The Latest Breaking News from Economy

IndiGo to operate direct flights b/w Chennai and Salem from Oct 29, 2023. Flights to Hyderabad and Bengaluru from Oct 30, 2023. Flight services resumed from Salem airport, promoting tourism and local economy.

Post G20 summit, India is being viewed as a soft power, says Vice-President Jagdeep Dhankar. India is sure to emerge as the third largest economy by 2030, thanks to the visionary leadership and affirmative policies of the Union government, observes Vice-President Jagdeep Dhankar while speaking at three-day centenary celebrations of…

The U.S. economy continues to defy gravity, growing rapidly despite high interest rates. Consumer spending is powering the expansion, but it's not clear how long that can last.

The federal deficit grew to $1.7 trillion—more than $5,000 per person in the US—in FY 2023. The last budget surplus was in FY 2001.

Women must be given freedom, not just to be promoted within male-dominated institutions, to shape better, family-spirited institutions for governance

The Commerce Department reported yesterday that the economy’s annual growth rate was 4.9% in the third quarter, the fastest pace in almost two years, and more than double the second quarter.

Historian Nelson Lichtenstein’s new book details the price we have paid for free trade, deregulation and failed health care reform.

Chris Watling, founder and CEO of Longview Economics, believes the U.S. economy is headed for “tough times.”

China's economy displayed robust growth in the third quarter, underscoring Beijing's resolute commitment to achieving its annual growth target of 5%. Thus, it could be wise to scoop up shares of resilient China stocks LexinFintech Holdings (LX), X Financial (XYF), and Tarena International (TEDU), which exhibit solid growth potential. Read…

Local councillor says move is a ‘false economy’ because fence will need replacing in a few years

Former Chinese premier Li Keqiang died early this Friday from a heart attack at the age of 68, months after retiring from nearly a decade in office. When he took up his post, reformers had hoped Li would initiate bold economic change. Barclays even coined the term "Likenomics" to describe…