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budget deficit news

The Russian Economy Looks More Vulnerable Each Day

PREMIUM
Headquarters of the Russian Central Bank in Moscow, April 24.
world news
Published on Jun 17, 2026 01:07 pm IST

Newsom outlines his final budget proposal with no deficit, new major spending

Newsom outlines his final budget proposal with no deficit, new major spending
mumbai news
Published on May 15, 2026 12:18 am IST

France is in big trouble, again

PREMIUM
French Prime Minister Francois Bayrou leaves following the weekly cabinet meeting at the Elysee Palace in Paris, August 27, 2025
world news
Published on Aug 28, 2025 04:00 am IST

Guru Jambheshwar Varsity reeling under financial crisis: Sampat Singh

Addressing media in Hisar, Sampat Singh said that the Haryana government had provided ₹140 crore in grant-in-aid to the varsity in 2023–24.
chandigarh news
Published on Aug 21, 2025 07:52 am IST

‘Samosa Caucus’ in America unites to oppose Trump’s ‘One Big Beautiful Bill’

US Speaker of the House Mike Johnson (C) alongside US Republican lawmakers, shows the final tally of the vote on US President Donald Trump's tax bill, One, Big, Beautiful Bill Act during a press conference US Capitol in Washington, DC, on Thursday. (AFP)
world news
Updated on Jul 04, 2025 11:55 pm IST

How White House reacted as Elon Musk tears into Trump's ‘Big Beautiful’ bill

FILE - President Donald Trump and Elon Musk have a difference of opinion on the spending bill.
world news
Updated on May 14, 2026 11:57 am IST

Elon Musk is ‘disappointed’ with Donald Trump's tax bill. Here's why

The network released an excerpt of the Elon Musk interview. It will be broadcast on CBS Sunday Morning this weekend.
us news
Published on May 28, 2025 11:09 am IST

MMRDA cuts spending on infrastructure projects by ₹6,800 crore

MMRDA cuts spending on infrastructure projects by ₹6,800 crore
mumbai news
Published on Mar 29, 2025 06:50 am IST

Austrian far right, conserva

Austrian far right, conserva
world news
Published on Jan 16, 2025 06:17 pm IST

Former Greek prime minister Simitis dies aged 88

Former Greek prime minister Simitis dies aged 88
world news
Published on Jan 05, 2025 05:24 pm IST

Kenya Bond Tax Seen as New Hurdle for Tiny Corporate Debt Market

Kenya Bond Tax Seen as New Hurdle for Tiny Corporate Debt Market
world news
Published on Jun 26, 2024 04:09 pm IST

Thailand to sell 40 bln baht of govt savings bonds to help with budget deficit

Jindarat Viriyataveekul, deputy head of the ministry's public debt management office released the information in a news briefing.
world news
Published on Apr 26, 2023 10:38 am IST

Italy approves new stimulus package to help virus hit economy

The expansionary package is expected to keep Italy’s deficit next year to 7% of economic output, up from a 5.7% forecast in April, reflecting the additional spending
world news
Published on Oct 18, 2020 05:12 pm IST

US fiscal year budget deficit tops $3 trillion

The $3.007 trillion year-to-date deficit was nearly triple the $1.067 trillion deficit for the comparable year-ago period, spurred by a massive increase in government spending to battle the economic fallout from the coronavirus pandemic.
business
Published on Sept 11, 2020 11:53 pm IST

Milk booths to be set up inside parks under North MCD soon

The North Delhi Municipal Corporation has decided to float a tender and release spaces in its 38 colony parks to dairy companies to set up milk booths.
delhi news
Published on Jul 08, 2019 04:15 am IST

Foreign bond sale plan spurs best India bond rally in six months

Prime Minister Narendra Modi has few options left as a slowing economy crimps tax revenue, while investors have been concerned about his plans to borrow a record 7.1 trillion rupees this fiscal year, a target Sitharaman left unchanged.
budget
Updated on Jul 05, 2019 05:28 pm IST

