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France’s budget crunch: Four ways Lecornu could break the deadlock

French Prime Minister Sebastien Lecornu's government is preparing for a contentious budget season ahead of elections. The opposition parties are increasing their resistance to proposed deficit-cutting plans. Budget discussions in parliament have faced numerous delays and amendments, complicating passage. If the budget is not approved within 70 days, emergency legislation…

The Economic Times · 10m ago

MoSPI conducting new surveys to improve economic data: Secretary Saurabh Garg

MoSPI is conducting new surveys, including one on cooperatives, to improve India's economic data, Secretary Saurabh Garg said. He expressed confidence in the country's growth trajectory after GDP expanded 7.8% in the first quarter, while highlighting inflation concerns, gaps in measuring household work and care activities, and methodological improvements to…

The Economic Times · Oct 16

The Federal Government Collected $5.4 Trillion. It Still Can't Pay Its Bills.

Entitlement spending, defense spending, and interest payments on the debt continue to climb.

Reason · Oct 15

RBI to continue efforts to curb rupee volatility; external factors driving currency fall: FM

Finance Minister Nirmala Sitharaman mentioned the Reserve Bank of India’s ongoing efforts to stabilize the rupee's value. She noted that the rupee has significantly depreciated due to global uncertainties, despite India's strong economic fundamentals. Sitharaman highlighted recent measures by the RBI that helped the rupee appreciate temporarily in value. She…

The Economic Times · Oct 13

Labour has got the message – it’s developing nations suffering most from bond market turmoil

Just as Brown and Blair did in 2005, Andy Burnham aims to champion debt relief to help developing countries

The Guardian - UK · Oct 11

France’s dilemma: protesters demand spending as markets require fiscal restraint

Waves of protests expose debt crisis faced by French government, but political wrangling is stalling an escape plan. Is there a way out?

The Guardian - UK · Oct 10

Bank governor urges John Healey to use budget to allay market fears amid bond turmoil

Andrew Bailey tells chancellor ‘whatever the stance of fiscal policy, it must be credible and be seen as such by financial markets’

The Guardian - UK · Oct 8

Is America’s $40 trillion debt driving Treasury yields above 5% as interest costs hit $1 trillion and overtake defense spending?

America’s debt has crossed $40 trillion, with roughly $1 trillion added in only five months. A 10-year Treasury yield of 5.04% has made new borrowing more expensive, while net interest payments reached $970 billion in fiscal 2025; about $150 billion above defense spending. Moody’s removed the U.S. government’s last AAA…

The Economic Times · Oct 5

The Federal Government Ran Up a $2 Trillion Deficit in 2026

Congress hasn’t balanced the budget in 25 years.

Reason · Oct 5

RBI may hike repo rate by 25 bps as inflation and oil risks mount: Sunil Sanghai

The RBI could raise the repo rate by 25 basis points in October and signal further tightening as inflation, elevated crude prices and a narrowing rate gap with the US pressure the rupee. Strong reserves and a manageable current account provide crucial buffers.

The Economic Times · Oct 4