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Capex and incentives will lead capital goods sector surge by 9-11% in FY25: CRISIL Ratings

In an outlook for India's capital goods sector, leading manufacturers are poised for sustained doub…

ANI   


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BJP's narrow majority could shift focus to rural spending, increased private investments: Bernstein report

The recent election results have delivered a surprise verdict, with the ruling Bharatiya Janata Par…

ANI   


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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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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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Singapore and Hong Kong are the most expensive cities for the ultra-rich to spend their millions

The ranking takes into account the costs of housing and childbirth costs as well as wealthy status …

Grace Dean   


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China spends at least $230 billion trying to win the EV race, study finds

Government subsidies have played a crucial role in nurturing China's thriving EV sector and manufa…

Tom Carter   


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2024 LS polls pegged as costliest ever, expenditure may touch ₹1.35 lakh crore: Expert

Rao stated that this comprehensive expenditure encompasses all spending, direct or indirect, rel…

PTI   


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India fourth largest military spender globally in 2023: SIPRI report

The military expenditure went up in all five geographical regions, with major spending increase…

PTI   


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Indians increasingly spending money on mutual fund investments, insurance, trading: Razorpay analysis

Payments towards mutual fund investments, insurance, and trading have seen a massive jump in the ju…

ANI   


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Economists expect big bang reforms to continue under Modi 3.0

Narendra Modi, elected leader of the National Democratic Alliance, will take oath as India's Prime …

ANI   


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Coalition politics, weakened mandate could make passing legislations on ambitious reforms challenging: Fitch

As the NDA is all set to form the government, Fitch Ratings on Thursday said coalition politics and…

PTI   


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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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Chinese shoppers are buying less than they used to but they're spending on experiences

China's property market was still struggling as April new-home prices fell at their fastest pace in…

Huileng Tan   


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RBI likely to transfer ₹1 trillion to government in FY25

The Reserve Bank of India (RBI) is likely to transfer approximately Rs 1000 billion to the governme…

ANI   


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Job creation remains India’s top economic challenge, per experts polled by Reuters. How can the government resolve this?

India may be the world’s fastest-growing major economy, but dealing with its chronic unemployment w…

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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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How Republicans rail against government spending on TV — only to brag about its benefits back home

Rep. Mike Garcia voted against a bill that delivered nearly $13 million in federal funding to his d…

Bryan Metzger   


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It's so tough to pay cash in China that the government had to fine a KFC for not accepting banknotes

China has been pushing for businesses to leave the door open for customers to use cash, with foreig…

Matthew Loh   


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The US government is paying $2 million of interest a minute as rates stay high

The surge in interest payments has led to some paradoxical thinking on Wall Street about how exactl…

Matthew Fox   


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TikTok is taking the US government to court in a showdown of free speech vs. national security

The TikTok-US government fight pits two pillars of American society against each other: free speech…

Dan DeFrancesco