The Indian government is managing its money well. Right now, the fiscal deficit is Rs 4.35 lakh crore, which is 27% of the total budget […]
Tag: government spending
Americans Have Officially Run Out of Savings: A Concerning Trend
For the past six quarters, the United States has been facing a worrying trend: the amount saved by households, businesses, and the government, as a […]
JP Morgan CEO Jamie Dimon Warns U.S. Economy Faces Threat Worse Than Recession
JP Morgan Chase CEO Jamie Dimon has issued a stark warning about the future of the U.S. economy, suggesting it may face challenges even worse […]
US Budget Deficit Surges 24% to $1.9 Trillion for October through August
The U.S. budget gap has ballooned to $1.9 trillion for the period of October through August in the fiscal year 2024, marking a significant 24% […]
Nomura Lowers India’s FY25 Growth Forecast to 6.7% Amid Slower GDP Growth
Nomura has revised its economic growth forecast for India in FY25, lowering it to 6.7% year-on-year from an earlier estimate of 6.9%. This adjustment follows […]
Britain Faces £22 Billion Overspend Due to Previous Government’s Budgeting, Reports New Finance Minister
Rachel Reeves, the new finance minister, informed Parliament that Britain’s public finances are set to show a 22 billion-pound overspend. This overspend is attributed to […]
Moody’s analysis of the Indian budget indicates that the fiscal deficit is projected to reach 4.5% of GDP by the next fiscal year
Fiscal deficit projection: Moody’s expects India’s fiscal deficit to reach 4.5% of GDP by the next fiscal year. This projection indicates that the government’s fiscal […]