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The Latest Breaking News from GDP

The UK economy could already be in recession – we’ll find out tomorrow

City braced for verdict on recession as D-day for economic data looms

Evening Standard

Microsoft CEO Satya Nadella Promotes AI Tools in India

Microsoft CEO Satya Nadella urges Indian developers to utilize the company's AI tools, highlighting their potential impact on India's GDP target.

Top News

RBI pegs India's 2024-25 real GDP growth at 7%

The Reserve Bank of India (RBI), while maintaining the status quo in the repo rate, pegged India's GDP growth for the next financial year 2024-25 (April-March) at 7 per cent. Read further on Dynamite News:

Dynamite News

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RBI’s MPC keeps repo rate unchanged at 6.5% to bring down inflation, support growth

The Reserve Bank of India's Monetary Policy Committee keeps policy repo rate unchanged at 6.50% for 2023-24.

The Hindu

Road map for fiscal consolidation

The Interim Budget for 2024-25 maintains tax rates and emphasizes increasing capital expenditures and fiscal correction.

The Hindu

Russia's Military Spending Drives GDP Growth Amid Economic Challenges

Discover how Russia's GDP growth, fueled by increased military spending, masks underlying economic challenges and highlights the country's broader economic...

Top News

Sales of Client CPUs Soared in Q4 2023: Jon Peddie Research

Global client PC CPU shipments hit 66 million units in the fourth quarter of 2024, up both sequentially and year-over-year, a notable upturn in the PC processor market, according to the latest report from Jon Peddie Research. The data indicates that PC makers have depleted their CPU stocks and returned…

AnandTech

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Brazil's GDP to grow over 2% as inflation converges at 3% - Lula

Learn about Brazil's economic forecast as former president Lula states that the country is estimated to see GDP growth over 2% and inflation converging to ...

Top News

‘Rigid, statutory fiscal targets are getting discredited globally,’ says Finance Secretary

Almost no country seems to adhere to fixed fiscal goals anymore, Finance Secretary T.V. Somanathan said in an interview to The Hindu, emphasising that the country’s high growth trajectory should enable a gradual decline in its debt to GDP ratio.

The Hindu

Indonesia's GDP growth in 2023 slows to 5.1%

Discover the latest update on Indonesia's economy. The GDP growth is projected to slow down to 5.1% in 2023. Stay informed on the country's economic perfor...

Top News

IMF Forecasts China's GDP Growth to Slow to 4.6% by 2024

The International Monetary Fund (IMF) projects China's GDP to slow to 4.6% in 2024 and potentially decline further in the medium term. Find out more.

Top News

Budget has laid roadmap for Viksit Bharat, says BJP leader

The interim Union Budget allocates ₹11.10 lakh crore for capital expenditure, focusing on housing, financial empowerment, and GDP growth.

The Hindu

Budget 2024 | The pace of fiscal consolidation took everyone by surprise

The 2024 Budget focuses on fiscal consolidation and maintaining infrastructure spending, with lower fiscal deficit targets and optimistic growth projections.

The Hindu

A political, feel-good statement

The Budget is an account of the achievements of the present regime and refuses to address shortcomings such as lack of employment, wage growth, or deficiencies in specific sectors

The Hindu

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Newslaundry

What the Finance Minister’s budget speech tells us – and what it doesn’t

Finance Minister Nirmala Sitharaman presented her sixth budget today. It was an interim budget, with the full budget being due once the next government is elected after the Lok Sabha polls, which should happen in April and May.

Evening Standard

Inflation to fall to 2% target within months, Bank of England says, but will rise again

GDP, meanwhile, is now expected to stagnate in the first quarter of this year, but will pick a little up with 0.5% growth in 2025

The Hindu

Union Budget | Indian economy witnessed profound positive transformation in last 10 years, says FM Nirmala Sitharaman

FM Nirmala Sitharaman Budget 2024 Speech: Indian economy witnesses positive transformation, projected to become third largest in the world with a GDP of $5 trillion

Top News

Hong Kong's Q4 GDP grows 4.3% y/y, below expectations

Hong Kong's Q4 GDP growth of 4.3% year-on-year falls short of expectations. This article discusses the factors behind the slower expansion.

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Investors Business Daily

Fed Chair Jerome Powell Won't Do The S&P 500 Any Favors Today

Federal Reserve meetings in November and December added fuel to the S&P 500 rally but chair Jerome Powell won't want a repeat.

Top News

IMF Lowers Argentina's GDP Forecast, Impacts Regional Outlook

The International Monetary Fund (IMF) has lowered its GDP growth forecast for Argentina, impacting the overall economic outlook for Latin America.

Top News

Argentina Can Appeal Hedge Funds' Lawsuit Over GDP-Linked Securities

Argentina's ability to appeal in the hedge funds' lawsuit over GDP-linked securities will be explored by the British court, providing key insights into the...

Top News

Taiwan's Q4 GDP surpasses expectations, promising outlook for 2024

Taiwan's Q4 preliminary GDP surpasses expectations, signaling positive prospects for the country's economic growth in 2024.

Investors Business Daily

UPS Earnings Counter Q4 GDP Data With 12,000 Job Cuts; Stock Tumbles 8% On Slight Dividend Increase

UPS earnings came in below expectations as the delivery package giant gave initial 2024 guidance after a "difficult year."

The Guardian - UK

Eurozone narrowly avoids recession as German economy shrinks

Single currency zone’s stagnating GDP figure will add to pressure for ECB interest rate cut

The Guardian - UK

IMF warns Hunt against tax cuts; eurozone avoids recession – as it happened

Rolling coverage of the latest economic and financial news, as the eurozone stagnates in the final quarter of 2023

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