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The Latest Breaking News from Economic Growth

Oil Price Prediction: Oil prices climb toward $100 as US stocks end record rally

Oil price prediction remains a major topic for investors as oil prices moved closer to $100 per barrel following renewed tensions involving the United States and Iran. The rise in crude oil prices affected stock markets, bond yields, borrowing costs, and inflation concerns. While Wall Street ended a record-winning streak,…

The Economic Times

Officials bank on economic slump helping tame inflation

Australia is not experiencing stagflation but higher interest rates will help cool the economy and inflation, the nation's top bank official says.

AAP

Elevated oil prices could drag India's growth to 6%, below IMF forecast of 6.5%: Gita Gopinath

Elevated oil prices could slow India's economic growth to around 6%, according to former IMF official Gita Gopinath. She warned that prolonged West Asian tensions could further impact global growth and India's prospects. Gopinath emphasized supply-side reforms, renewable energy, and improving ease of doing business to boost investment and strengthen…

The Economic Times

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OECD cuts 2026 global growth forecast and warns of recession risk if Iran war persists

The war in the Middle East has dented economic growth prospects worldwide, with a more severe shock likely if no effective ceasefire is agreed before 2027, the OECD warned Wednesday.

Euronews

Global economic body weighs in on Australian rate rises

The OECD expects Australia's economic growth rate to slow to 1.8 per cent in 2027, which might require the Reserve Bank to lower interest rates.

AAP

UK economy to grow 0.9% this year but outlook cut for 2027 – OECD

Forecasts predicted that global economic growth will slow to 2.8% this year, from 3.4% in 2025.

Evening Standard

Which European countries attract the most foreign investment?

Foreign investment is widely seen as a key driver of economic growth, innovation and job creation. But which countries are winning the race for international investors, and how is Europe's position changing in an increasingly competitive global market?

Euronews

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SBI chairman Shetty sees MPC’s repo rate pause ‘appropriate’ at this juncture: Report

SBI Chairman CS Setty anticipates the Monetary Policy Committee will pause interest rates this week. This aligns with market expectations as economic growth and inflation dynamics support the decision. While a pause is expected now, some economists foresee rate hikes later. Investors await the RBI's stance on inflation risks.

The Economic Times

FED:Aussie shares lift as weak growth softens rate outlook

Australia's share market is edging higher on the back of miners and energy stocks, as March quarter economic growth came in softer than expected.

AAP

Aussie shares bounce as rate hike fears ease for now

Miners, energy stocks and banks have helped the ASX stage a relief rally after weak GDP results boosted the odds of the Reserve Bank keeping rates on hold.

AAP

FED:Economic growth slows to 0.3 per cent amid energy shock

Falling house prices might further exacerbate a slowdown in Australia's economy after GDP growth eased in the first three months of 2026.

AAP

Data centre boom fails to boot up lagging economy

A fourth Reserve Bank rate hike is still on the cards for 2026, despite a slowdown in economic growth, falling productivity and high labour costs.

AAP

Oil rally may fuel stagflation concerns, though AI remains market's key driver: Arnab Das

Renewed Middle East tensions are driving oil prices higher, fueling inflation and economic growth concerns. Despite market optimism, significant challenges remain in resolving issues with Iran, and markets may not have fully priced in potential disruptions, particularly around the Strait of Hormuz.

The Economic Times

GDP growth likely eased in January-March quarter on softer external demand

India's economic growth is projected to have eased to 7.2% in Q1 2026, as weaker external demand and industrial activity tempered strong government spending and agricultural resilience. While external shocks haven't derailed its fastest-growing major economy status, subdued private investment remains a concern. Services growth is expected to stay robust,…

The Economic Times

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The Economic Times

Raise it, regulators: A repo rate hike - 50 bps increase to 5.75 perhaps - will reduce CAD, incentivise capital flows

India's monetary policy committee faces a complex decision. Delayed economic growth data and an unknown US Federal Reserve policy create significant challenges. Inflation is rising while growth slows. The committee must navigate these uncertainties to set interest rates. The government is already taking steps to manage the economy. The committee's…

The Economic Times

Private investment, not West Asia crisis, is India's growth challenge: Surjit Bhalla

Economist Surjit Bhalla states weak private investment is hindering India's economic growth. He believes strong GDP numbers earlier were misleading, driven by government spending. Bhalla argues private investment is more efficient. He dismisses the West Asia crisis as the primary cause. Bhalla suggests policy changes after 2015 made it difficult…

AAP

FED:GDP data tops the economic agenda, RBA officials speak

Reserve Bank governor Michele Bullock will get a chance to react to Wednesday's economic growth figures when she fronts a parliamentary hearing in Canberra.

AAP

GDP data tops the economic agenda, RBA officials speak

Reserve Bank governor Michele Bullock will get a chance to react to Wednesday's economic growth figures when she fronts a parliamentary hearing in Canberra.

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The Economic Times

AI may impact "lucrative job market linked to IT services": EY report

Artificial Intelligence will significantly reshape India's skilled workforce and its IT sector. EY's report highlights potential job market shifts. While India's economic growth remains strong, adapting to AI's evolution is crucial. Policymakers must address technological changes alongside other global challenges to maintain India's growth trajectory and economic future.

AAP

ENERtec Asia 2026 Partners with MIDA to Power Malaysia's Digital Economy via Renewable Energy and Battery Storage Innovation

KUALA LUMPUR, Malaysia, May 30, 2026 /PRNewswire/ -- As shifting geopolitical dynamics, regional supply chain realignments, and surging electricity demand reshape global trade, Malaysia is intensifying efforts to strengthen energy security and future-proof its economic growth through renewable energy (RE) and battery energy storage systems (BESS).

Fortune

Russia warns war costs are ravaging its finances while Ukrainian 'drone overmatch' sends Putin's forces reeling in new phase of combat

Economic growth is also stagnating, with GDP expected to tick up just 0.4% this year, down from a previous view for 1.3%.

The Times of India

Canada dips into technical recession? Pierre Poilievre slams Mark Carney, says no other G7 country is in this situation

Canada entered into what many experts would call a technical recession after it reported two consecutive quarters of contraction in economic growth. Statistics Canada said real gross domestic product fell 0.1 per cent on an annualized basis in the first three months of this year. That comes after a downwardly…

MyLifeXP

The Loneliness Epidemic Has Hit Indian Cities And It Looks Nothing Like You Think

A woman sits in a crowded Delhi Metro scrolling endlessly through Instagram reels. A software engineer in Bengaluru spends ten hours speaking to colleagues online but has nobody to call after work. An elderly couple in Mumbai lives in a luxury apartment tower surrounded by hundreds of people, yet entire…

The Economic Times

The billionaire shakedown: How India changed its 'default' settings

India's decade-old Insolvency and Bankruptcy Code has revolutionized corporate finance, ending a 'defaulter's paradise' and recovering trillions. While significantly boosting financial stability and economic growth, the law now faces challenges from judicial delays. Recent amendments aim to address these bottlenecks, ensuring the code's continued effectiveness in safeguarding India's economic progress.

Bangkok Post

Thailand posts record-high current account deficit in April as economy slows

Thailand posted a record-high current account deficit of $7.6 billion in April, with economic growth ‌slowing from the previous month from the impacts of the Middle East war and expected to get weaker, the Bank of Thailand said on Friday.

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