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3 mins read

Deloitte projects India's FY25 GDP growth at 6.6%

Deloitte India on Friday said it estimates India's GDP growth at 6.6 per cent in the current fiscal…

PTI   


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2 mins read

India's rating upgrade possible in next 24 months if fiscal deficit falls to 4%: S&P

The central government estimates to bring down fiscal deficit to 5.1% of the GDP in the current fis…

PTI   


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5 mins read

China is untangling its economy from the West. It could be preparing for long-term tensions and an invasion of Taiwan.

China is trying to make its economy less reliant on the West, but these efforts could also prepare …

Jacob Zinkula   


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2 mins read

Russia's economy appears resilient, but companies are going bankrupt by the hundreds

Russian corporate bankruptcies have risen sharply, reflecting business difficulties even amid rosy …

Huileng Tan   


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2 mins read

The US economy is in a 'selective recession' as lower-income consumers can't cover the cost of living, JPMorgan says

Lower-income Americans are can't keep up with the rising cost of living and have blown through thei…

Jennifer Sor   


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3 mins read

China's economy is facing a nightmarish Year of the Dragon

The failure of Evergrande, the world's biggest property developer, is another headache for Beijing …

George Glover   


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3 mins read

India's economic boom feels like 2003-07: Morgan Stanley

India's current world-beating economic growth rate on the back of an investment boom resembles that…

PTI   


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2 mins read

China's economy is at risk of a brutal 'debt-deflation spiral'

Experts say policymakers in Beijing must intervene to prop up the economy and stabilize markets, an…

Phil Rosen   


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2 mins read

Trump 2.0 would be destructive for the economy, as the former president embraces 'crank' doctrine and economic fantasy, Paul Krugman says

Trump's first term showed he's prone to "magical thinking," and his economic doctrine would hobble …

Jennifer Sor   


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2 mins read

Various measures taken to reduce debt burden, strengthen economy: FM

To bring down the debt burden, the government has taken various measures like increasing the tax re…

PTI   


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3 mins read

China retains 5% growth target for 2024 as economy struggles to shake off slowdown

Grappling with economic slowdown and dwindling business sentiment, China has fixed a modest officia…

PTI   


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3 mins read

Taylor Swift and Beyoncé won't prop up the US economy much longer, with Americans' COVID-era savings running dry

US GDP surged by 4.9% over the third quarter of 2023. But economists are warning that a tumbling sa…

George Glover   


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3 mins read

The Fed may have pumped so much money into the economy that it's now taking way longer to cut rates

Interest rate cuts may not come so soon amid strong job growth and persistent inflation.

Huileng Tan   


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2 mins read

Risk of long COVID 46% higher for patients from socioeconomically deprived areas, study reveals

Workers with lower socioeconomic status have poorer health outcomes and higher premature mortality …

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4 mins read

New York City needs China's economy to bounce back

New York City's tourism industry is showing signs of recovery post-pandemic. However, a full recove…

Cork Gaines   


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2 mins read

Chinese consumers are about to return from the holidays. That doesn't mean the economy will pick up.

Ppending is likely to slow after Chinese New Year, signaling more bad news for Beijing when what it…

Huileng Tan   


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3 mins read

Worldwide tourism and its contribution to global GDP to return to pre-COVID levels this year: WEF study

International tourist arrivals and the travel and tourism sector's contribution to global GDP are e…

ANI   


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3 mins read

Moms and remote jobs are helping to prop up the economy

An increase in remote work opportunities is being credited for helping more women with young childr…

Cork Gaines   


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5 mins read

How Ozempic could change the economy as we know it

Semaglutide drugs that can also aid weight loss are already changing what people buy, and could hav…

Cork Gaines   


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2 mins read

India to be third largest economy by FY28, a developed nation by 2047: FM

Finance Minister Nirmala Sitharaman said on Wednesday exuded confidence that India will become the …

PTI