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Centre releases Rs 1.78 lakh crore to states for festive season, with largest shares to Uttar Pradesh, Bihar, and Madhya Pradesh

Among the other states, Andhra Pradesh received Rs 7,211 crore, Tamil Nadu received Rs 7,268 crore,…

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Indonesia's $30 billion purpose-built new capital city is not going to plan

Nusantara is meant to be ready to house Indonesia's government by October. But building a city in t…

Polly Thompson   


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A 'silver tsunami' of retirement-age baby boomers is creating a big opportunity for real-estate investors, research firm says

America's 65-plus population is on track to reach 80 million over the next 16 years, according to t…

Jennifer Sor   


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3 mins read

How Europe can avoid a trade war in a 2nd Trump term

The EU will need to respond if Trump implements his proposals for sweeping tariffs, but it has to b…

Kelly Cloonan   


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9 mins read

Leaving Los Angeles: Why the film industry is ditching Hollywood

The share of productions being shot in Los Angeles is on the decline. That's allowing entertainment…

Lucia Moses   


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2 mins read

Russia's economy is heading toward a fate worse than recession, pro-Kremlin economists say

"The Russian economy is effectively facing the threat of stagflation — simultaneous stagnation or e…

Filip De Mott   


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Global manufacturing is poised for a temporary boom ahead of possible Trump tariffs, economists say

Businesses may rush to front load imports into the US to avoid higher tariffs after Trump takes off…

Huileng Tan   


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3 mins read

Trump's plan for Social Security will help baby boomers in the short term and cut benefits for anyone younger

Trump promised to cut Social Security taxes. Experts say the plan could slash benefits for low-inco…

Allie Kelly   


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Russian economists and officials foresee a hard struggle in 2025

At a pivotal economic forum, leading figures in Russia's economy said to expect lower growth and in…

Thibault Spirlet   


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5 mins read

CEOs around the world started talking about Trump's tariffs as soon as he won

Tariffs are already dominating conversations among the highest echelons of global business, months …

Polly Thompson   


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3 mins read

Democrats wished the election was about jobs. Trump's win showed it was about prices.

President-elect Donald Trump gained support in some states that saw declines in real wage growth, h…

Ayelet Sheffey,Madison Hoff   


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Punjab's capital expenditure lowest in FY25 at 6.2% vs highest of Gujarat at 36.2%: NSE

In FY25, Punjab is set to experience financial challenges as its capital-to-revenue expenditure rat…

ANI   


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Billionaire Ray Dalio says people should budget for the basics — and the US faces 3 huge threats

Elite investor Ray Dalio said people should budget for the basics and flagged government debt, infi…

Theron Mohamed   


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3 mins read

Russia faces a crisis regardless if Putin ends or continues the war in Ukraine, economist says

Continuing the war means the economy faces stagnation, while ending it would shut off the massive d…

Jennifer Sor   


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2 mins read

Singapore Airlines to invest additional Rs 3,195 cr in Air India post-Vistara merger

Singapore Airlines is set to invest an additional Rs 3,194.5 crore in Air India following the Vista…

PTI   


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China is eyeing $1.4 trillion in fiscal stimulus and even more if Trump is elected, report says

China is weighing additional stimulus that would increase if Trump wins the US election. The candid…

Kelly Cloonan   


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3 mins read

How national security panics in Russia could stifle innovation and hurt its economy

Russia has arrested more people for treason in the past year than the past 20 years combined, one e…

Jennifer Sor   


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5 mins read

AOC and progressive allies want the federal government to build over a million homes. Even YIMBYs don't think it's a good idea.

Housing policy experts say a Democratic effort to get the federal government to build 'social housi…

Eliza Relman   


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1 min read

Sequoia Capital partner Pat Grady is redefining AI investments

Sequoia Capital partner Pat Grady, in Business Insider's 2024 AI Power List, spearheads AI investme…

Ben Bergman