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The Latest Breaking News from Deficit

UP, Gujarat, Jharkhand, 10 other states record revenue surplus in FY25: CAG report

Fifteen Indian states faced revenue deficits in the fiscal year 2024-25. Thirteen states, however, reported revenue surpluses. The Comptroller and Auditor General's report highlights these financial outcomes. States' own tax revenues are growing, forming a significant part of total receipts. Committed expenditures like salaries and pensions remain a major cost…

The Economic Times

Fiscal stress deepens across states as all 28 post deficits in FY25: CAG report

India's states continued to face mounting fiscal pressures in 2024-25, with all 28 states reporting fiscal deficits and their combined liabilities rising to Rs 90.51 lakh crore as of March 31, 2025, according to the Comptroller and Auditor General's (CAG) report State Finances 2024-25 released on Monday.

The Economic Times

India's export outlook is challenging for FY27, but worst is over: Elara Securities

India's export outlook remains challenging in FY27 amid moderating global demand and elevated electronics imports, but the worst phase appears to be behind as a weaker rupee, resilient services exports and strong remittance inflows are likely to cushion external sector pressures, according to a report by Elara Securities.

The Economic Times

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Weakness in Crude Oil Weighs on Sugar Prices

July NY world sugar #11 (SBN26 ) on Monday closed down -0.02 (-0.15%), and Aug London ICE white sugar #5 (SWQ26 ) closed down -2.20 (-0.49%). Sugar prices were under pressure on Monday, with NY sugar falling to a 1.75-month low and London sugar falling to a 2.5-week low. Monday’s...

Barchart

Sugar Prices Undercut as Crude Oil Sinks

July NY world sugar #11 (SBN26 ) today is down -0.04 (-0.29%), and Aug London ICE white sugar #5 (SWQ26 ) is down -3.00 (-0.67%). Sugar prices are under pressure today, with NY sugar falling to a 1.75-month low and London sugar falling to a 2.5-week low. Today’s -5% plunge...

Barchart

Spectacular deficits and record revenues: FIFA’s financial cycles are a winning strategy

The 2026 FIFA World Cup has kicked off across North America. FIFA, the governing body that organizes it, is widely seen as a prosperous organization. After all, it governs the world’s most popular sport and its most prestigious event. It’s regarded as a machine generating billions of dollars.

The Conversation

EU trade deficit with China reaches record €1bn a day, data shows

Import and export figures come as European leaders prepare to meet this week to address growing imbalance

The Guardian - UK

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India posts $4.7 bn current account surplus in April; FPI outflows hit $8.7 bn

India achieved a current account surplus of $4.7 billion in April 2026. This positive development occurred even with a larger merchandise trade deficit. Stronger net services exports and a significant rise in net transfers contributed to this surplus. Foreign direct investment also saw a substantial increase. However, foreign portfolio investment…

The Economic Times

India's trade deficit narrows slightly to $28.21 billion in May as petroleum exports cushion energy import blow

India's trade deficit saw a slight reduction in May. A recent US-Iran agreement is bringing welcome relief. This deal is expected to stabilize shipping through the Strait of Hormuz. Consequently, global crude oil prices should moderate. This will ease pressure on India's import bill and help control inflation. Exporters anticipate…

The Economic Times

US-Iran peace deal may help boost India's exports, stabilise rupee

A peace deal between the US and Iran is set to reopen the Strait of Hormuz. This agreement is anticipated to significantly boost India's exports to West Asia. It will also help stabilize the Indian rupee and reduce inflationary pressures. The reopening of this vital shipping route promises economic relief…

The Economic Times

AI data centre boom reveals 'democratic deficit' in Scotland's planning system

Recent proposals for AI data centres reveal a 'democratic deficit' at the heart of Scotland's planning system

The National (Scotland)

Verstappen surprised as Red Bull halves gap to Mercedes: “I don’t fully understand it”

While Max Verstappen believes issues in the final sector cost him third place on the grid for the Barcelona Grand Prix, he is surprised Red Bull managed to slash its deficit to Mercedes

Autosport

Max Verstappen surprised as Red Bull halves gap to Mercedes in Barcelona

While Verstappen believes issues in the final sector cost him third place on the grid for the Barcelona Grand Prix, he is surprised Red Bull managed to slash its deficit to Mercedes

