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Budget 2026: India’s GDP growth robust, will govt cut down spending? Firstpost speaks to IDFC economist
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22+ hour, 33+ min ago (519+ words) The government is expected to walk a fine line between supporting growth through spending and keeping its finances in check while presenting Union Budget 2026 on Feb 1. According to Gaura Sen Gupta, Chief Economist at IDFC Bank, the focus on fiscal…...
Chinese economy not taking cue from Xi, Beijing turns to roots of the problem — debt-ridden provinces
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1+ day, 16+ hour ago (379+ words) Chinese economy not taking cue from Xi, Beijing turns to roots of the problem " debt-ridden provinces'Firstpost China's central authorities plan to bolster financial support for provincial and municipal governments throughout 2026, addressing chronic revenue shortfalls that have hampered local spending. The…...
India’s GDP seen growing at 7.4% in FY26 despite global tariff headwinds
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1+ day, 17+ hour ago (380+ words) India's GDP seen growing at 7.4% in FY26 despite global tariff headwinds'Firstpost India's economy is projected to grow at a robust 7.4 per cent in real terms in FY 202526, up from 6.5 per cent in FY25, according to the First Advance Estimates released by the…...
Pakistan, Saudi Arabia in talks to convert $2 bn loans into JF-17 fighter jet deal: Report
1+ day, 18+ hour ago (641+ words) Pakistan and Saudi Arabia are in talks to convert about $2 billion in Saudi loans into a deal for JF-17 fighter jets, according to a Reuters report, citing two Pakistani sources said, marking a deepening of military cooperation months after the…...
How India’s 25,000 tonnes of household gold acts as an economic buffer
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1+ day, 18+ hour ago (314+ words) India's vast household gold stockpile, estimated at around 25,000 tonnes, has emerged as a crucial macroeconomic shock absorber, helping support currency stability, financial resilience, and household consumption at a time of heightened global uncertainty, according to IIFL Capital's Outlook 2026. The report…...
Will 2026 bring lower mortgage rates or should buyers brace for higher costs?
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2+ day, 19+ hour ago (393+ words) Mortgage rates have begun to ease, reaching their lowest levels of 2025, but prospects for a sharp drop in borrowing costs remain limited as the US housing market heads into 2026. The average rate on a 30-year fixed mortgage has fallen to…...
Why Has Bulgaria Adopted the Euro as Its Currency? | Vantage With Palki Sharma
1+ week, 1+ hour ago (268+ words) Bulgaria has adopted the Euro, marking a significant moment in the country's European integration. Polls show the country is split down the middle on the shift from the Bulgarian Lev to the Euro. Why has Bulgaria adopted the Euro? Will…...
From lev to euro: Bulgaria marks milestone as euro zone’s newest member
1+ week, 15+ hour ago (318+ words) Bulgaria on Thursday marked its entry into the euro zone with celebrations in the capital, including a display of euro coins on the facade of the central bank in Sofia and a fireworks show, as the country reached a long-awaited…...
Will Trump see a faster-growing US in 2026? 5 factors to keep an eye on
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1+ week, 1+ day ago (650+ words) Soon after returning to the White House, US President Donald Trump announced a host of controversial economic policies that rocked Wall Street and made economists worry about the future of the American economy. However, his administration is keeping a positive…...
Why Bulgaria will start using the euro from January 1
1+ week, 1+ day ago (1024+ words) Bulgaria is set to start using the euro from January 1. Bulgaria, which will become the 21st country to join the eurozone, will bid adieu to its Bulgarian lev (BGN) currency. Bulgaria was granted permission to join the eurozone, countries within the…...