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Rising trade deficit along with chances of a populist budget might dampen rupee’s prospects during the coming week. Nevertheless, persistent interest of Foreign institutional investors (FIIs) in India’s equity market will arrest any sharp depreciation moves.
India’s current account deficit likely widened to its highest in nearly a decade in the April-June quarter, driven by soaring global commodity prices and the biggest capital outflows
Republicans are hypocrites about money. It’s blatant partisanship at the expense of the American people. It’s cruelty masked as responsibility. They run up the fiscal deficit while in power by cutting taxes for rich people and corporations – then they claim we can’t
Brazilian public sector debt and deficit figures for March released recently gave a glimpse of the fiscal strain to come from the coronavirus crisis, as the national debt surged toward the highest on record and deficits widened sharply.
India’s April-October budgetary fiscal deficit has reached 36.3 per cent of the FY22 target. As per the data furnished by the Controller General of Accounts (CGA), the fiscal deficit -- the difference between revenue and expenditure -- for the April