The Latest Breaking News on Economy

A recession might already be underway as the Bank of England's recent interest rate hikes slow the economy

Union Minister Giriraj Singh says MGNREGS is demand-driven, no scope of deficit. Finance Ministry has given blank cheque to meet shortfall. Govt. has shifted to DBT & Aadhaar seeding of job cards to bring transparency.

Various schemes which should support people back into work do not respond to people’s needs, according to the Local Government Association.

Urban consumers enter 2023 festival season w/ more confidence than 7 years ago. RBI's Consumer Confidence Survey finds 36% of respondents say general economic situation improved, 25% say income improved, & 91% say price levels of commodities increased. FEI hit highest level in 4 years.

UK services sector lifts economy back to growth in August, but BoE policymaker Swati Dhingra warns that economy is flatlining

Britain’s economy returned to growth in August but remains firmly stuck in the slow lane, new official figures reveal today.

Inflation in the United States likely eased again last month, though the decline might have slowed since summer, a reminder that the outsize price pressures of the past two years will take more time to cool

Statistical considerations apart, right now there are good reasons for looking at a slice of time longer than a few quarters when studying economic growth in India

The yield curve is a graphical representation of the interest rates on debt for a range of maturities. It shows the relationship between the interest rate (or cost of borrowing) and the time to maturity of the debt.