pax1, markets, nse, bse, dija, dow, S&P,gold, rupee, pmi, tata, reliance,
The federal government had a budget surplus of $114 billion in April, the Congressional Budget Office estimated Wednesday. That is $1 billion more than a year ago and would be the biggest April surplus since 2008. CBO estimates receipts were 2% higher in April versus the same month a year ago. Spending rose 2.5%. For the fiscal year to date, CBO estimates the deficit to be $301 billion, down $187 billion compared to the same period in 2013. The fiscal year runs from October to September.