Speed up electricity grid upgrade or else face higher bills, warns UK watchdog National Audit Office says failure to implement £70bn modernisation would also hold back economic growth The Guardian - UK · Sep 11
Islamic economics has questioned endless growth for centuries. What can it teach us today? As climate change and widening inequality intensify, economists are increasingly questioning whether endless economic growth is compatible with a healthy society and a finite planet. The Conversation · Sep 10
UK economic growth set to peter out as consumers swap shops for pubs Most economists are expecting gross domestic product (GDP) to have shown no growth in July. Evening Standard · Sep 10
Anthropic sees AI driving GDP growth, but warns of job losses, wage pressure Artificial intelligence could significantly accelerate economic growth by 2030, but faster AI adoption may also put pressure on employment and wages of knowledge workers, particularly in scenarios where AI becomes capable of autonomously performing a large share of knowledge-intensive tasks, according to Anthropic's latest economic outlook. The Economic Times · Sep 10
US bond yields near 5%: What it could mean for stocks, corporate borrowing and the economy US 10-year Treasury yields are nearing the 5% mark, raising concerns over the impact of higher borrowing costs on stocks, corporate financing, dealmaking and the broader economy. While elevated yields can pressure valuations and debt servicing costs, they may also signal stronger economic growth and robust demand for capital. The Economic Times · Sep 9
Global Market: China inflation rises in August, but weak demand remains a concern China’s consumer inflation accelerated to 0.8% in August, while producer prices rose 3.8%, both slightly above July levels. Despite the improvement, subdued domestic demand remains a major concern, with consumer prices below Beijing’s 2% target for years. Strong exports, technology industries and AI-related demand continue supporting economic growth. The Economic Times · Sep 9
How Canada decided to hurt its own economy, raise its inflation—and most Canadians approved because they're so angry at Trump Oxford economists predict Canadian Prime Minister Mark Carney’s retaliatory tariffs will slow economic growth and raise consumer prices. Fortune · Sep 8
Confused by the debate over India’s 7.8% GDP growth? Here’s a simple explanation Bade bade deshon mein aisi choti choti baatein hoti rehti hai – Javed Siddiqui, Dilwale Dulhaniya Le Jayenge (1995) Newslaundry · Sep 8
Amid global turmoil, India maintained momentum of its economic growth, says Amit Shah India maintained economic growth momentum despite global geopolitical turmoil. Strategic partnerships were built in key areas like defense and energy. Nine free trade agreements will be concluded by the year 2026. This engagement contributed to a robust GDP growth rate of 7.8 percent. The nation is pursuing further trade arrangements… The Economic Times · Sep 7
India's growth seen above 7% in FY27 as investment, exports take centre stage: Report India's economic growth is expected to exceed seven percent in fiscal year twenty twenty-seven. Investment and export cycles will increasingly offset moderating consumption trends. Corporate capital expenditure is projected to strengthen significantly in the coming years. Elevated global commodity prices may keep interest rates higher for longer periods. The Reserve… The Economic Times · Sep 7
"GDP figure being projected is not real": Akhilesh Yadav takes swipe at Centre over economic claims, unemployment Samajwadi Party chief Akhilesh Yadav questioned the government's economic growth projections. He stated that rampant unemployment and high inflation contradict official GDP figures. Yadav highlighted deteriorating infrastructure and public services as evidence of neglect. Prime Minister Narendra Modi previously spoke about India's strong economic growth and job creation. India's real… The Economic Times · Sep 6
Trump keeps heralding an economic boom, but even a solid jobs report is causing problems for him President Trump voiced his dissatisfaction regarding the state of the economy, attributing inflation and financial difficulties to both market volatility and the Federal Reserve's policies. His administration is banking on artificial intelligence and tariffs as catalysts for economic growth. Nonetheless, analysts point out that his approach may have exacerbated inflation… The Economic Times · Sep 5
US Market: J.P. Morgan, BNP Paribas expect ECB rate hike in December as inflation risks persist J.P. Morgan and BNP Paribas now expect the European Central Bank to deliver another 25-basis-point rate hike in December, reversing their earlier calls for the tightening cycle to end without a December increase. Persistent inflation risks, elevated energy prices and resilient economic growth are driving the shift, while markets are… The Economic Times · Sep 4
Adani Group expands footprint in opposition-ruled states with projects worth Rs 5 lakh crore Adani Group is investing significantly in infrastructure projects across various Indian states. The conglomerate is pursuing projects in roads, ports, and energy sectors. These initiatives aim to drive economic growth and create new employment opportunities. Governments are seeking private capital for development and job creation. Adani's expanding footprint highlights its… The Economic Times · Sep 3
The Conversation · Sep 3 Grattan on Friday: economic life won’t get much better until Australians climb that productivity mountain Treasurer Jim Chalmers would have sighed with relief at this week’s economic growth figures. Despite some preview talk of possible stagnation, we saw modest growth of 2.1% in the year to the end of June.
