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3 mins read

Economic Survey 2023-24: Where does India stand on the employment, and what's next?

While the agriculture sector has grown at about 4.18% at constant prices over the last 5 years, Ind…

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Economic Survey shows India's energy needs to grow 2.5x, healthy growth in formal employment

Over the last decade, the manufacturing sector managed to mark an average annual growth rate of 5.2…

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Modi 3.0 1st Budget: Tax relief for middle class, Rs 2 lakh cr job scheme

With rural distress and unemployment being blamed for BJP losing its majority, Sitharaman in her se…

PTI   


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The economy is facing a 'no-landing' scenario that undercuts the financial relief many Americans hoped for

Robust economic data may mean the Fed has less urgency to cut interest rates, hurting the prospects…

Jennifer Sor   


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Stocks beat bonds as risk-on returns amid Fed easing and strong economic data, Goldman Sachs says

Stocks are set to deliver better returns than bonds as the economy supports risk assets amid policy…

Kelly Cloonan   


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Fed trims interest rates by 50 basis points, gold prices touch record-high

Per chairman Jerome Powell, the decision was taken in light of easing inflationary pressures in the…

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China's stimulus isn't enough for its economic woes. But its stock rally could help.

Thanks to last week's stimulus, China's stock market saw its best month in nearly a decade.

Huileng Tan   


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India announces relief aid worth 1 million US dollars for landslide-hit Papua New Guinea

After over 650 people lost their lives in the deadly landslide in Papua New Guinea, India, on Tuesd…

ANI   


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RBI Governor Shaktikanta Das projects 7.2% GDP growth for 2024-25, reports eased inflation to 5.1% in June

RBI Governor Shaktikanta Das says inflation will moderate from July onwards as the monsoon has impr…

ANI   


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Where Kamala Harris' VP pick Tim Walz stands on economic policies

Vice President Kamala Harris' running mate Minnesota Gov. Tim Walz may be exactly who she needed to…

Noah Sheidlower   


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Stock market today: Indexes slide to start heavy week of new economic data

US stocks were down to start the week, with traders looking ahead to a slew of new data including c…

Max Adams   


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RBI likely to keep interest rate unchanged at 6.5%, say experts

Reserve Bank of India (RBI) is likely to keep the key interest unchanged at 6.5% on Thursday, and w…

PTI   


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Maldives President Muizzu thanks India for economic support, affirms hope of signing FTA

Maldives President Mohamed Muizzu thanked India for its support to the island nation in easing its …

ANI   


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Budget size almost unchanged from interim, shows govt's commitment to fiscal prudence: Experts

According to the Union Budget 2024-25 presented by Finance Minister Nirmala Sitharaman, the total e…

PTI   


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Oil marketing companies reduce prices of LPG commercial cylinders by ₹30

The price of the commercial LPG cylinder of 19 Kg has been slashed by Rs 30. Consequently, the new …

ANI   


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Biden's promised economic agenda remains stalled, from student-debt relief to a minimum-wage hike and beyond

From student-loan relief to reversing Trump's tax cuts, Biden's 2020 economic agenda remains large…

Laura Italiano   


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5 mins read

We're on track for a soft economic landing, but it still feels like the economy stinks

After a scary few months of economic data that had investors fearing a recession and stagflation, t…

Dan DeFrancesco   


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A major student-loan company is being sued over claims it mismanaged 8 million borrowers' accounts, blocking them from lower payments and debt relief

The American Federation of Teachers filed a lawsuit against student-loan company MOHELA over claims…

Ayelet Sheffey   


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Consumers frustrated by the economy might never get the relief they're ultimately hoping for

Bad buying conditions coupled with everyday high prices means consumers can't make any major life c…

Dan DeFrancesco   


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The Fed brought some relief to the housing market

Mortgage rates touched the lowest level in seven months on Thursday following an updated outlook fo…

Phil Rosen