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INSANE: 19 | Vintage Vibes

An economist is concerned about Thailand's potential dual deficit scenario, in which both the fiscal balance and current account move into deficit simultaneously.

Bangkok Post

Analyst warns of signals of structural weakness

If a dual deficit persists for 3-5 years, referring to the fiscal balance and current account, it could weaken the forces underpinning Thailand's economic growth and reduce the economy's momentum, warns an economist from Thailand Development Research Institute (TDRI).

Bangkok Post

How George Russell's luckless Monaco GP unravelled as F1 title deficit grows

George Russell has fallen an enormous 68 points behind team-mate Kimi Antonelli after a horrible Monaco Grand Prix

Motorsport

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How Teams Trailing 2–0 in NBA Finals (Like the Spurs) Have Fared in History—Full List

Can the Spurs come back from a 2–0 series deficit and win the 2026 NBA Finals?

Sports Illustrated

Russell bemused by pace deficit to F1 title rival Antonelli

Antonelli took pole for the Monaco Grand Prix while his Mercedes team-mate Russell struggled down in sixth

Autosport

George Russell bemused by pace deficit to F1 title rival Kimi Antonelli

Antonelli took pole for the Monaco Grand Prix while his Mercedes team-mate Russell struggled down in sixth

Motorsport

AFL:Dogs' spirit shines in comeback win over Hawks

The Western Bulldogs have overcome a 29-point deficit in a dominant second half to post a tense win over Hawthorn and crash into the AFL's top six.

AAP

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AFL:Big guns fire in Dogs' comeback win over Hawks

The Western Bulldogs have overcome a 29-point deficit in a dominant second half to post a tense win over Hawthorn and crash into the AFL's top six.

AAP

ICICI Prudential Mutual Fund restricts subscription in ICICI Prudential Gold ETF

ICICI Prudential Mutual Fund has restricted subscriptions exceeding Rs 25 crore in its Gold ETF, becoming the second fund house to do so after HDFC Mutual Fund. This move aims to curb excessive financialization of gold at elevated prices, potentially impacting India's current account deficit and rupee. Investors are advised…

The Economic Times

HDFC Mutual Fund limits subscription in its gold ETF and FoF. What this means for investors?

HDFC Mutual Fund has temporarily restricted large lump-sum investments in its Gold ETF and Gold ETF Fund of Fund amid surging gold prices and rising inflows. While SIPs remain unaffected, the move aims to curb excessive exposure to gold, which experts warn could worsen India's import bill and current account…

The Economic Times

France stunned by Ivory Coast in World Cup warm-up defeat

The Elephants overturned an early deficit to beat France 2-1 on Thursday, inflicting a rare defeat on Didier Deschamps's side in their penultimate World Cup warm-up game.

France 24

India considers spending curbs to protect fiscal deficit target

India's government is reviewing potential budget spending cuts. Higher oil prices are increasing subsidy costs and threatening fiscal goals. Officials are looking at trimming allocations in areas like water resources and loans to states. Capital expenditure and defense spending are unlikely to be reduced.

The Economic Times

New York Knicks storm back to beat Wembanyama's Spurs in NBA finals opener

Jalen Brunson scored 30 points as the New York Knicks rallied from a 14-point second-half deficit to defeat the San Antonio Spurs 105-95 on Wednesday and seize a 1-0 lead in the NBA Finals. Brunson overcame an early injury scare and scored 13 fourth-quarter points, outdueling Victor Wembanyama to complete…

France 24

QLD:Corruption watchdog called in over police funding chaos

A state's police budget is under fire after an independent review uncovered a looming $400 million deficit, triggering a corruption watchdog referral.

AAP

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AAP

Corruption watchdog probes police funding fiasco

A review has uncovered a $400 million hole in a state police budget with funds meant for frontline diverted elsewhere, triggering a corruption watchdog probe.

The Economic Times

Broader markets crash! Physicswallah, Coforge, other small & midcap stocks tumble up to 6%. Do you own?

Indian smallcap and midcap stocks plummeted on Wednesday due to persistent FII selling, a weakening rupee, and global factors. IT stocks, which had surged previously, saw a sharp selloff, with major players like TCS and Infosys dropping significantly. Analysts point to energy shocks and current account deficit concerns impacting market…

Kiplinger

New York 'POWER' Utility Rebates Are Coming: Who Gets a Check?

Rebate checks offer quick relief, but New York budget shifts on childcare, tipped wages, and housing taxes could dictate your true cost of living in 2026.

The Economic Times

A ₹3 lakh crore rain check? India’s monsoon now comes with a Hormuz fine print

India’s fertiliser supply chain is under strain as the West Asia conflict disrupts shipping through the Strait of Hormuz, a critical route for imports. The crisis comes just as India faces a below-normal monsoon forecast, with the IMD projecting rainfall at 90% of the long-term average and a 92% probability…

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The Economic Times

India's CPI inflation expected to rise to 4.8% with crude oil averaging USD 90/bbl in FY27: Report

Forecasts indicate that by FY27, India’s inflation could hit 4.8%, driven by crude oil prices projected at USD 90 per barrel. Factors such as the ongoing conflict in West Asia and a less favorable monsoon outlook are pivotal. Economic growth might taper to 6.3%, with both fiscal and current account…

Barchart

If You Want to Invest in AI Without Losing Sleep, Buy Google Stock Now

Alphabet is the most resilient AI play on the market. Fueled by real cash flow from its classic advertising business and protected from cloud computing deflation, Google is built to survive any macroeconomic "crash test."

Barchart

Sugar Prices Continue Higher on Fears of a Weak Monsoon in India

July NY world sugar #11 (SBN26 ) is up +0.44 (+3.13%), and Aug London ICE white sugar #5 (SWQ26 ) is up +12.20 (+2.78%). Today’s gains added to last Friday’s rally of +0.93% in world sugar and +2.94% in London white sugar. Sugar prices on Monday continued higher amid concerns...

MarketBeat

Are the 3 Newest Members of the $1 Trillion Market Cap Club the Latest Sign of an AI Bubble?

Driven by an AI memory chip shortage, Samsung, SK Hynix, and Micron have crossed $1 trillion market caps as the supply deficit is set to last through 2027.

The Economic Times

India meets FY26 fiscal deficit target of 4.4% of GDP; revenue deficit at 1.55%

India's fiscal deficit reached the budgeted 4.4% of GDP for fiscal 2026. This eases immediate government finance worries. However, the focus shifts to next year's ambitious consolidation target. The country might face challenges meeting the current year's deficit goal due to rising subsidy costs. Revenue receipts showed mixed performance compared…

Euronews

Higher borrowing costs raise economic and political stakes for Trump

US President Donald Trump faces renewed pressure from rising US borrowing costs as investors price in inflation risks linked to the Iran conflict, tariffs and concerns over long-term government debt.

AAP

Trump is facing a new inflation warning from the bond market, adding to his midterm challenges

The world is getting more uptight about lending money to President Donald Trump's government

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