GovernmentSpending

India’s Fiscal Deficit Widens in Q1 FY26, Reaching 17.9% of Full-Year Target

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India’s Fiscal Deficit Widens in Q1 FY26, Reaching 17.9% of Full-Year Target

India’s Fiscal Deficit Widens in Q1FY26 India’s fiscal deficit has widened significantly in the first quarter of the 2025-26 financial year (Q1FY26), reaching ₹4.51 lakh crore. This amount represents 17.9% of the full-year target, a substantial jump from the 8.4% recorded in the same period last year. This increase is primarily due to two key … Read more

Elon Musk Slams US Debt Surge: “Slavery” Looms as Interest Payments Spike

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Elon Musk Slams US Debt Surge: “Slavery” Looms as Interest Payments Spike

America’s national debt is skyrocketing, and figures like Elon Musk are sounding the alarm, calling it “debt slavery.” Since 2020, the U.S. has piled on over $12 trillion in new debt, a sum that took 221 years to accumulate previously. This brings the total national debt past $36 trillion, exceeding 122% of GDP. This rapid … Read more