Pakistan, which already has an overall debt of USD 274 billion, raised its defence budget by 20%. The massive hike from the previous budget comes even as Pakistan has cut its overall budget by 6.9%. This is one of the largest increases in decades and will require the government to slash spending accordingly. The hike…
President Trump’s bill proposes significant cuts to the US’s largest food aid program — SNAP — impacting millions of people (Image credit: AP) US President Donald Trump‘s recently introduced “Big Beautiful Bill” proposes significant cuts to federal spending on one of the largest food aid programs — the Supplemental Nutrition Assistance Program (SNAP) for low-income…
A surge in budget allocation and sustained policy focus over the past 11 years has led to a wide-ranging transformation in India’s agricultural sector, the Centre said on Saturday, crediting flagship schemes with driving output, procurement, and farmer support to new highs.In an official statement, the government said its agri reforms have empowered farmers and…
<p style="text-align: justify;">प्रधानमंत्री शहबाज शरीफ की अध्यक्षता में पाकिस्तान की राष्ट्रीय आर्थिक परिषद (NEC) ने वित्त वर्ष 2025-26 के लिए 4,224 अरब रुपये के राष्ट्रीय विकास बजट को सर्वसम्मति से मंजूरी दे दी है. एनईसी ने आगामी वित्त वर्ष 2025-26 के लिए सकल घरेल उत्पाद (GDP) की 4.2 प्रतिशत की वृद्धि दर हासिल करने का…
More than 60 United Nations offices, agencies and operations have been ordered to submit proposals by mid-June to cut 20% of their staff, as part of a major reform effort to consolidate operations in the face of a critical funding crunch. The cuts affect about 14,000 posts covered by the regular budget, or about 2,800…
Despite grappling with a deepening financial crisis that is pushing it at bailout mercies, Pakistan has confirmed that it is preparing to increase its defence spending in the next fiscal year, beginning in July. The increase is likely to be announced as the budget is presented on June 2. This comes even as Pakistan reels…
At least 24 factories have been set up in the United States to produce electric cars that qualify for the credit, including a Ford plant making plug-in hybrids in Louisville, Ky., and a General Motors battery plant in Ohio, according to a study from Atlas Public Policy, a research firm. Near Savannah, Ga., Hyundai invested…
The Pakistan government is set to increase its defence spending by 18% to over Rs 2.5 trillion in the upcoming budget amid rising tensions with India over Pahalgam terror attack, the Express Tribune reported.The government is slated to present the 2025-26 budget in the first week of next month, ahead of the new fiscal year…
Robert F. Kennedy Jr., the nation’s health secretary, has said that tackling a chronic disease “epidemic” would be a cornerstone of his Make America Healthy Again agenda, often invoking alarming statistics as an urgent reason for reforming public health in this country. On Friday, President Trump released a proposed budget that called for cutting the…
Under President Trump’s proposed budget, the National Aeronautics and Space Administration would largely become the National Moon and Mars Administration, with an almost singular focus on getting astronauts to those two destinations. The Trump administration proposes a budget of $18.8 billion for NASA, down 24 percent from $24.8 billion in the current budget year. The…