DEFENCE BUDGET
Pakistan's fiscal surplus plunges 40% in Q1 as spending and interest costs rise
Pakistan's fiscal position deteriorated in the first quarter of the financial year 2026. The country's budget surplus fell sharply to 0.9 percent of GDP from 1.7 percent. Total government revenue decreased to 6.004 trillion rupees despite an increase in tax collections. Government expenditures rose by 16 percent, heavily influenced by rising interest payments. Pakistan continues to face economic challenges, including public debt and limited revenue generation.
Urgent climate finance pleas at COP31 face a non-urgent response
Poor nations are calling for urgent financial support to address climate-related disasters, yet responses are sluggish. Despite past agreements, funding to vulnerable countries has not met the required targets, causing severe delays. Geopolitical issues and rising military expenditures further divert attention and resources away from climate financing.
Japan warns defence contractors of potential cuts to military orders amid fiscal constraints: Report
Japan is facing potential deep cuts to its military spending as fiscal constraints limit future investments. Finance ministry officials propose allocating only 50 to 60 trillion yen for defence over five years. This proposal falls short of the desired 80 trillion yen advocated by some lawmakers and defense officials. The government's efforts to cut the sales tax on food could further hamper funding resources.
Trump urges Senate leadership to "immediately" advance USD 350 billion defence funding bill
US President Donald Trump has urged Senate leadership to immediately advance a $350 billion defence funding bill, calling it essential to strengthening America's military capabilities. The push comes as Republicans seek to secure additional military spending through budget reconciliation before Democrats take control of Congress in January.
To achieve real peace for our time, Iran must prepare for war
The article argues that Iran should not accept a peace deal without guarantees of sovereignty and long-term security. It contends that Israel’s regional ambitions and US military and political support for it remain the biggest obstacles to lasting peace. With Tehran’s demands unlikely to be accepted by Washington, Iran must strengthen its deterrence or seek a broader settlement through BRICS to prevent another conflict.
Pharma & healthcare funds top mutual fund return charts with over 19% gains. Should investors invest now or wait for a correction?
Pharma and healthcare mutual funds have topped return charts in 2026 with over 19% gains. While strong sector growth supports the outlook, experts caution against chasing the rally and advise investors to assess valuations, risks and portfolio exposure.
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Love Horoscope Today, November 10, 2026: Patience Matters as the Moon Enters Scorpio
Love horoscope today for Tuesday, November 10, 2026, with the Moon in Scorpio, Vishakha and Anuradha Nakshatra, and Shukla Pratipada tithi until about 2 PM. This article covers all 12 zodiac signs with predictions for singles, couples and married readers. Libra and Capricorn may need a calm money talk, while Cancer and Pisces will find gentle, honest words work best.
Samvat 2083 outlook: 8 triggers that could turn Sensex, Nifty correction into a rally by next Diwali
Indian equities enter Samvat 2083 after a correction that has made valuations more attractive, but a sustained rally will depend on several triggers. Falling crude oil prices, easing inflation, an earnings recovery, FII buying, an India-US trade deal and continued domestic liquidity could shape the market's trajectory over the next year.
Trump's $1.5-trillion defence spending push runs into a Democratic wall after midterm rout
The recent midterm elections have heralded a major loss for Republicans, casting a shadow over President Trump's defense budget ambitions. Democrats, now in control of Congress, are resisting Trump's call for a $1.5 trillion increase in defense spending. This development poses a critical challenge as lawmakers must soon tackle the defense policy bill alongside the fiscal year 2027 budget.
Geopolitical tensions, climate finance and 1.5°C breach cloud COP31 negotiations
Kicking off in Antalya, the UN climate conference COP31 will tackle significant climate action issues. With around 160 matters on the agenda, delegates will discuss emission cuts and strategies for global adaptation. Political strains and economic challenges pose obstacles, but Turkiye and Australia are at the helm, advocating for actionable solutions and financial commitments for developing nations, striving for a unified decision on essential climate concerns.
US stocks today: Dow rallies 1,500 pts, S&P, Nasdaq over 1% as Democrats win midterm elections
Wall Street experienced a significant rally after the Democrats gained control of Congress, which eased political uncertainties. Investor sentiment was boosted, although data centre stocks faced a selloff due to potential scrutiny. Major tech companies like Amazon and Meta Platforms rose in value while AI infrastructure providers struggled. A decline in oil prices further contributed to market optimism regarding energy and clean technologies.
Budget 2027–28: ASSOCHAM calls for tax reforms to boost investment, manufacturing, ease of doing business and tax certainty
ASSOCHAM has called for a series of Direct and Indirect Tax reforms in the Union Budget 2027–28 to boost investment, strengthen domestic manufacturing, attract foreign capital and improve ease of doing business.
US defence stocks tumble as Democrats’ midterm victory raises Pentagon spending concerns
Defence stocks experienced a significant decline after Democrats won the midterm elections and will control Congress. Investors are concerned about potential scrutiny on Pentagon spending, affecting military programmes proposed by Donald Trump. Companies like Lockheed Martin and RTX saw their stock prices drop significantly. Analysts predict a projected defense budget closer to prior proposals rather than Trump's request.
Reset will keep India busy as Trump’s midterm loss redraws US politics
The recent US midterm elections have significant implications for international relations and the economy. Incoming policies may impact trade agreements between India and the US, affecting both countries' economies. Additionally, potential conflicts involving Iran could influence energy prices in India, creating economic uncertainty. The evolving political landscape in Washington will require India to adjust its diplomatic strategies.
Democratic wave in US midterm elections weakens Trump at home, opens a new front for India-US ties in Congress
The recent US midterm elections saw the Democratic Party gain significant power in the Senate and House. This shift reflects widespread dissatisfaction with the current Republican leadership and its policies. President Trump's influence over the Republican Party may decline following this electoral outcome. Key policy decisions regarding foreign affairs, including relations with Iran, could be affected by these changes.
