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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   


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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   


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4 mins read

Around 55% of the Indian economy continues to grow positively, says HSBC Global Research

The Indian economy is experiencing moderate growth with 55% of indicators positive, according to an…

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Indian economy is resilient despite Q2 challenges, says CEA Nageswaran

India's Chief Economic Advisor, V Anantha Nageswaran, expressed optimism about India's economic out…

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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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India's GDP growth to pick up in third quarter compared to first half of FY25: ICRA report

India's economy is expected to grow at a faster rate in the third quarter of this financial year. T…

ANI   


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California's economic growth is slipping behind Texas as the Lone Star state draws corporate HQs and people

Texas' economy is growing faster than California's as major companies and residents leave the coast…

Erin Snodgrass   


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India spent $14 trillion on investments since Independence; more than half of it spent in last 10 years, says Motilal Oswal report

India has witnessed an investment boom, pouring $8 trillion into its economy in the last decade alo…

ANI   


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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…

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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   


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Fundamental drivers of economy gaining momentum, India on sustainable growth path: RBI Governor Das

In the inaugural address at FIBAC 2024, the governor said that massive changes are taking shape in …

PTI   


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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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Rural demand, government spending to drive growth in the second half of FY25

Rural demand and government spending will be key drivers of India's economic growth in the second h…

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3 mins read

FDIs may shift to US under Trump 2.0 but it is unlikely to severely impact FDIs inflow to India, says SBI Report

It added that if similar policies are reintroduced in Trump 2.0 also, it could create challenges fo…

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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   


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India's economic momentum stays strong with composite PMI at 60.7 in July 2024: Anand Rathi report

The Services PMI, recorded 60.3 in July 2024, has consistently held above the 60-mark for seven con…

ANI   


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India likely to grow at 7.2% in FY25, says RBI deputy governor

India's rising working-age population and digital advancements are pivotal in this growth.

PTI   


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Festive consumption growth halved in 2024 as urban demand slacks, notes Nomura

Nomura reports festive consumption growth has dropped to 15% this year. Analysts observed slower gr…

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8 mins read

America is entering a new 'economic supercycle'

The US economy is entering a bold new era that economists say will feature more inflation, more gro…

Linette Lopez   


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China lost 36% of its billionaires to years of economic troubles and crackdowns

China has lost 432 billionaires since the high of 1,185 in 2021, according to a list compiled by t…

Hannah Abraham