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2 mins read
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 …
2 mins read
Retail inflation expected to breach 6% mark in October, says UBI Report
The continued spurt in food prices and fading of the high base effect likely led to a spike in Octo…
2 mins read
SBI economists see Q2 GDP growth slowing down to 6.5%; FY25 growth to be closer to 7%
Economists at SBI predict a dip in India's GDP growth to 6.5% for the September quarter, citing pre…
2 mins read
Trump's presidency will hurt Europe's economic growth amid renewed trade tensions, Goldman Sachs says
Europe could face a 0.5% hit to GDP in a second Trump presidency amid increased trade policy uncert…
Kelly Cloonan
2 mins read
US economic growth came in slightly under expectations but consumer spending remains strong
While third-quarter GDP came in at 2.8% compared to 3% expectations, 2024 continues to be a strong …
Madison Hoff
1 min read
The IMF just raised its growth forecast for the US economy this year — but expects a slowdown in 2025
The International Monetary Fund projected US growth of 2.8% this year, falling to 2.2% in 2025, but…
Theron Mohamed
2 mins read
Monsoon projections to ensure India's GDP growth forecast remains at 7% for FY'25: Asian Development Bank
The Asian Development Bank (ADB) on Wednesday maintained India's GDP growth forecast at 7 per cent …
PTI
3 mins read
Hurricanes are becoming more frequent, violent, and costly — plus they're hitting jobs and economic growth
Climate change is making hurricanes more common and more powerful, while rising asset values are dr…
Theron Mohamed
2 mins read
S&P retains India's growth forecast at 6.8%, expects RBI to cut rates in Oct
S&P said the Union Budget in July outlined that the government remains committed to fiscal consolid…
PTI
2 mins read
A Trump victory raises the risk of a US economic situation worse than recession, 'Dr. Doom' Nouriel Roubini says
Roubini says investors should buy defensive assets like gold and Treasury inflation-protected secur…
Filip De Mott
2 mins read
Russia's economic growth is masking a looming 'economic catastrophe,' researchers say
Russia's private sector is deteriorating while the nation pours money into its military and defense…
Jennifer Sor
1 min read
Economic conditions are 'nearly perfect' and the Fed has engineered a 'miraculous' achievement, Evercore founder says
Economic conditions are "nearly perfect," with only inflation standing in the way of a soft landing…
Filip De Mott
2 mins read
With strong growth momentum in India, Asian earnings growth to outpace US and Europe this year: Report
Reserve Bank of India's (RBI) latest monetary policy report predicts a robust growth rate of 7.2 pe…
ANI
2 mins read
SBI Research anticipates Q1 GDP growth at 7.1%, in line with RBI forecast
Indian economy is expected to grow at 7.0-7.1% in the April-June period, the first quarter of 2024-…
ANI
1 min read
SBI report projects 8-10% depreciation in rupee during Trump’s second tenure as US President
The State Bank of India predicts the Indian rupee could depreciate by 8-10% against the US dollar i…
4 mins read
4 signs of re-inflation investors should watch out for, Charles Schwab says
The Fed could cut interest rates "slower and shallower" in 2025, according to Charles Schwab strate…
Jennifer Sor
3 mins read
3 reasons why Russia's economy can survive without crisis for up to 5 more years, think-tank economists say
Expectations that Russia's economy will struggle are misplaced, and multiple factors should keep th…
Filip De Mott
2 mins read
Investors are underestimating how deep rate cuts will be in 2025, Goldman says
Goldman thinks the Fed will cut rates more aggressively than expected through the end of 2025.
Filip De Mott
1 min read
Inflation heated up in October as expected
October's consumer price index was expected to show inflation heating up at a 2.6% rate.
Madison Hoff
3 mins read
Trump's policies could usher in stagflation and send stock prices plummeting, 'Dr. Doom' economist says
Some of Trump's policies could lead to stagflation, which involves soaring inflation, high interest…