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The Latest Breaking News from Deficit

Government panics as Karnataka faces rainfall deficit

The entry of monsoon into Karnataka was delayed by one week. Cyclone Biparjoy has sucked out moisture from southern India, Revenue Minister Krishna Byre Gowda said explaining the reason for the shortfall in rains.

The Hindu

‌Elon Musk On Biden’s ‘Super-Wealthy Tax’ Tweet: ‘Acting Upon That Would Upset A Lot Of Donors’

President Joe Biden has been pushing a proposal to tax billionaires to balance the budgetary deficit.‌

Zenger

Six-run deficit? No problem for Rangers offense in ‘confidence builder’ win over Blue Jays.

ARLINGTON, Texas — Bruce Bochy tends to speak with conviction. He doesn’t dabble much in exaggeration, and he doesn’t say things just to say them. Maybe that’s the mark of a veteran manager. His three World Series rings and a couple thousand career victories sure help give some credence, too.

Tribune News Service

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The recession you have when you’re not having a recession

While economists are expecting further contraction of the NZ economy this year, opinions vary as to how bad things could get.

Newsroom.co.nz

Headteacher speaks of 'bleak future' with money worries making school leaders ill

Katy Williams, headteacher at Romilly Primary School in Barry, said she would have to get rid of five teachers if she wanted to balance the books - which would mean 'five classes of children that do not have a teacher in front of them'

Wales Online

NHS Dumfries and Galloway faces £35.9 million hole in its budget

The potential deficit comes after a £9.3 million injection was needed to ensure the health board balanced its books last year

Daily Record

Big deficit, too many fizzled rallies doom Padres in loss to Guardians

SAN DIEGO — The improved San Diego Padres offense continued to do new things, but could not shake old habits.

Tribune News Service

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Exports dip again; trade deficit hits 5-month high

India’s merchandise exports fell 10.3% to $34.98 billion in May, 2023, while imports contracted at a slower 6.6% rate to $57.1 billion, lifting the trade deficit to a five-month high of $22.1 billion.

The Hindu

The next Finance Commission will have a tough task

The forthcoming Finance Commission should focus on two issues, namely the levy of cesses and surcharges and the issue of freebies

The Hindu

Revival of monsoon likely after dissipation of cyclone

The southwest monsoon, which made a weak onset, still remains sluggish in the State with the majority of metrological subdivisions recording over 60% deficit rainfall.

The Hindu

Andhra Pradesh govt. using revenue deficit grant by Centre to clear dues of small contractors, says YSRCP leader

The Andhra Pradesh government is utilising ₹10,461 crore, which was released by the Union government under the revenue deficit grant fund for the 2014-15 financial year, to clear all small bills of contractors below ₹5 lakh as per the A.P. Reorganisation Act, 2014, a senior leader of the ruling YSR…

The Hindu

Is Now the Time for Platinum to Shine?

The global platinum market is expected to rack up its largest deficit since records began in the 1970s, as supply falters in South Africa. Meanwhile, global platinum demand is forecast to surge 28% this year to 8.2 million ounces. The last time 12%+ of demand could not be met by…

Barchart

Kenya's first budget under Ruto - three experts review its key points

President William Ruto’s first budget comes to the national assembly on 15 June against the backdrop of massive public debt and public disquiet over high inflation. The KSh3.663 trillion (US$26.35 billion) plan sets out priority areas of an administration that campaigned on the platform of empowering the informal sector. Many…

The Conversation

Nuggets’ Michael Malone Warns Heat Will Be ‘Desperate,’ ‘Hungry’ in NBA Finals Game 5

The Nuggets coach knows exactly what it takes to come back from a 3–1 deficit.

Sports Illustrated

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The Conversation

ADHD: inattention and hyperactivity have been the focus of research – but emotional problems may be the missing link

Attention deficit hyperactivity disorder (ADHD) is one of the most common mental health disorders in children, affecting 7.2% of people under the age of 18 worldwide. Many of these children will still have ADHD in adolescence and adulthood.

The Independent UK

Wicket off a no-ball and three dropped catches – Australia give India hope

India are 260 for six at lunch, a deficit of 209.

Birmingham Post

Company behind Newcastle's Point Blank shooting range and cocktail bar is put into liquidation

Trigger Happy UK, which trades as Point Blank in Newcastle, Manchester and Liverpool, is being liquidated with a deficit of more than £600,000

The Hindu

Bridging the growing trust deficit in Manipur

Military and administrative steps may be immediate options to restore peace in Manipur, but care should be taken to undo the damaging steps that have created the trust deficit

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Zenger

Larry Summers Urges Tax Hike On Top 1% As He Sees Economy Languishing In ‘New And Dangerous Territory’

Former Treasury Secretary Larry Summers took to Twitter on Tuesday to express his worst fears concerning the economy

Reason

The Debt Ceiling Deal Does Not Go Nearly Far Enough

Projections of huge savings are making the rounds. Nothing could be further from the truth.

The Hindu

Raichur district sets 5.41 lakh hectares sowing target

Despite the deficit rainfall during the pre-monsoon season this year, agriculture activities are going on in full swing in Raichur district. Across the vast rain-fed areas, farmers are preparing their fields for sowing by making use of the little precipitation that the district received in the recent past.

The Guardian - UK

Woking council declares bankruptcy with £1.2bn deficit

Previous Tory leadership embarked on risky investment spree involving hotels and skyscrapers

The Times of India

Haddad Maia battles into French Open last eight after 3hr 51 minutes epic

NEW DELHI: Beatriz Haddad Maia, the Brazilian left-hander, showcased her fighting spirit by overcoming a set and 3-0 deficit in an intense three-hour and 51-minute match against Sara Sorribes Tormo at the French Open. This victory propelled Haddad Maia to her first-ever Grand Slam quarter-final.

Reuters

Czech government will try to meet 2023 budget deficit target, PM says

The Czech government will try to meet its 2023 budget deficit target of 295 billion crowns ($13.4 billion) although the gap almost expanded to that level already in May, Prime Minister Petr Fiala said on Sunday.

The Hindu

Andhra Pradesh: Development has come to a halt under YSRCP government, says Chandrababu Naidu

The Telugu Desam Party government, during its term, had taken all possible measures to take Andhra Pradesh on the path to progress despite deficit budget, says party national president Chandrababu Naidu

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