WASHINGTON (AP) — The Senate passed a $1.2 trillion package of spending bills in the early morning hours Saturday, a long overdue action nearly six months into the budget year that will push any threats of a government shutdown to the fall. The bill now goes to President Joe Biden to be signed into law. … Read more
Synopsis Recent reports indicate a decline in cement prices, causing a significant correction in cement stocks. However, it’s important to consider broader factors before making investment or trading decisions in the cement sector. Despite a temporary price dip, the sector continues to benefit from increased demand driven by infrastructure projects and improved balance sheet quality. … Read more
The federal government’s spending priorities are shifting dramatically in the next fiscal year as federal programs put in place during or after the pandemic wind down and the government looks to trim costs across a variety of departments. The budgetary shift out of pandemic mode is most evident at the Public Health Agency of Canada … Read more
Treasury Board President Anita Anand is asking Parliament to approve an extra $8.9 billion in spending in the current fiscal year, which ends March 31. Most of it is for extra costs associated with finance charges, providing health care for Indigenous children, and for military projects at home and abroad, according to the latest supplementary … Read more
New Delhi: Economists expect some significant announcements on February 1 even though it’s an interim budget, since the exercise comes just ahead of the general elections, an ET poll showed. The government will likely increase the amount of money transferred under its flagship direct benefit transfer scheme – Pradhan Mantri Kisan Samman Nidhi or PM-Kisan … Read more
