Us Budget Deficit
- All
- News
- Videos
-
"Fails Economic Strategy Test": P Chidambaram's Union Budget Report Card
Congress MP P Chidambaram was blunt in his review of the 2026 budget - tabled by Finance Minister Nirmala Sitharaman - and said he had been left "astonished" by a speech that did not answer questions arising from economic challenges.
-
Asian Development Bank Forecasts India's Growth At 6.5% For FY26
Despite a strong 7.8 per cent growth in the first quarter, the Indian economy is expected to grow at 6.5 per cent in the current financial year ADB said on Tuesday.
-
Elon Musk's Critique Of Trump's "Big, Beautiful" Bill Sparks Talk Of Rift
Billionaire Elon Musk said he was "disappointed" with US President Donald Trump's legislative push for a massive spending package, which includes multi-trillion dollar tax breaks, saying doing so will only "increase the budget deficit".
-
Biden's Proposed Budget Aims To Hike Ukraine Aid, Tax The Rich
The United States would allocate billions of dollars in aid to Ukraine, tax the wealthy and lower its deficit under a budget proposal President Joe Biden unveiled on Monday.
-
US Federal Deficit May Explode To $3.7 Trillion In 2020 Amid Pandemic
The US economy is expected to contract by double digits as unemployment surges, while the federal deficit is seen exploding to $3.7 trillion in 2020, the Congressional Budget Office said Friday.
-
Annual US Budget Deficit Hits $779 Billion, Highest Since 2012: Treasury
The US budget deficit hit a six-year high of $779 billion in the most recent fiscal year, the Treasury announced Monday, underscoring the cost of last year's sweeping tax cuts.
-
Asian Shares Flirt With Six-Week Lows
US congressional leaders reached a two-year budget deal to raise government spending by almost $300 billion, a rare display of bipartisanship that is positive for risk sentiment but is also widening the federal deficit sharply.
-
Rupee Plunges To 6-Week Low Against US Dollar Today: 5 Updates
The rupee has been on a weakening streak since the start of this month. The rupee had plunged by 44 paise against the US dollar on Budget day (Thursday), after the government announced a long-term capital gains (LTCG) tax on equities and set a fiscal deficit target at a wider-than-expected 3.3 per cent for FY19.
-
Day After Budget, Sensex Suffers Biggest Selloff Since November 2016: 10 Points
Sensex and Nifty suffered a big selloff today, a day after Finance Minister Arun Jaitley unveiled Union Budget 2018-19. A higher-than-expected fiscal deficit target for 2018-19 and imposition of new long-term capital gains tax on equities hurt the market sentiment, say experts. The BSE benchmark index Sensex closed 839 points lower at 35,066, while...
-
Republican Plan To Repeal Obamacare Would Leave Millions Uninsured: Report
Fourteen million Americans would lose medical insurance by next year under a Republican plan to dismantle Obamacare that would also reduce the budget deficit, the nonpartisan U.S. Congressional Budget Office said on Monday.
-
"Fails Economic Strategy Test": P Chidambaram's Union Budget Report Card
Congress MP P Chidambaram was blunt in his review of the 2026 budget - tabled by Finance Minister Nirmala Sitharaman - and said he had been left "astonished" by a speech that did not answer questions arising from economic challenges.
-
Asian Development Bank Forecasts India's Growth At 6.5% For FY26
Despite a strong 7.8 per cent growth in the first quarter, the Indian economy is expected to grow at 6.5 per cent in the current financial year ADB said on Tuesday.
-
Elon Musk's Critique Of Trump's "Big, Beautiful" Bill Sparks Talk Of Rift
Billionaire Elon Musk said he was "disappointed" with US President Donald Trump's legislative push for a massive spending package, which includes multi-trillion dollar tax breaks, saying doing so will only "increase the budget deficit".
-
Biden's Proposed Budget Aims To Hike Ukraine Aid, Tax The Rich
The United States would allocate billions of dollars in aid to Ukraine, tax the wealthy and lower its deficit under a budget proposal President Joe Biden unveiled on Monday.
-
US Federal Deficit May Explode To $3.7 Trillion In 2020 Amid Pandemic
The US economy is expected to contract by double digits as unemployment surges, while the federal deficit is seen exploding to $3.7 trillion in 2020, the Congressional Budget Office said Friday.
-
Annual US Budget Deficit Hits $779 Billion, Highest Since 2012: Treasury
The US budget deficit hit a six-year high of $779 billion in the most recent fiscal year, the Treasury announced Monday, underscoring the cost of last year's sweeping tax cuts.
-
Asian Shares Flirt With Six-Week Lows
US congressional leaders reached a two-year budget deal to raise government spending by almost $300 billion, a rare display of bipartisanship that is positive for risk sentiment but is also widening the federal deficit sharply.
-
Rupee Plunges To 6-Week Low Against US Dollar Today: 5 Updates
The rupee has been on a weakening streak since the start of this month. The rupee had plunged by 44 paise against the US dollar on Budget day (Thursday), after the government announced a long-term capital gains (LTCG) tax on equities and set a fiscal deficit target at a wider-than-expected 3.3 per cent for FY19.
-
Day After Budget, Sensex Suffers Biggest Selloff Since November 2016: 10 Points
Sensex and Nifty suffered a big selloff today, a day after Finance Minister Arun Jaitley unveiled Union Budget 2018-19. A higher-than-expected fiscal deficit target for 2018-19 and imposition of new long-term capital gains tax on equities hurt the market sentiment, say experts. The BSE benchmark index Sensex closed 839 points lower at 35,066, while...
-
Republican Plan To Repeal Obamacare Would Leave Millions Uninsured: Report
Fourteen million Americans would lose medical insurance by next year under a Republican plan to dismantle Obamacare that would also reduce the budget deficit, the nonpartisan U.S. Congressional Budget Office said on Monday.
