France credit downgrade: Fitch cuts rating to A+ from AA- in a record low
Fitch has downgraded France’s credit rating to A+ due to concerns over rising public debt, projecting it to reach 121% of GDP by 2027. This ...
Debt alarm: US national debt hits record $37 trillion, pace doubles with trillion added every five months
The US national debt has surpassed $37 trillion, exceeding pre-pandemic forecasts due to Covid-19 spending and recent tax cuts. Experts warn that this rapid debt ...
Tax collections dip: Net direct tax mop-up falls 1.34% to Rs 5.63 lakh crore as refunds surge; gross receipts rise 3.17%
India’s net direct tax collections experienced a slight decrease of 1.34% year-on-year, totaling Rs 5.63 lakh crore between April 1 and July 10 of FY26, ...
Govt appoints RBI DG T Rabi Sankar as 16th Finance Commission member
T Rabi Sankar, Deputy Governor of the Reserve Bank of India, has been appointed as a part-time member of the 16th Finance Commission, according to ...
Top table rejig: Rabi Sankar appointed to 16th Finance commission as part-time member; after Ajay Jha’s mid-term exit
T Rabi Sankar, RBI Deputy Governor, has been appointed as a part-time member of the 16th Finance Commission, replacing Ajay Narayan Jha. Sankar’s term will ...
RBI’s balance sheet grows 8.2% to Rs 76.25 lakh crore in FY25, delivers Rs 2.69 lakh crore dividend to government
The RBI’s balance sheet expanded by 8.20% to Rs 76.25 lakh crore in fiscal year 2025, driven by increased gold holdings and domestic investments. This ...
RBI to transfer record dividend of Rs 2.69 lakh crore to Central government for FY25, 27.4% up from last year
The Reserve Bank of India (RBI) will pay a record Rs 2.69 lakh crore dividend to the government for fiscal year 2025, a 27.4% increase ...
