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The Latest Breaking News from Economic Growth

Togo Joins World Bank's Higher Income Bracket as Five Other Nations Also Climb the Rankings While Others Stay Put

Togo's reclassification to lower-middle income status by the World Bank is driven by a revised population count, not economic growth, highlighting the influence of demographic data on global rankings.

International Business Times UK

UK Retail Slump Deepens: Why Shoppers Are Still Holding Back Despite Easing Inflation

UK Retail Slump Deepens: Why Shoppers Are Still Holding Back Despite Easing Inflation

Despite easing inflation, UK retailers face challenges as consumer confidence remains low. Shoppers prioritise essentials, impacting economic growth and retail sales, with spending patterns shaped by ongoing economic uncertainty.

International Business Times UK

Angela Rayner tells how Treasury will be stripped of powers in blow to London jobs

Angela Rayner tells how Treasury will be stripped of powers in blow to London jobs

Hundreds of jobs are expected to be moved from Whitehall to Manchester where No10 North will take responsibility for driving economic growth

Evening Standard

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Tourist safety can't wait

Thailand has long prided itself on being a premier global destination, actively marketing its warm hospitality while relying on tourism as a critical economic growth engine. But what impression does it send when a traveller takes one wrong turn at a major transit station and ends up being robbed in…

Mumbai-Pune Expressway built 27 years ago by me remains pothole-free: Nitin Gadkari

Union Minister Nitin Gadkari highlighted the Mumbai-Pune Expressway's enduring quality. He stressed using technology for proactive road maintenance and defect identification. Infrastructure planning requires a 25 to 50-year outlook for sustained economic growth. This development fosters industry, trade, tourism, and employment opportunities nationwide. Pune is set to receive infrastructure projects…

The Economic Times

India's economic growth to slow to 6.8% in FY27 amid West Asia crisis, El Nino impact: Ind-Ra

India Ratings and Research has raised its FY27 GDP growth forecast to 6.8% from 6.7%, but expects growth to slow from 7.6% in FY26 amid inflation, rupee weakness and El Nino risks.

The Economic Times

Slower Q2 growth close to ministry's earlier estimate

The slower economic growth in the second quarter was close to the Finance Ministry's previous estimate and confirmed the outlook anticipated by the economic team, particularly regarding the impact of the Middle East conflict, which began in late March and affected the economy in waves throughout the second quarter, says…

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Thai growth prospects receive major upgrade

Thai growth prospects receive major upgrade

The government planning agency expects Thailand's economic growth to hit 2.0-2.5% this year, an upward revision from its previous estimate of 1.5% to 2.5%.

Purposeful infrastructure investment unlocks productivity

Purposeful infrastructure investment unlocks productivity

How better infrastructure investment and planning can unlock productivity, economic growth and resilience across New Zealand.

Global Market: Japan stocks edge lower after GDP growth misses forecasts

Global Market: Japan stocks edge lower after GDP growth misses forecasts

Japanese equities traded mostly lower as weaker-than-expected economic growth and elevated oil prices weighed on investor sentiment. Concerns over Middle East tensions, inflation and rising bond yields added to the pressure, while a weak market breadth reflected cautious investor sentiment. The Nikkei 225 and Topix both declined in early trading.

The Economic Times

GAIL’s LNG portfolio bolsters India’s energy resilience amid global uncertainty: CMD

GAIL’s LNG portfolio bolsters India’s energy resilience amid global uncertainty: CMD

GAIL's Chairman Deepak Gupta highlighted the company's role in nation-building. The state-owned firm is reinforcing India's energy resilience through its LNG portfolio. This diversification occurs amid changing global dynamics and geopolitical challenges. Gupta emphasized energy's foundational role in supporting national economic growth. Reliable energy availability is crucial for India's development…

The Economic Times

Global Market: Rising real yields raise fresh risks for stocks and global economic growth

Global Market: Rising real yields raise fresh risks for stocks and global economic growth

Real borrowing costs across major economies have climbed to multi-year highs as heavy government borrowing and large technology companies’ AI spending increase bond supply. Rising real yields could challenge equity valuations by making fixed income more attractive, raising corporate funding costs and potentially slowing economic growth.

