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The Latest Breaking News from Economic Growth

Citing fallout from Iran war, World Bank cuts forecast for global economic growth

The economic fallout from the Iran war — higher energy prices and increased uncertainty — will drag down global growth this year, the World Bank said Thursday

The Independent UK

12 years, economic growth and a 'new dawn': PM Modi hails NDA's journey, sets agenda for India's next phase

Prime Minister Modi highlighted the NDA's 12-year governance record, emphasizing political stability and development achievements. He contrasted this with previous Congress rule, crediting the coalition for navigating challenges like the pandemic and global economic uncertainty. Modi described his long tenure as a collective NDA achievement, not a personal one, and…

The Economic Times

Germany: growth halves as state drives investment

The energy shock is further slowing economic growth and fuelling prices. The DIW institute has halved its growth forecast. Fiscal expansion may soften inflation but cannot fully offset it.

Euronews

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Modi Nears Nehru’s Record: The Economic Truth Nobody Talks About

Twelve years ago, India stood at a crucial crossroads. Growth was slowing, infrastructure gaps were visible, and millions remained outside the formal economy. Today, as Prime Minister Narendra Modi prepares to surpass Jawaharlal Nehru's record as India's longest-serving continuously elected Prime Minister, the country looks dramatically different. The numbers tell…

MyLifeXP

AGI for all among OpenAI’s ambitions for its next phase

OpenAI is entering a new phase to make advanced AI widely available and affordable. The company plans to build AI researchers to accelerate scientific discovery and provide every person with a personal AGI system. This move aims to boost productivity and economic growth. Meanwhile, rival Anthropic calls for a slowdown…

The Economic Times

US defies forecasts of economic slowdown, but its growth isn’t making ordinary people better off

US economic growth is picking up again after a slowdown towards the end of 2025. According to price data released on May 28, US GDP grew by 1.6% year-on-year in the first quarter of 2026. This is despite energy prices rising and consumer confidence falling since the US president, Donald…

The Conversation

Perth Airport partners with DXC as Master Systems Integrator for New Terminal Project

ASHBURN, Va., June 9, 2026 /PRNewswire/ -- DXC Technology (NYSE: DXC), a leading enterprise technology and innovation partner, today announced that it has been selected by Perth Airport as Master Systems Integrator (MSI) for the new terminal development, a key milestone in the airport's multi-billion-dollar investment to transform its infrastructure…

AAP

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India's crime rate falls 6%, cybercrime crosses 1 Lakh cases: SBI

India reports a decrease in overall crime, attributed to public investment, digitization, and enhanced surveillance. Cybercrime, however, is on the rise. Crime against women has also seen a reduction. Increased CCTV cameras and integrated command centers contribute to higher crime detection rates. Economic growth benefits from reduced crime.

The Economic Times

Analyst warns of signals of structural weakness

If a dual deficit persists for 3-5 years, referring to the fiscal balance and current account, it could weaken the forces underpinning Thailand's economic growth and reduce the economy's momentum, warns an economist from Thailand Development Research Institute (TDRI).

Bangkok Post

Nepal wants to resolve boundary row with India through diplomacy, open heart: Shishir Khanal

Nepal’s Foreign Minister Shishir Khanal made headlines on Sunday, advocating for a diplomatic resolution to border issues with India. He underscored the goal of cultivating a relationship that is rewarding for both nations, especially amidst Nepal's quest for economic growth.

The Economic Times

What PM Modi Discussed Behind Closed Doors Will Surprise You

While many economies are struggling with slowing growth, rising geopolitical tensions, and uncertain markets, India continues to stand out. Prime Minister Narendra Modi's recent meeting with the Economic Advisory Council wasn't just another policy discussion it was a deep dive into how India can maintain its growth momentum even as…

MyLifeXP

RBI's foreign capital push reflects rising inflation, slowing growth concerns: Report

The Reserve Bank of India is introducing new measures to attract foreign investment. This move aims to tackle rising inflation, slowing economic growth, and external sector pressures. The central bank is focusing on boosting capital inflows to manage the country's balance of payments. These steps are designed to support the…

The Economic Times

Why India’s 7.7% GDP Growth Matters More Than You Think

When economies across the world are struggling with uncertainty, India has delivered a powerful surprise. The latest GDP figures show the country growing at 7.7% during FY 2025-26, beating expectations and reinforcing its position as a global growth leader. Prime Minister Narendra Modi described the achievement as evidence of India's…