The Guardian - AU · Sep 2 Australians are buying EVs instead of holidaying in Europe – and other things we learned from the national accounts ABS’s snapshot of Australia’s accounts shows economic growth – albeit low – in the face ‘challenging international circumstances’
The Economic Times · Sep 2 Why are global bond yields surging to multi-decade highs? Global government borrowing costs are reaching multi-decade highs as inflation persists. Bond yields in major economies like the United States and Japan have sharply increased. Renewed oil price gains and substantial government debt add to market pressures. Higher borrowing costs impact households, businesses, and government finances significantly. Investors watch for…
The Economic Times · Sep 2 Global Market: Japanese shares tumble as Iran conflict lifts oil prices, bond yields Japanese equities tumbled on Wednesday as renewed US-Iran military strikes pushed oil prices higher and raised concerns over economic growth, while surging government bond yields pressured technology and chip stocks. The Nikkei fell nearly 3%, with defensive drugmakers bucking the broader market decline.
AAP · Sep 1 Surprise GDP data 'final green light' for rate hike Data centre investment and electric vehicle purchases are making it harder for the Reserve Bank to get inflation down as the likelihood of a rate rise firms.
The Economic Times · Sep 1 Fed Chair Warsh sees global investment surge replacing savings glut Fed Chair Kevin Warsh told G20 finance leaders that the global economy may be shifting from a savings glut toward an investment boom, driven partly by AI spending. Stronger investment and productivity could boost growth, but reduced Treasury demand, higher yields and potential inflation pressures may complicate monetary policy decisions.
The Economic Times · Aug 31 Scott Bessent huddles with G20 to try to rally allies on Iran as tariffs strain ties US Treasury Secretary Scott Bessent is meeting with global finance ministers in Asheville this week. He aims to focus discussions on economic growth and managing international debt burdens. The meetings occur as the US escalates sanctions against Iran and faces trade disputes. Bessent seeks international support to isolate Iran and…
The Economic Times · Aug 31 US stock market: Bessent dismisses US bond market turmoil concerns, points to economic strength U.S. Treasury Secretary Scott Bessent reassured markets by minimizing concerns over turbulence and debt. He emphasized that robust economic growth is boosting the country’s fiscal health. In defense of the Treasury's increased bond buyback initiative, Bessent pointed to larger international interventions as a valid reason for this approach. The expanded…
The Economic Times · Aug 30 India's FY27 growth seen at 7-7.2% as capex, domestic demand offset global headwinds: EY India's real GDP growth is likely to remain resilient at 7 per cent-7.2 per cent in FY27, supported by buoyant domestic demand and continued government focus on capital expenditure, while nominal GDP growth could reach 12.5 per cent-13 per cent, according to recent report by EY. The firm said economic…
The Economic Times · Aug 30 India hits FY26 fiscal deficit target, stays on debt-cut path: Nirmala Sitharaman India's Finance Minister confirmed achieving fiscal deficit targets for 2025-26. The government plans to reduce the debt-to-GDP ratio to fifty percent by 2030. Domestic economic growth sustained over seven percent despite global headwinds. India managed fertilizer shortages and shipping risks through government intervention. Bilateral trade agreements are advancing due to…
AAP · Aug 30 Economic growth data next milestone for Reserve Bank GDP figures will headline the week in economic data, while central banks in Canada and New Zealand will meet to set interest rates.