The Latest Breaking News from Deficit

The entry of monsoon into Karnataka was delayed by one week. Cyclone Biparjoy has sucked out moisture from southern India, Revenue Minister Krishna Byre Gowda said explaining the reason for the shortfall in rains.

President Joe Biden has been pushing a proposal to tax billionaires to balance the budgetary deficit.‌

SAN DIEGO — The improved San Diego Padres offense continued to do new things, but could not shake old habits.

India’s merchandise exports fell 10.3% to $34.98 billion in May, 2023, while imports contracted at a slower 6.6% rate to $57.1 billion, lifting the trade deficit to a five-month high of $22.1 billion. 

The forthcoming Finance Commission should focus on two issues, namely the levy of cesses and surcharges and the issue of freebies

The southwest monsoon, which made a weak onset, still remains sluggish in the State with the majority of metrological subdivisions recording over 60% deficit rainfall.

The Andhra Pradesh government is utilising ₹10,461 crore, which was released by the Union government under the revenue deficit grant fund for the 2014-15 financial year, to clear all small bills of contractors below ₹5 lakh as per the A.P. Reorganisation Act, 2014, a senior leader of the ruling YSR…

The global platinum market is expected to rack up its largest deficit since records began in the 1970s, as supply falters in South Africa. Meanwhile, global platinum demand is forecast to surge 28% this year to 8.2 million ounces. The last time 12%+ of demand could not be met by…

President William Ruto’s first budget comes to the national assembly on 15 June against the backdrop of massive public debt and public disquiet over high inflation. The KSh3.663 trillion (US$26.35 billion) plan sets out priority areas of an administration that campaigned on the platform of empowering the informal sector. Many…