India hikes spending, shuns ‘outright populism’ in last pre-election budget

Capex to rise 33% to 10 trillion rupees in 2023/24 Govt targets gross borrowing of 15.43 trillion rupees Eyes fiscal deficit of 5.9% in 2023/24, 4.5% by 2025/26 NEW DELHI, Feb 1 (Reuters) – India announced on Wednesday one of its biggest ever increases in capital spending for the next fiscal year to create jobs … Read more

New Zealand counts cost of Auckland floods, more rain forecast

WELLINGTON, Jan 30 (Reuters) – Flood-ravaged Auckland is forecast to receive further heavy rain in the coming days, authorities in New Zealand’s largest city said on Monday, as insurers counted the costs of what looks likely to be the country’s most expensive weather. event ever. Four people lost their lives in flash floods and landslides … Read more

Afghanistan earthquake kills at least 1,000, toll expected to rise

KABUL, June 22 (Reuters) – The death toll from an earthquake in Afghanistan on Wednesday hit 1,000, disaster management officials said, with more than 600 injured and the toll expected to grow as information trickles in from remote mountain villages. Houses were reduced to rubble and bodies swathed in blankets lay on the ground after … Read more