MyLifeXP

Will Modi Leave Office in a Year? Rahul Gandhi Thinks So

A single political statement can sometimes dominate the national conversation. That is exactly what happened when Rahul Gandhi declared that Prime Minister Narendra Modi would not remain in office a year from now. The prediction immediately grabbed attention. But what made it even more striking was the reason behind it.…

MyLifeXP

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inkl

Bitcoin vs Gold in 2026: Store of Value Performance Comparison

US inflation is still sitting at about 3.8%, while economic growth has clearly slowed. Weak consumer confidence, sticky prices, and low growth are starting to look like a stagflation-style setup.

The Economic Times

US visa laws do not target India; H-1B rules part of global framework, clarifies State Dept official

A senior US State Department official stated that US visa laws are applied uniformly across all countries, including India, dispelling concerns about H-1B visas and immigration policies. The US aims to balance job opportunities for its citizens with facilitating necessary foreign talent for investment and economic growth.

The Economic Times

RBI MPC Meeting 2026: Sanjay Malhotra & Co hold rates steady at 5.25% as oil shock, weak rupee & West Asia war cloud outlook

RBI Monetary Policy Meeting 2026: The Reserve Bank of India maintained the repo rate at 5.25%, balancing inflation risks from rising crude oil prices and a weakening rupee against the need to support economic growth. The decision comes amid geopolitical tensions and concerns over a below-normal monsoon, with the central…

The Economic Times

RBI MPC key takeaways: Here are the major announcements by Governor Sanjay Malhotra on GDP, inflation and repo rate

RBI Monetary Policy Committe 2026 key takeaways: The Reserve Bank of India has maintained its key repo rate at 5.25%. The central bank also kept its policy stance neutral. This decision comes as India navigates a challenging global economic landscape. The RBI remains confident in India's ability to manage these…

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The Economic Times

RBI MPC Meeting at a Glance: Your one-stop guide for all key decisions

RBI Monetary Policy Meeting Highlights: Reserve Bank Governor Sanjay Malhotra will announce the Monetary Policy Committee's decision on Friday. The key policy rate is expected to remain unchanged at 5.25%. This pause reflects a cautious approach amid the West Asia conflict. The conflict poses risks to inflation and economic growth.…

The Economic Times

Putin hails New Delhi as 'reliable partner'; blasts West over 'detrimental' interference in India-Russia ties

Russian President Vladimir Putin stated Russia aims to expand its strong relationship with India. He believes US pressure on India to reduce cooperation with Russia is counterproductive. Putin praised India's economic growth and independent foreign policy. He expressed confidence in increasing bilateral trade. Russia sees India as a reliable partner…

The Times of India

‘Useless to try to pressurise PM Modi’: Putin says India-US ties won’t affect Russia ties, praises economic growth

Russian President Putin reassured that India's growing US ties won't harm its long-standing relationship with Russia. He dismissed attempts to pressure New Delhi, highlighting India's robust economic growth and predicting a significant expansion in bilateral trade, aiming for $100 billion in the coming years. Putin expressed confidence in continued strong…

The Economic Times

TIIF to shape a new investment architecture for Central Asia

Tashkent will host a major investment forum from June 16-19. This event aims to establish Central Asia as a new hub for economic growth. The forum brings together global investors and business leaders. It focuses on shaping the region's investment agenda. Uzbekistan is solidifying its role as a key investment…

The Economic Times

Oil Price Prediction: Oil prices climb toward $100 as US stocks end record rally

Oil price prediction remains a major topic for investors as oil prices moved closer to $100 per barrel following renewed tensions involving the United States and Iran. The rise in crude oil prices affected stock markets, bond yields, borrowing costs, and inflation concerns. While Wall Street ended a record-winning streak,…

AAP

Officials bank on economic slump helping tame inflation

Australia is not experiencing stagflation but higher interest rates will help cool the economy and inflation, the nation's top bank official says.

The Economic Times

Elevated oil prices could drag India's growth to 6%, below IMF forecast of 6.5%: Gita Gopinath

Elevated oil prices could slow India's economic growth to around 6%, according to former IMF official Gita Gopinath. She warned that prolonged West Asian tensions could further impact global growth and India's prospects. Gopinath emphasized supply-side reforms, renewable energy, and improving ease of doing business to boost investment and strengthen…

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