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Indonesia Exports above expectations (-2.4%) in December: Actual (11.64%)
1+ min ago (236+ words) EUR/USD'edges modestly higher after opening with a downside gap, trading near 1.1840 during Monday's Asian session. However, the pair remains vulnerable to further downside as the US Dollar finds support following President Donald Trump's nomination of Kevin Warsh as the…...
India's Union Budget 2026-27: A Bet On Manufacturing Amid Fiscal Constraints
6+ min ago (1125+ words) The 2026-27 budget focuses on fiscal discipline with a debt reduction target and a "60,000 crore manufacturing push across seven sectors to create jobs. It shifts urban investment to Tier-2 cities and raises stock market transaction taxes. While services and consumption drive…...
Japan's factory activity growth hits near 3-1/2-year peak, PMI shows
23+ min ago (303+ words) Monday, 02 Feb 2026 TOKYO: Japan's manufacturing activity grew at the fastest pace in about three and a half years in January, a private-sector survey showed, as strong customer demand drove an increase in output and new orders. The S&P Global…...
India Above US In Global Power? Elon Musk Makes Big Claim, Shares Data, Says, 'Balance Of Power Is Changing"
32+ min ago (623+ words) Elon Musk has shared data showing India emerging as the world's largest contributor to global economic growth, overtaking the United States.The developments were highlighted by Tesla CEO Elon Musk, who shared IMF figures and noted, "the balance of power…...
When are the BoJ Summary of Opinions and how could they affect USD/JPY?
40+ min ago (313+ words) The Bank of Japan (BOJ)will publish itsreport on Sunday at 23:50 GMT. This report includes theBOJ'sprojection for inflation and economic growth. It is scheduled 8 times per year, about 10 days after the Monetary Policy Statement is released. USD/JPY trades on…...
'India Next Only To China': Nirmala Sitharaman Hits Out At Opposition On GDP Growth Data
55+ min ago (502+ words) Union Finance Minister Nirmala Sitharaman on Sunday targeted the Opposition over India's economic standing, citing a social media post by billionaire entrepreneur Elon Musk that highlighted the growing role of India and China in driving global growth, and keeping both…...
Govt stays on fiscal path, deficit seen lower at 4.3%
59+ min ago (313+ words) New Delhi: Continuingon the path of fiscal consolidation, Finance Minister Nirmala Sitharaman on Sunday pegged fiscal deficit at 4.3 per cent of GDP for the next fiscal as against 4.4 per cent for the... New Delhi: Continuingon the path of fiscal consolidation,…...
Even With Fiscal Crunch, BJP’s Budget Shows It’s Playing the Long Growth Game
1+ hour, 5+ min ago (850+ words) Finance Minister Nirmala Sitharaman, post her nineth Budget on 1 February, Sunday, could take solace from Dr Manmohan Singh's comment in 1991-92 that the quality of a Budget should not be judged from the response of the stock market. Liz Truss, briefly…...
Fiscal deficit pegged at 4.3%
1+ hour, 11+ min ago (240+ words) New Delhi: Union Finance Minister Nirmala Sitharaman on Sunday reaffirmed the government's commitment to fiscal consolidation, pegging the fiscal deficit for 202627 at 4.3 percent of GDP while... New Delhi: Union Finance Minister Nirmala Sitharaman on Sunday reaffirmed the government's commitment to…...
India juggles growth, budget deficit as global risks mount
1+ hour, 12+ min ago (589+ words) File picture: Nirmala Sitharaman with her team ahead of the Budget presentation India unveiled a relatively cautious Budget on Sunday, focusing on economic stability in the face of rising global risks. Finance Minister Nirmala Sitharaman boosted spending on manufacturing and…...