PM Modi’s post-election Budget is key chance to spur waning economy

Newly appointed Finance Minister Nirmala Sitharaman is expected to boost spending and provide tax relief to consumers in her maiden budget on Friday.
budget
Published on Jul 04, 2019 01:02 pm IST

Govt may raise income tax threshold in budget to revive economy: Report

The proposed tax move would put at least ₹2,500 more in the hands of each of India’s 50 million taxpayers.
business
Updated on Jun 20, 2019 03:47 pm IST

North corp writes to Delhi govt, asks for ₹385 crore first quarter tax dues

The monthly salary bill of the north corporation amounts to around ₹300 crore. Its budget deficit is ₹5,200 crore.
delhi news
Published on May 18, 2019 07:51 am IST

Ahead of elections, govt turns to RBI for funds, may get ₹400 billion

Revenue from a goods and services tax, or GST, has for the most part fallen short of the 1-trillion rupee ($14 billion) monthly target, while income from asset sales have lagged estimates.
india news
Updated on Jan 29, 2019 09:13 am IST

Narendra Modi’s record debt sales before polls to pressure Indian bonds

Prime Minister Narendra Modi
india news
Updated on Jan 27, 2019 12:19 pm IST

PM Modi’s pre-election handouts to cost billions, breach fiscal targets: Report

PM Narendra Modi’s BJP lost three major state elections at the end of last year, which analysts say could be due to anger in rural India in the face of low crop prices and rising costs.
india news
Updated on Jan 18, 2019 10:15 pm IST

India’s economy is elephant that’s starting to run, says IMF

Commuters ride an escalator from Japnath metro station as vehicles are sitting in traffic are reflected in a window in New Delhi. India is on track to hold its position as one of the world’s fastest-growing economies as reforms start to pay off, according to the International Monetary Fund.
business
Updated on Aug 09, 2018 05:57 pm IST

Slashed GST rates will cause Rs 15,000 crore loss in revenue ahead of polls

Finance Minister Piyush Goyal and Finance Secretary Hasmukh Adhia during the 28th Meeting of the Goods and Services Tax Council (GST) at Vigyan Bhawan, in New Delhi on Saturday.
business
Updated on Jul 23, 2018 11:04 am IST

Why India is bucking the populist trend by refusing to cut fuel prices

India has a history of going back on fuel reforms, a reason why investors still worry about the government missing its deficit targets.
business
Updated on Jul 13, 2018 11:09 am IST

GST is paying off, but not enough to meet govt’s tax collection target

The number of goods and services attracting the highest rate of GST were pruned before state elections last year, and with polls due in some more states this year and for parliament in early 2019, more such tweaks can’t be ruled out. That may hurt revenue.
business
Updated on Jul 03, 2018 11:11 am IST

A bond-trading secret that helped Bank of Baroda make money in a market that lost $4.4 billion

Kamal Mahajan, head of treasury and global markets at Bank of Baroda (BOB), speaks during an interview in Mumbai.
business
Updated on Jun 25, 2018 11:23 am IST

Benchmark 10-year bond yield climbs past 8% for the first time since May 2015

India’s sovereign debt is heading for a third month of losses as state banks, the biggest holders of the securities, stay away from active participation amid losses.
business
Updated on Jun 08, 2018 12:47 pm IST

Oil conspires with politics to drive rupee toward record low

Every $10 rise in the oil price worsens India’s current-account balance by 0.4% of GDP, pushes up inflation by 30-40 basis points, and hurts growth by about 15 basis points, according to Nomura Holdings Inc.
business
Updated on May 22, 2018 11:36 am IST

Why Karnataka election results may worsen BJP govt’s budget woes

Women sort nuts outside their home in the village of Kuragunda in Karnataka. With almost 70 percent of India's 1.3 billion people living in rural villages and agriculture contributing about 16 percent of gross domestic product, what happens in the sector determines not only Prime Minister Narendra Modi's election fate, but also growth prospects for the $2.3 trillion economy.
business
Updated on May 22, 2018 11:34 am IST
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