The Latest Breaking News from Economy

NEW DELHI: India is the “fastest-growing” economy under Prime Minister Narendra Modi but there are “people” in the Opposition who keep raising questions over the country's progress just out of “jealousy”, finance minister Nirmala Sitharaman said in Lok Sabha on Monday.

Although inflation is still sky-high, and the Fed’s rate hikes are expected to continue, experts believe the economy might succeed in avoiding a recession. Given the uncertainties, we think investors should load up on fundamentally sound stocks Bristol-Myers Squibb (BMY), Waste Management (WM), and Hillenbrand (HI) as we head into…

The global economy will remain weird in 2023. Here's what to expect, according to BCG's top economists.

Better than expected October GDP figure should not obscure risk of prolonged downturn

Britain’s economy shrank in the three months through October, confirming the toll rampant inflation and rising interest rates are having on business and industry

Oil prices fell on Monday, deepening a multi-week decline, as a weakening global economy offset supply woes stemming from the closure of a key pipeline supplying the United States and Russian threats of a production cut. Brent crude futures were down 38 cents, or 0.4%, at $75.72 a barrel by…

The General Authority for Statistics announced on Sunday that Saudi Arabia’s economy grew by 8.8 percent in the third quarter of 2022. This growth was driven by the rise of oil-related activity by 14.2 percent, and non-oil activities by 6 percent, while government activities recorded a growth of 2.5 percent…

The sea has been ravaged by profiteers – many of whose lobbyists are circling in Montreal, says the author Guy Standing

Economists described October’s 0.5 per cent growth as a ‘false dawn’