Want to Know Where the Market Is Going? Don’t Trust This, or Any, Forecast.
Wall Street stock gurus are making predictions again. Our columnist got into the game with a number he doesn’t believe. Source link
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Govt to achieve fiscal deficit target of 4.4 pc in FY26, may even better it: PwC
NEW DELHI: The government is likely to achieve the fiscal deficit target of 4.4 per cent of the GDP in FY26, and it could even better it, a positive signal to global investors about India’s commitment to fiscal management, PwC Partner and Economic Advisory Services leader Ranen Banerjee said.The revision in the nominal GDP growth…
Supreme Court Increasingly Favors the Rich, Economists Say
A new study found that the court’s Republican appointees voted for the wealthier side in cases 70 percent of the time in 2022, up from 45 percent in 1953. Source link
Did Charlie Javice’s 147-Member Legal Team Expense $529 in Gummy Bears?
JPMorgan has had to pay tens of millions in legal costs for the convicted fraudster. It wants the public to see a newly unredacted list of itemized expenses. Source link
Budget 2026: CII pitches demand-led disinvestment plan; proposes four-step privatisation roadmap
The Confederation of Indian Industry (CII) suggested a four-fold privatisation process in their recommendations on the Union Budget 2026-27. They called for faster and more predictable disinvestment. The industry body claimed that a calibrated privatisation approach would help sustain capital expenditure and fund development priorities, particularly in sectors where private participation can improve efficiency, technology…
New Car Sales Are Rising Thanks to Purchases by the Well-Off
A larger proportion of new cars are being bought by affluent Americans as prices and interest rates for auto loans climb, analysts said. Source link
Crypto for Christmas? Gen Z-ers Are Cautiously Open to the Idea.
Despite recent volatility in the crypto market, younger generations are still open to receiving digital currencies as gifts. Source link
Budget 2026: Micro-fertiliser makers pitch reforms; call for uniform GST, single business licence system
The Indian Micro-Fertilizers Manufacturers Association (IMMA) has requested several key changes from the central government ahead of the Union Budget. These include extending 5 per cent GST to all fertilizers under the Fertilizer Control Order, speeding up GST credit refunds, and creating a single licensing system. The association made these demands on Sunday through its…
U.S. Trade Deficit Fell to Lowest Level Since 2009 as Tariffs Reshape Trade
The monthly trade deficit continued to shrink in October after President Trump imposed sweeping tariffs on imports, the latest data showed. Source link
More Student Loan Borrowers Are Shedding Debts in Bankruptcy
A new study suggests that distressed borrowers using a simpler bankruptcy process are succeeding — and that more people like them should try. Source link