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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
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
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
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…
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
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
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…
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
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
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
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
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…
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
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…
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…
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
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
Soaring oil and gas prices help Russia more than triple its current account surplus to $96 billion, its largest in 28 years
Russia's central bank data showed that the warring nation has tripled its current account balance i…
Phil Rosen
RBI’s annual surplus to the government this year is only one-third of what it was last year
In 2019, the RBI allocated a record ₹1,76,000 crore ($23.5 billion), which was mostly made up of…
China exports jump a surprise 7.2% in July driven by rising demand for medical supplies, despite Trump's 'tech grenade'
China's strong data came even as Donald Trump "lobbed another tech grenade in his cold war with Bei…