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India's Services Index jumps to 58.5 in October as employment grows the fastest in 26 months

India's services sector witnessed a robust performance in October, as the Service PMI index surged …

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S&P Global Market raised growth forecast of China, still significantly lower than India

The S&P Global Market Intelligence has upwardly revised GDP forecasts for China in its latest repor…

ANI   


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Economists expect big bang reforms to continue under Modi 3.0

Narendra Modi, elected leader of the National Democratic Alliance, will take oath as India's Prime …

ANI   


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UK army is unprepared for war and would run out of ammo quickly, former defense official says

The UK military is ill-prepared for war and would run out of ammo in "any larger-scale operation," …

Thibault Spirlet   


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SBI Eco Research forecasts Q3 FY24 GDP growth at 6.8% amid global complexities

According to their report, the GDP growth is likely to be at 6.8 per cent, based on an unchanged ba…

ANI   


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Recession fears mount as UK GDP falls 0.3% in Aug

The UK's gross domestic product (GDP) declined by 0.3 per cent in August, after growth of 0.1 per c…

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The US economy is booming — but Japan and the UK just slipped into recession. Here's why.

The economies in both Japan and the UK contracted in the last three months of 2023, signaling a rec…

George Glover   


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4 mins read

India set to be a $7 trillion economy by 2030, powered by triple engines of rapid financialisation, clean energy transition and digital revolution

India is on track to becoming a $7 trillion economy by 2030 powered by the triple engines of rapid …

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Ukraine's finance minister says the country's economy could shrink by half this year due to the war, a report says

Speaking in a televised interview first reported by Reuters on Saturday, Serhiy Marchenko said the …

Ryan Hogg   


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The UK economy saw a rapid 0.9% growth spurt in November, making it bigger now than before the pandemic

The GDP update shows Britain's economy has reached a key milestone in its recovery from the pandemi…

Harry Robertson   


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Putin doesn't really want a war with NATO because 'Russia will lose and lose quickly,' UK military chief says

Russia would be seriously outclassed by NATO's land, sea, and air forces in a conflict and would lo…

Sinéad Baker   


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1 min read

UK growth slows to 1.3% in the 3rd quarter as supply chain disruptions and inflation hit

Like other economies, the UK is grappling with supply problems and soaring prices that are worrying…

Harry Robertson   


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Global shares fall as hawkish Fed signals continue to echo across financial markets

Stocks eased after more signals from Federal Reserve officials that US rates will soon rise, while …

Adam Morgan McCarthy   


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UK economy expands in August after July dip, but growth undershoots expectations

The UK economy's recovery has slowed in the third quarter after a rapid rebound earlier in the year.

Harry Robertson