Motorsport

No extreme diets: Eat five times a day and still lose 4–5 kgs in 15 days, fitness coach shares plan

An online coach's 15-day fat loss plan is gaining traction on social media, promising 4-5 kg weight loss through a strict calorie deficit of 1200-1500 kcal, high protein intake, and a combination of strength training and cardio. The plan emphasizes avoiding junk food, sugary drinks, and alcohol, alongside daily hydration…

The Economic Times

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The Times of India

Indus Waters Treaty fallout? Nearly a third of Pakistan reels as Sindh, Balochistan face water crisis

Pakistan grapples with a severe water shortage affecting one-third of its population. Last year, India suspended the Indus Waters Treaty after terror attacks. This has intensified water scarcity in Sindh and Balochistan. Irrigation canals face significant deficits. Allegations of unequal water distribution fuel political disputes. Farmers struggle as cultivation is…

Barchart

Sugar Prices Pressured by a Stronger Dollar and Possible US-Iran Peace Deal

July NY world sugar #11 (SBN26 ) today is down -0.06 (-0.44%), and Aug London ICE white sugar #5 (SWQ26 ) is down -1.40 (-0.31%). Sugar prices are trading lower today, with NY sugar falling to a 7-week low. Sugar prices are seeing downward pressure from today’s slightly stronger dollar...

The Conversation

The high cost of undiagnosed and untreated ADHD: Unequal mental-health access and the care economy

Attention deficit hyperactivity disorder (ADHD) is a common neurodevelopmental disorder that can persist from childhood into older adulthood. It impacts individuals from all ethnic groups and socioeconomic backgrounds.

Barchart

Sugar Prices Settle Mixed Amid a Stronger Dollar

July NY world sugar #11 (SBN26 ) on Thursday closed down -0.13 (-0.45%), and Aug London ICE white sugar #5 (SWQ26 ) closed up +2.40 (+0.54%). Sugar prices settled mixed on Thursday, with NY sugar falling to a 7-week low. Dollar strength is weighing on sugar prices, as the dollar...

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Barchart

Dollar Strength Undercuts Sugar Prices

July NY world sugar #11 (SBN26 ) today is down -0.05 (-0.36%), and Aug London ICE white sugar #5 (SWQ26 ) is up +4.80 (+1.08%). Sugar prices are mixed today, with NY sugar falling to a 7-week low. Dollar strength is weighing on sugar prices, as the dollar index ($DXY...

International Business Times UK

Silver Could Be The Biggest Winner From SpaceX's IPO: Experts Warn Supplies May Run Out In 3 Years

SpaceX's £75 billion IPO and ambitious orbital AI satellite plans could trigger a surge in silver demand, exacerbating the global supply deficit and potentially driving silver prices to new heights.

The Economic Times

Why the G7 is worried about global economic imbalances

In a pivotal discussion at the G7 summit, France is highlighting urgent concerns about the global economic landscape. China's robust exports contrast sharply with the U.S.'s mounting deficits, while Europe's investments appear to be lagging. These inconsistencies pose risks for escalating trade disputes and financial unrest.

Bangkok Post

Knicks one win away from NBA title after epic comeback

NEW YORK - The New York Knicks staged the biggest comeback in NBA Finals history on Wednesday as they erased a 29-point deficit to beat the San Antonio Spurs 107-106 and now need one more win to seal the title.

The Economic Times

US refunds $22 billion in first repayments of Trump's tariffs in May

US authorities have begun refunding billions in customs duties. This follows a Supreme Court decision invalidating President Donald Trump's global tariffs. May saw $22 billion in refunds, matching duties collected. The government is processing repayments for $166 billion collected under a previous act. However, appeals could impact ongoing reimbursements. The…

Bangkok Post

Thailand's misleading growth story

Thailand's quarterly GDP growth rate was 1.2% in the third quarter of 2025, rising to 2.5% in the fourth quarter and further to 2.8% in the first quarter of 2026, according to the National Economic and Social Development Council (NESDC).

The Economic Times

Rupee to average around 96/USD in FY27; risks from oil, dollar persist: Motilal Oswal

The Indian rupee is projected to average around 96 against the US dollar in FY27. However, this outlook faces potential challenges including dollar strength and crude oil price fluctuations. Despite a widening trade deficit, strong capital inflows and RBI intervention are expected to prevent a sharp depreciation.

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