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3 mins read

India's power sector to rise 2.2x, defence sector to grow at 13% CAGR by 2030

India's power generation and transmission sectors are poised for substantial growth. Also, India's …

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2 mins read

Rural economy is driving India's growth, Govt capex in infra will stimulate it: Anand Rathi report

The Rural economy of India has emerged as a significant driver of economic growth, outpacing urban …

ANI   


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6 mins read

Budget A-Z, for the GenZ: A fun and handy guide for major terms around upcoming Union Budget

From fiscal deficit to GDP, understand key terms to navigate the financial landscape and make the m…

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2 mins read

The IMF slams the US with urgent warnings over its debt, deficits, and trade barriers

While the IMF touted "remarkable" US growth, Washington needs to urgently address stability issues …

Filip De Mott   


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2 mins read

Looser regulation would allow business-led growth to relieve the 'massive' deficit burden, BlackRock chief Larry Fink says

"We can do so much as a country right now. But we're inhibited by our controls," BlackRock CEO Larr…

Filip De Mott   


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3 mins read

Modi 3.0 will offer policy continuity, but BJP's loss of outright majority may slow down fiscal reforms: Moody's

This victory indicates continuity in policy, particularly in infrastructure spending and boosting d…

ANI   


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1 min read

Saudi Arabia is reportedly trying to plug a $21 billion deficit by selling bonds

Riyadh is pressing ahead with massive spending projects as part of its Vision 2030 economic transfo…

George Glover   


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1 min read

The US debt will surge to $56 trillion in the next 10 years as government spending outpaces revenues

The federal debt is on track to soar 64% over the next decade, notching $56 trillion, according to …

Jennifer Sor   


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3 mins read

Republicans' plan to fund Israel by cutting IRS spending would cost taxpayers billions and add to the national deficit

Cutting IRS funding would mean millionaires and large companies get away with not paying their fair…

Ayelet Sheffey,Juliana Kaplan   


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6 mins read

'Prudent, not populist' with a positive fiscal deficit surprise – market watchers, economists praise Interim Budget 2024

Finance Minister Nirmala Sitharaman presented the Interim Budget for 2024 before the country heads …

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1 min read

The US' $34 trillion debt deficit will drive inflation and worsen 'like global warming' over the next 10 years, Bond King Bill Gross says

As the US relies on deficits for growth, debt will continue to compound, making it a serious proble…

Filip De Mott   


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2 mins read

Russians are freezing as Soviet-era infrastructure in the country crumbles —and Moscow keeps spending on war

Funding for public utilities made up just 2.2% of Russia's total expenditure in 2023. Meanwhile, Mo…

Huileng Tan   


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3 mins read

Joe Manchin worries Biden's social spending agenda costs too much, so why did he just vote for an infrastructure law that costs more?

Manchin says he's worried about the deficit, but just voted for something more expensive than Build…

Ben Winck   


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2 mins read

Ballooning US deficit will keep bond yields high, even as inflation cools, market veteran says

The 10-year Treasury yield will remain at around 4.25%-4.5%, as the government needs to finance its…

Filip De Mott   


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1 min read

Russia's oil and gas revenue crashed by nearly 50% at the start of 2023, leading to a wider budget deficit as Moscow's spending soars

Russia's deficit widened to nearly $25 billion as lower energy revenue met with a surge in spending…

Carla Mozée   


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1 min read

Bitcoin will keep soaring because reckless government spending has 'destroyed' US fiscal stability, billionaire crypto bull Mike Novogratz says

"Our government can't keep its pants on and stop spending money. That went from a problem in the ea…

Phil Rosen   


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2 mins read

Treasury bond auctions may eventually fail because investors will see federal deficits as too unsustainable, Columbia finance professor warns

Concern about the deficit could reach a point where investors won't buy US debt. "At that point you…

Aruni Soni   


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2 mins read

The US economy is 'on steroids' and big government spending will soon hit the market, legendary investor Paul Tudor Jones

There's a "debt bomb" that's about to off in the US economy, billionaire investor Paul Tudor Jones …

Jennifer Sor   


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2 mins read

Bond vigilantes may be waking up as the US deficit balloons - and that's a threat to stocks and the economy, market vet says

The 10-year Treasury yield has surged in September. Bond vigilantes could try to rein in runaway go…

Jennifer Sor   


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2 mins read

Treasury bond supply could soon hit record levels as unsustainable deficits and high rates create spiral effect, Bank of America says

"A daunting supply picture becomes even more challenging given the backdrop of higher financing cos…

Filip De Mott