence, leading to high inflat...
Institute of Chartered Accountants of India holds public finance workshop for 100 West Bengal MLAsAround 100 West Bengal MLAs attended an ICAI workshop on public financial management and legislative oversight. The session focused on stat...
Euro zone bonds join global selloff, long-end yields at multi-year highsOn Tuesday, yields on longer-dated euro zone bonds surged to levels not seen in years. The increasing oil prices, spurred by diminishing ex...
Bond markets from US to Japan whacked as inflation and fiscal worries take holdGlobal borrowing costs are hitting multi-decade highs again as inflation fears rise. The United States has seen its 30-year Treasury yields...
Global bond yields rise to multi-year highs as inflation and fiscal concerns intensifyGlobal bond yields surged on Tuesday, with US, Japanese and German government borrowing costs hitting multi-year or multi-decade highs. Ris...
ICAI to train Bengal MLAs on public finances, legislative oversightThe Institute of Chartered Accountants of India will host a workshop for West Bengal MLAs. This event focuses on public financial managemen...
Fitch affirms US at AA+ with stable outlook, flags fiscal and inflation risksFitch Ratings affirmed the US sovereign credit rating at AA+ with a stable outlook, citing economic resilience and the dollar’s reserve-cur...
US deficit reaches $1.8 trillion in first 10 months of fiscal 2026US federal budget deficit hit a record $432 billion in July, taking the fiscal 2026 shortfall to $1.799 trillion in the first 10 months. Hi...