Why did the Dow Jones jump 1,250 points today after Democrats won Congress while Tesla, SpaceX and AI stocks struggled? Will a Democratic Congress slow the AI boom?
Wall Street took the election result well on Wednesday, yet some names missed the rally. Democrats won Congress, and the Dow climbed 1,245 points, or 2.40% by 10:44 am ET. The S&P 500 rose 1.52% and the Nasdaq gained 1.82%. But Tesla, SpaceX and data centre stocks fell, as investors worry tighter rules may slow the AI boom.
US stocks today: US stocks rally after Democrats' midterm sweep as AI infrastructure stocks slide
US stocks rallied after Democrats secured control of both chambers of Congress in the midterm elections, easing concerns over major policy shifts. The Dow, S&P 500 and Nasdaq advanced, while data centre stocks declined amid AI regulation concerns. AMD gained on its upbeat 2027 growth forecast, while clean energy stocks surged.
Why are companies restricting AI access to employees
Goldman Sachs, Uber, JPMorgan and Nvidia are some of the global firms that have restricted their employees’ usage of AI tools
Fridge hacks and finance attacks flag AI insecurity
The growing use of AI in cyberattacks could pose a major threat to the global economy, financial markets and critical infrastructure, according to a Reuters commentary by Mike Dolan.
India aiming to achieve Rs 3 lakh crore defence production, Rs 50K crore defence exports by 2029: Rajnath Singh
India aims to build a self-reliant defence ecosystem to meet national security challenges effectively. Defence Minister Rajnath Singh highlighted budget increases and production goals during a recent meeting. The focus includes modernizing military capabilities and enhancing personnel preparedness for contemporary warfare. Strategic autonomy, technological advancements, and operational readiness are crucial for India's military future. The objective is a military that can handle various security challenges through continuous modernization efforts.
Europe space chief heads to Gulf as bloc looks beyond US
The head of the European Space Agency will visit the United Arab Emirates to discuss collaboration. This meeting aims to reduce Europe's dependence on the United States for space exploration. The ESA hopes to establish a framework agreement with the UAE to strengthen its exploration initiatives. Additionally, discussions may include potential investments and participation in upcoming programs. European governments must first ensure adequate funding before pursuing international cooperation.
How Indian investors’ portfolios are changing: From property and gold to SIPs and ETFs
Indian households are re-evaluating their asset allocations as gold holdings rise and equity investments remain stable. Recent data reveals a significant increase in household wealth, particularly in gold and real estate. Households are moving from traditional savings to market investments, notably through systematic investment plans. Meanwhile, financial behaviors are changing, with more monthly contributions being made to equities.
Iran targeted US air defences then hit aircraft and buildings on Mideast bases: AP analysis
An Associated Press analysis of satellite imagery and regional officials' accounts found that Iranian strikes damaged or destroyed structures at 26 US military bases and other sites across the Middle East through August. Iran initially targeted early-warning radars and aircraft infrastructure before hitting warehouses, troop accommodation and other facilities, causing billions of dollars in equipment damage.
8th Pay Commission pension calculator: How Rs 25,000 to Rs 75,000 basic pensions can change at 2.0, 2.25 and 2.57 fitment factors
8th Pay Commission news: The central government has many more pensioners than employees. Union Minister Ashwini Vaishnaw announced DA and DR hikes that will benefit both employees and pensioners. The 8th Pay Commission will consider various recommendations regarding pension adjustments. Estimates show potential pension increases based on fitment factors of 2.0, 2.25, and 2.57. However, the final decision will be made once the Commission releases its report.
Dhurandhar doctrine of national security
India's Arunachal Pradesh minister Balo Raja has suggested the use of cinema to enhance national security awareness. His recommendation follows discussions regarding ongoing tensions with Chinese troops along the border. Raja referenced the success of Aditya Dhar's films in promoting India's intelligence capabilities and resilience. Historical examples from past films, particularly Mr India, highlight cinematic impact on national perception.
It's taxing to be a Delhi woman
Women in Delhi are disadvantaged by high transport costs tied to safety concerns during late-night commutes. Urban planning must be reformed to better accommodate the unique travel patterns of women in the city. Successful initiatives in cities like Vienna and Seoul illustrate how safety can be integrated into public spaces. Implementing gender-disaggregated data and safety audits is essential for equitable urban planning.
Pentagon's 'doomsday' plan as World War III fears grow: How US bases are planning to survive for 90 days as UK urges people to 'Be Ready' for crisis
Amid fears of a potential World War III, the Pentagon' Doomsday plan is to keep major US military bases operational for 90 days without outside support under its FORTRESS initiative. The plan includes independent power supplies, strategic reserves of essential materials and preparations for wartime factory production. Meanwhile, the UK government has launched its 'Be Ready' campaign, urging households to stockpile food, water, cash and emergency supplies in preparation for a national crisis.
UK Budget 2026 Highlights: Treasury chief John Healey presents his first budget, check latest updates
Chancellor John Healey on Wednesday presented his first Budget focused on the rising cost-of-living crisis and energy prices. There were expectations for measures that provide temporary assistance to struggling households and businesses. Here are the highlights of UK Budget 2026.
What time is UK budget today and where to watch it? Will income tax rise, fuel prices increase and pensioners get relief in John Healey’s big announcement?
When will UK budget be announced? UK Chancellor John Healey will deliver his first Budget today, with the key announcements expected on income tax, fuel duty, pension payments and household energy bills. John Healey is set to deliver his first Budget this afternoon, with the chancellor expected to outline the proposals at approximately 12.30pm.
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