World Bank Executive Director Neelkanth Mishra On Fiscal Deficit And Economy Post US Midterms Result
By India Today
Speaking on the post-midterm economic outlook, World Bank Executive Director Neelkanth Mishra analysed global market trends, commodity price corrections, and their implications for India. He noted that oil prices have corrected and bond yields have come off, observing, 'The cost of capital coming down, the fact that…
Read it in your languageMachine translation by Google of the publisher's page
Explained in this story
Budget deficit
The amount by which a government's spending exceeds its revenue in a given year, covered by borrowing.
Persistent deficits add to public debt and can raise the cost of future borrowing.
More about Budget deficitMore in Economy
From the blog
The Unmade Justice League Sequels Of Zack Snyder Had A Darker Fate Planned For Superman & Batman
Zack Snyder planned several sequels after DC's Justice League, with a brutal fate in store for Superman and Batman. The…
Swati Gupta2 min read
Ramayana Ending Explained: Sunny Deol’s Lord Hanuman With Just 3 Epic Words Gives The Sequel Glimpse – Beginning Of The End Of Ravana!
Ranbir Kapoor, Yash, and Sai Pallavi's Ramayana ended at a high with Sunny Deol's tease as Lord Hanuman - here's…
Swati Gupta4 min read
Godzilla Minus Zero: King Ghidorah’s Origin, Powers, & History In The Godzilla Franchise, Explained
Know all about King Ghidorah's origin, his powers, and his history in the 'Godzilla' franchise. Can Godzilla win? The post…
Swati Gupta2 min read