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1 min read

Monsoon finally begins retreat after delivering 5% excess rains over India; five regions still struggle with deficit

However, the India Meteorological Department (IMD) has predicted another round of widespread shower…

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2 mins read

Decreased oil exports, because of lower crude prices increasing India's trade deficit, says CRISIL

India's oil exports have been impacted by the fall in crude oil prices, leading to a contraction in…

ANI   


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1 min read

China's weak economy and record US production will lead to a surplus of one million barrels of oil a day next year, IEA says

Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 mil…

Jennifer Sor   


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3 mins read

India may boost FY25 capex by 8-10% amid surging revenues and record RBI surplus, says Market Kaleidoscope report

This fiscal boost comes as India reaches a historic financial milestone. The total market capitaliz…

ANI   


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6 mins read

Between 1930 and 1970, around one third of all women in Puerto Rico were sterilized to address concerns of 'surplus population'

After Puerto Rico became a US colony in 1898, the federal and local governments pushed sterilizatio…

DeArbea Walker   


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2 mins read

RBI’s temp measure to absorb surplus liquidity caused by ₹2,000 note inflows

The Reserve Bank of India (RBI) on Thursday said that scheduled banks shall maintain an incremental…

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1 min read

Oil markets could shift into surplus in early 2024 as demand growth slows and non-OPEC+ producers lead supply growth, IEA says

Oil supply is booming, especially from non-OPEC+ countries, and it will encounter slowing demand ne…

Aruni Soni   


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1 min read

Russia's economy dealt a crushing blow as its current-account surplus collapses by 93%

Russia's current-account surplus tanked 93% to $5.4 billion last quarter from the year-earlier peri…

Zahra Tayeb   


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1 min read

Russia's economy takes a hit as its current-account surplus crashes 85% compared to last year

As war in Ukraine drags on, more signals are flashing that all is not well in Russia's economy desp…

Phil Rosen   


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1 min read

Politically created crude oil surplus is already ending says Goldman Sachs

Fundamentals for crude oil weakened in April-May with modest declines in the Russian exports, recor…

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1 min read

Russia's budget surplus tanked in August amid sanctions and slowing natural-gas supplies to Europe

Russia's surplus fell to 137 billion rubles in the first eight months of 2022 — down from 481…

Huileng Tan   


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6 mins read

What is economic surplus and how does it work?

Economic surplus refers to the gain consumers and producers receive in a particular transaction and…

Melanie Lockert   


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1 min read

Russian oil and gas revenues help current-account surplus more than triple to $167 billion

From January to July, the surplus ballooned to $167 billion, compared to $50 billion for the same p…

Brian Evans   


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1 min read

China is reselling natural gas to energy-strapped Europe as its economic slowdown leaves it with a surplus, report says

China has probably resold more than 4 million tonnes of liquefied natural gas — or roughly 7% of Eu…

Harry Robertson   


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2 mins read

RBI is giving more money to fill the budget hole that may get bigger after the second wave of COVID-19

The Reserve Bank of India (RBI) will transfer Rs 99,122 crore as surplus to the Centre for nine mon…

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2 mins read

Gov. Newsom wants to send direct payments to Californians from the state's unexpected $75 billion budget surplus

In his "Golden State Stimulus," California Gov. Gavin Newsom plans to send middle-income people $60…

Ayelet Sheffey   


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4 mins read

RBI records its largest-ever current account surplus — but that’s not necessarily a good thing

More money in the bank is usually regarded as a positive sign to look forward to, but for the Reser…

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2 mins read

OPINION: How upcycling food waste or surplus to animal feed can bring down the carbon footprint of the food sector

Today, wasted food accounts for roughly 8% of the world’s total carbon emissions, while food produc…

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1 min read

Saudi Arabia is on track for its first budget surplus in nearly a decade as the Kingdom rakes in oil revenues amid a global energy crunch

Despite more spending, Saudi Arabia's budget surplus hit $21 billion in the second quarter thanks t…

Phil Rosen   


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1 min read

Soaring energy prices help Russia push its current account surplus to a record $70.1 billion in the second quarter despite sanctions

Central bank data showed that Russia notched a record current account surplus of $70.1 billion in t…

Phil Rosen