The Latest Breaking News from Economy

Finance Dept. urges govt. depts. to prepare 2024-25 Budget with extreme austerity. Estimates must be realistic & accurate, revenue & dues to be accelerated. Economy measures may require dropping uneconomical schemes & putting off activities. Deadline for non-plan expenditure is Sept. 5, plan expenditure Sept. 10 & revenue estimates &…

Country’s health and economy ruined as Islamic charity says rich nations must compensate those suffering worst of climate crisis

U.S. employers added 187,000 jobs in July, a slower but still solid pace of growth, suggesting the Federal Reserve may be able to curb inflation without triggering a recession.

A mixed jobs report should keep the Fed on track to leave interest rates unchanged at its next meeting, experts say.

CM Jagan Mohan Reddy praised APCOB's 60-year journey, citing its role in helping farmers and strengthening rural economy. Govt. implemented NABCONS recommendations, amended 1964 Act, appointed professionals, infused ₹2,062 cr. capital. Digitalization, computerisation, professional admin. improved efficiency. Except Eluru, all DCCBs now profitable. APCOB sanctioned ₹500 cr. loans for farm…

Changes to hukou urban quotas will offer easier access to education, healthcare and other benefits

The Bank of England (BoE) has raised interest rates once again to 5.25%, mirroring similar moves by the Federal Reserve and the European Central Bank. The fact that the UK is still suffering from high inflation – higher than either the US or eurozone – made another rate rise appear…

If gainfully employed people in the financial industry recall experiencing food insecurity, what about the average American worker?

U.S. employers added 187,000 jobs in July, still marking a steady pace of growth. The unemployment rate edged down to 3.5%.

Figure is less than expected in first jobs report since Fed raised interest rate to 22-year high

Fewer jobs created last month than expected, but economists hope the US can avoid recession