Tariff revenues will help narrow the US budget deficit in 2025, but the hit to economic growth and additional tax cuts are likely to limit the size of any lasting fiscal benefit, Fitch Ratings said in a report.
Netanyahu further expressed gratitude to President Trump for inviting him to the White House and praised him as a "remarkable friend" of Israel, noting that Trump delivers on his commitments.
US President Donald Trump made sharp remarks towards China as the US has implemented retaliatory tariffs with a goal of bridging the trade deficits with several countries. This has also impacted the stock markets.
US President Donald Trump defended his administration's implementation of reciprocal tariffs on various countries, emphasising the financial deficits the US faces with nations like China and the European Union and argued that tariffs are the only solution to these trade imbalances.
FC Goa will host Bengaluru FC at the Jawaharlal Nehru Stadium in Goa on Sunday in the second leg of their Indian Super League (ISL) 2024-25 semi-final fixture, as per the official website of ISL.
Speaking to ANI, BJP MP K Sudhakar said, "Karnataka's Congress government is searching every day in what way they can tax the common people...They say that the annual budget has touched the mark of Rs 4 lakh crores but in the last 2-3 years, they have been presenting revenue deficit budgets.
New Delhi [India], March 27: India's steel sector is at a critical juncture, with finished steel imports surging by 20% to 8.29 million tonnes in the April-January period of this fiscal year. Domestic producers are struggling with narrowing profit margins and intensifying competition from fo
The report says that the states are likely to spend less in the Financial Year (FY) 2025, to check the fiscal deficit-to-GDP ratio (by 20-30bps) than the budgeted 3.2 per cent.
Bangalore (Karnataka) [India], March 19: A 34-year, gentleman named Adan (name changed), hailing from Ghana, South Africa adhering to Jehovah's beliefs, presented with symptoms of left-sided weakness persisting for a year and headaches worsening over the pasts eight months ago. The weakness
Despite improvements in the current account deficit, muted net foreign direct investment (FDI) and continued outflow of foreign portfolio investment (FPI) suggest that the overall balance of payments (BoP) will continue to face pressure, said a report by ICICI Bank Global Markets.
India's current account deficit is likely to see a sharp downside risk for FY25 GDP, as seen in the sharp positive surprise in February trade data according to a report by the Union Bank of India (UBI). India's trade deficit for February 2025 has seen a rare surplus of USD 4.4 billion.
BRS Working President KT Rama Rao criticizes the Congress government, questioning claims of Telangana's growth and welfare progress, pointing out the CM's admission of a Rs 71,000 crore deficit and negative economic growth.