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The Latest Breaking News from Economy

Resilient Indian economy may face West Asia headwinds; El Nino impact likely on agri output: RBI

As energy prices surge and supply chain disruptions persist, India's economic landscape is indeed testing its resilience; yet, robust financial health among corporations and banks, bolstered by proactive government investments, is set to fuel progress, the RBI said.

The Economic Times

Why America is failing its health report card

Americans spend 18% of our economy on healthcare, nearly twice the average of comparable nations, for worse results

The Guardian - US

Bank of England’s Bailey says no rush to raise interest rates amid Iran war uncertainty

Inflation can be tolerated above 2% target for now ‘given context of softness in real economy’, governor says

The Guardian - UK

From analysis to the latest developments in health,
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Russia’s ballooning $28bn Ukraine war bill forces Putin to make spending cuts

Russia continues to spend big on the war as its gains in Ukraine shrink to a fraction of what it took last year

The Independent UK

India ranks 4th globally on AI performance; 5th in digital economy rankings: Report

India has surged to become the world's fifth most digitalised economy and ranks fourth in AI performance, a new report reveals. This positions India ahead of several developed nations, highlighting a significant shift in global digital leadership with developing countries now dominating AI usage.

The Economic Times

Top 10 richest countries in the world in 2026 by GDP: From Liechtenstein to Denmark

Wealth between countries is often discussed as though it were a simple ranking of who has the most money. In reality, the picture is narrower and more complicated. Lists of the world’s richest countries usually measure wealth by GDP per capita, which is economic output divided by population. That changes…

The Times of India

NGT seeks response from Centre, states regarding heatwave conditions across country

The National Green Tribunal has sought responses from the Centre and several states regarding extreme heat conditions across India. Citing a newspaper report, the NGT highlighted the severe impact of rising temperatures on health, productivity, and the economy, emphasizing the need for region-specific adaptation strategies.

The Economic Times

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How Getting Legal Help After a Truck Crash Protects Your Recovery

Rutherfordton runs at the steady pace of a working town, with regional roads that move daily commuters, local businesses, and a fair share of commercial trucks hauling freight through the area. That mix keeps the local economy moving, but it also means crashes involving large trucks happen more often than…

inkl

India steers boat through a risky channel between war clouds and El Nino

India faces a challenging global economic outlook for 2026-27. Geopolitical tensions and volatile oil prices are key concerns. However, India is building resilience through infrastructure, manufacturing incentives, and reduced import dependence. The nation is positioning itself as an investment destination amidst global uncertainty. Domestic demand and strategic initiatives offer a…

The Economic Times

From K-pop to K-glow: Lasers, facial firming drive South Korea's new tourism wave

South Korea is attracting a growing number of foreign visitors for advanced skincare treatments. Tourists are spending more on medical services than on traditional tourism. The country's expertise and competitive pricing make it a top destination for beauty procedures. Many clinics offer treatments not available elsewhere. This trend is boosting…

The Economic Times

If you’re serious about growth – you need to be serious about women

IN FOCUS: Everyone is talking about scaling up – but no one is mentioning those who can really make it happen, says finance leader Sam Cooper-Gray. There is one cohort that could generate over £50bn a year for the British economy, if only those in charge would pay a bit…

The Independent UK

Japan population sees record five-year drop, census shows

Japan's population has seen a record decline. Census data reveals a 2.5 percent drop over five years. The number of newborns also fell for the tenth consecutive year. Government efforts to boost birth rates have yielded limited success. This demographic challenge continues to impact the world's fourth-largest economy.

The Economic Times

Why Modi May Soon Remove These Deadwood Ministers

For years, Prime Minister Narendra Modi built an image of speed, discipline, and decisive governance. From infrastructure to global diplomacy, the Modi government projected confidence and control. But now, after more than a decade in power, a different conversation is slowly growing louder inside political circles has the government started…

MyLifeXP

Global Market Today: Asian stocks rise on US-Iran truce deal, oil drops

Asian markets saw gains as oil prices fell following a tentative US-Iran ceasefire extension. This development eased concerns about energy flow disruptions. Optimism surrounding artificial intelligence also boosted stock markets. However, rising inflation and a cooling economy present challenges for investors. The Federal Reserve's flexibility is limited by persistent price…

The Economic Times

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The Economic Times

Industry expects policy continuity, faster execution under Shivakumar in Karnataka

Executives from the technology, semiconductor and digital economy ecosystem said Karnataka’s long-standing strengths in talent, research and innovation are institutional in nature and unlikely to change with a leadership transition. At the same time, they said stable leadership and faster decision-making would help the state compete more effectively with others…

International Business Times

Key Inflation Gauge Hits Three-Year High As Prices Increase Across Different Sectors Of The Economy

The Commerce Department said Thursday that the personal consumption expenditures price index rose 3.8% in April from a year earlier, up from 3.5% in March and the highest annual increase since May 2023.

Newcastle Herald

'Where are the new jobs?': union boss says get fair dinkum about the Hunter's economy

More than 30 jobs have been cut at Broadmeadow and Waratah plants recently.

The Economic Times

View: Rupee crossing 100 may not be catastrophic, but can India convince the world about its growth story?

As the global economy wobbles, India's rupee approaches a significant dollar benchmark, influenced by surging oil import prices and substantial foreign capital exits. Even with a robust domestic economic framework, investors globally are wary of India's potential vulnerabilities. In light of these challenges, efforts are intensifying to position India as…

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Radio France Internationale

EU probes deal that would give Chinese retailer a stake in France's Fnac Darty

The European Union has opened an investigation into Chinese e-commerce giant JD.com’s proposed €2.2 billion takeover of German electronics retailer Ceconomy, which is the second-largest shareholder of French group Fnac Darty. Regulators suspect the bid may involve Chinese subsidies.

The Guardian - US

US inflation rose at fastest pace in three years in April as Iran war hikes up prices

Americans are growing frustrated with Trump’s handling of the economy as cost of living soars ahead of midterms

International Business Times

U.S. GDP Revised Downward To 1.6%, Commerce Department Says

The U.S.'s GDP growth was reviewed downwards to 1.6% from 2% initially reported.

The Conversation

It’s not just high gas prices – inflation is now spreading through the US economy

Americans don’t need a press release to know that inflation is rising. Gasoline is above $4 per gallon amid the ongoing conflict in the Middle East and closure of the Strait of Hormuz, and the release of key price data on May 28, 2026, underscores why policymakers are worried these…

The Guardian - UK

‘Hidden datacentre tax’ costing Irish households millions, report says

Datacentres used 22% of country’s electricity last year, pushing up household bills, study suggests

Bangkok Post

Minister vows to press ahead with AI-for-all scheme

Digital Economy and Society Minister Chaichanok Chidchob is defending the government’s TH-AI Passport initiative, insisting the 1.6-billion-baht project is a transparent and cost-effective investment aimed at preventing Thailand from falling behind in the global artificial intelligence race.

The Economic Times

Central Bank of India well-positioned to surpass Rs 5,000 cr profit in FY27: MD Kalyan Kumar

Central Bank of India targets Rs 5,000 crore annual profit during this fiscal year. A new tax regime offers a significant boost. The bank plans 150 new branches and hiring 1,400 employees. Customer centricity, HR transformation, and technology are key drivers. Enhanced cybersecurity builds customer trust. These steps position the…

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