The Economic Times

Prabowo touts Indonesia’s economic growth and investment gains in State of the Nation address

Prabowo touts Indonesia’s economic growth and investment gains in State of the Nation address

President Prabowo Subianto says Indonesia could achieve 6% economic growth by the end of 2026, citing the country’s strongest first-half growth in 13 years and robust investment despite global uncertainty

The Independent UK

Global Market: European stocks gain as lower oil prices offer relief amid Middle East tensions

Global Market: European stocks gain as lower oil prices offer relief amid Middle East tensions

European shares edged higher as easing oil prices offered some relief, though stalled US-Iran peace efforts and Strait of Hormuz disruptions capped gains. The STOXX 600 rose 0.2%, while the FTSE 100 slipped 0.3% despite stronger-than-expected UK economic growth.

The Economic Times

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Foreign banks eye bigger Vietnam role as growth ambitions fuel funding crunch

HANOI - Foreign banks are seeking a bigger foothold in Vietnam by ‌extending hard-currency loans to local lenders squeezed between rising domestic funding costs and government pressure to expand credit to meet ambitious economic growth targets, bankers and analysts said.

The Guardian - UK

UK economic growth slows down as Iran war pushes up energy prices

GDP expanded by 0.4% in three months to June, but analysts warn growth is ‘likely to fade’

The Economic Times

India needs to double infra investments to Rs 40 lakh cr/year to achieve growth ambitions: NaBFID MD

India must double infrastructure investments to forty lakh crore rupees annually. This significant scaling up is crucial for achieving long-term economic growth ambitions. Manufacturing capital expenditure also requires substantial and continuous investment for sustainable growth. Growing domestic long-term savings will increasingly finance infrastructure and other long-duration assets. Financial institutions will…

The Economic Times

Bank of America to deploy $250 billion for US digital, infrastructure projects

Bank of America plans to invest $250 billion in American infrastructure projects. This initiative will support digital and energy infrastructure development. The bank's financing will also cover core infrastructure like transportation systems. This move follows Morgan Stanley's similar commitment to technology and infrastructure. These investments aim to boost economic growth…

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The Economic Times

Global Market: Singapore raises 2026 growth forecast on AI boom, resilient global economy

Singapore raised its 2026 economic growth forecast to 4.5%-5.5% from 2.0%-4.0%, supported by stronger-than-expected AI investment and a milder impact from the Middle East conflict. The economy grew 5.9% year-on-year in Q2, while robust AI-related demand is expected to support growth in the second half of the year.

International Business Times UK

US Economy 'Would Be in a Recession' Without AI Data Centres, Columbia Economist Warns

AI infrastructure spending is now the largest driver of US economic growth, preventing a recession, according to Columbia economist Stijn Van Nieuwerburgh. However, concerns about debt financing are rising.

The Guardian - UK

London mayor orders council to drop plan to ban new pubs and bars in Soho and West End

Exclusive: Sadiq Khan urges Westminster council to adopt ‘positive vision of economic growth’ of nightlife

The Economic Times

China producer inflation slows to three-month low, consumer prices cool

China's producer price inflation eased more than expected in July. Consumer inflation also cooled, reflecting weaker domestic demand in the economy. This slowdown is consistent with other economic activity data released recently. Chinese leaders pledged to accelerate fiscal spending on infrastructure projects. This policy response aims to bolster economic growth…

Labour zeroes in on small business relief, not big business stimulus

Analysis: Where National's Investment Boost is designed to stimulate economic growth, Labour wants to take costs off small businesses instead.

The Economic Times

UK expands Global Talent visa for researchers, opening more opportunities for Indians

The United Kingdom has expanded its Global Talent visa program. More than one hundred research firms can now sponsor top scientists. This move creates new opportunities for Indian researchers and professionals. Eligible visa holders gain flexibility to change employers or start companies. The government aims to attract global talent for…

The Economic Times

India's economic growth may moderate in H2FY27, accelerate to 7.2% in FY28: Report

India's economic growth will likely moderate in the second half of FY27. Growth may strengthen to around 7.2 per cent in FY28, says ICICI Bank. The Monetary Policy Committee kept the repo rate unchanged at 5.25 per cent. Most high-frequency indicators point to robust growth in the first quarter. RBI…

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