Search For "deficit"
Elon Musk's 'America Party' sparks GOP panic ahead of 2026 elections
Updated : 8 months, 1 week ago IST
Senate Republicans fear Elon Musk's plan to launch an "America Party" could split conservative votes in 2026, helping Democrats win key races. Musk's criticism of Trump's spending bill and massive funding potential have raised concerns about his impact on GOP unity and control, The Hill repo
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Sikkim faces worst monsoon shortfall in five years with 35% rainfall defic
Updated : 8 months, 1 week ago IST
GN Raha, Director of the Meteorological Centre Gangtok, confirmed that five of the six districts in the Himalayan state have received deficient rainfall, sparking concerns over agriculture, drinking water supply, and environmental stability.
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India's fiscal consolidation & capex boost went hand-in-hand in Apr-Ma
Updated : 8 months, 2 weeks ago IST
India has made a promising start to the financial year 2025-26 (FY26), as both fiscal consolidation and capital expenditure (capex) are moving forward together, according to a report by Union Bank of India.
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States/UTs to borrow Rs 2.86 lakh crore in Jul-Sep quarter: RBI
Updated : 8 months, 2 weeks ago IST
States and Union Territories combined will raise about Rs 2.86 lakh crore from markets in the quarter July-September 2025, the Reserve Bank of India (RBI) has indicated.
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India's trade deficit may surge to USD 300 bn in FY26 despite lower oil pr
Updated : 8 months, 2 weeks ago IST
India's trade deficit is likely to widen to USD 300 billion in the financial year 2025-26, even though oil prices are expected to remain moderate, according to a recent report by ICICI Bank.
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India records $13.5 billion current account surplus in Q4-FY25
Updated : 8 months, 3 weeks ago IST
India's current account recorded a surplus of USD 13.5 billion (or 1.3 per cent of GDP) in the January-March quarter of 2024-25 as compared with USD 4.6 billion (or 0.5 per cent of GDP) in the same quarter of 2023-24, RBI data showed Friday.
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Silver prices poised to go up on rising demand, declining supply: Report
Updated : 8 months, 3 weeks ago IST
Silver prices are expected to go up, due to a combination of factors including rising demand and declining supply, a recent report by ICICI ETF indicated.
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Late goals sink India in 3-6 defeat to Belgium
Updated : 8 months, 3 weeks ago IST
Goals from Dilpreet Singh (36') and Mandeep Singh (38') helped India come back from a two-goal deficit, while a late third goal from Amit Rohidas (56') kept India in the contest.
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Surge in crude prices poses risk to India's current account deficit as eve
Updated : 9 months ago IST
Amid rising global crude prices, India's current account deficit (CAD) for FY25 faces an upward risk, as every USD 10 per barrel increase in oil prices can worsen the annual CAD by nearly USD 15 billion, according to a report by Union Bank of India (UBI).
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India's export rose 2.8% in May at $71.1 billion; trade deficit narrowed
Updated : 9 months ago IST
India's overall exports, merchandise and services combined, in May were to the tune of USD 71.12 billion, a 2.77 per cent rise on a yearly basis, Commerce Ministry data showed on Monday. Same month last year it was USD 69.20 billion.
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Private consumption in India slows in Q4 FY25; fiscal deficit met, but rev
Updated : 9 months ago IST
Private consumption in the Indian economy moderated slightly in the fourth quarter of FY25, according to a recent report by Bank of Baroda.
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Govt will have extra Rs 0.8 trn for capex in FY26 because of higher divide
Updated : 9 months, 2 weeks ago IST
The central government has extra space in the fiscal deficit to push up expenditure by at least Rs. 0.8 trillion in FY2026 relative to the Budget Estimates (BE), as the higher GDP and RBI dividend payout provide room for it, according to a report by ICRA.
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