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The Latest Breaking News from Economic Growth

UN lowers forecast for global economic growth in 2026 over Mideast energy crisis

The United Nations has lowered its forecast for global economic growth and raised the prospects for inflation in response to Middle East crises and rising oil prices

The Independent UK

The hidden 401(k) transformation Wall Street wants could fuel economic growth — but experts warn Americans may face greater retirement dangers

Trump 401(k) private market investments are becoming one of the biggest retirement and economic debates in the United States. The White House says opening America’s $30 trillion 401(k) system to private equity could add nearly $35 billion to US GDP. That number is now driving fresh discussions across Wall Street,…

The Economic Times

India remains on a credible growth path despite fragmented global landscape: N Chandrasekaran

India shows strong economic growth amidst global uncertainty. This is fueled by its young population, digital advancements, and government support. Tata Consumer Products sees this as a robust market. The company is adapting to consumer trends like premiumization and health. It is expanding its portfolio and capabilities for future growth.…

The Economic Times

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Bond yield spike puts equities market at risk

Investors warn that US stock markets are not reflecting inflation risks. High energy prices and the Iran conflict are overlooked. A recent spike in bond yields is causing caution. Experts note a market paradox with strong earnings but negative inflation signals. Clients are seeking clarity on this divided outlook. This…

The Economic Times

Why PM Modi Wants India to Host the Olympics

India is no longer dreaming small. During his visit to the Netherlands, Prime Minister Narendra Modi revealed four ambitions that could completely reshape India’s future. From hosting the Olympics to building semiconductor chips inside the country, the message was clear India wants to become a global powerhouse. But what surprised…

MyLifeXP

Carla Nelson ends legislative career after years of service in Minnesota Senate

Minnesota State Senator Carla Nelson announced her retirement after serving Olmsted and Dodge counties since 2010. A former teacher, Nelson championed initiatives like the Destination Medical Center and secured significant funding for K-12 education. Her legislative career, marked by achievements in education, healthcare, and economic growth, concludes with her term's…

The Times of India

Wealth of Britain’s 157 billionaires now equal to 22% of country’s GDP

This ‘ghost GDP’ shows how headline economic growth is increasingly disconnected from reality for most, says report

The Guardian - UK

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What makes the Rs 90,000-crore Great Nicobar Island project critical for India both militarily and economically

India is undertaking a massive Rs 90,000 crore project in Great Nicobar. This initiative will develop a major transshipment port and international airport. It aims to strengthen India's maritime presence and trade infrastructure. The project is strategically located near the Malacca Strait, a vital global trade route. Defence veterans support…

The Economic Times

US Stock Market: Bond markets brace for higher-for-longer yields amid oil price surge

Investors anticipate prolonged elevated U.S. Treasury yields due to inflation concerns, particularly from surging oil prices amid Middle East conflict. Incoming Fed Chair Kevin Warsh faces challenges containing these pressures, as persistent inflation and potential policy shifts could further impact yields and economic growth.

The Economic Times

Brazil, Russia, India, China and South Africa: how they stack up on reusing waste

The global economy still largely follows a simple pattern: extract natural resources, manufacture products, use them and then throw them away. This “take, make, dispose” model has driven economic growth for decades. But increasing use of resources has also damaged the environment, contributing to climate change, biodiversity loss and pollution.

The Conversation

Why Experts Fear India’s Toughest Economic Phase Yet

A single statement from banker Uday Kotak has suddenly sparked fear across India’s business and financial circles. “The shock is coming,” he warned while speaking about the growing Iran conflict and India’s dangerous dependence on imported oil. At first, it sounded like just another economic caution. But when India’s top…

MyLifeXP

Bajaj Finserv to up mkt share despite competition, aims to serve every Indian household in 10 yrs: CMD

Bajaj Finserv aims to expand its market share and reach every Indian household within the next decade, leveraging India's economic growth and digital public infrastructure. The company, unfazed by competition, emphasizes innovation and a commitment to societal good, having already brought 25 million Indians into the formal financial system.

The Economic Times

The power turnaround of Uttar Pradesh: Infrastructure, reform and energy security

Uttar Pradesh has transformed from a state plagued by prolonged blackouts to one meeting record electricity demand with near round-the-clock supply. Sustained investment in infrastructure, governance reforms, and renewable energy expansion have driven this significant shift, positioning the state as a model for energy transformation and economic growth.

The Economic Times

Walmart CEO meets PM Modi, signals deeper India investment

Walmart CEO John Furner met with Indian Prime Minister Narendra Modi. The meeting focused on India's economic growth and investment opportunities. Walmart has sourced $40 billion in goods from India. The company is expanding its digital commerce and payments sectors. Flipkart and PhonePe are planning public listings in India. Walmart…

The Economic Times

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Barchart

If You Want to Know How Much Inflation Has Really Hurt U.S. Consumers, Skip the CPI and Study Big Mac Burger Prices

This analysis explores the gap between official core CPI and real-world costs using the Big Mac as a constant. Hedonic adjustments create a statistical illusion of growth while masking a long-term decline in purchasing power.

Euronews

Economic growth in the Pacific could slow as energy disruptions spread, ADB warns

Rising fuel and fertiliser import costs are placing growing pressure on economies across Asia and the Pacific, especially small island states that rely heavily on imports. The Asian Development Bank (ADB) says governments are accelerating energy transition and resilience measures in response.

The Economic Times

India and Canada: Building a smarter partnership for global talent

India and Canada are forging a new partnership. This collaboration moves beyond student numbers to strategic alliances. Governments, universities, and industries will work together. The focus is on shared economic growth and talent circulation. This aims to benefit both nations. New initiatives will strengthen research and innovation. Ethical talent pathways…

The Conversation

Is this the moment to change the way we think about economic growth?

Economic growth, particularly in energy-intensive nations, is slowing as the Middle East war continues to throttle exports of oil, plastics and fertiliser.

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Evening Standard

Economic growth forecast for island of Ireland despite fuel supply turbulence

EY has said events in the Middle East had ‘adversely affected’ Ireland’s inflationary outlook.

The Economic Times

Charting the global economy: ECB is leaning toward rate hikes

Economic growth varies globally, with some regions facing inflation and others seeing tech-driven booms. Geopolitical events are influencing these decisions.

Fortune

Asia is being hammered by the Iran conflict's economic fallout. The U.S. has the playbook to help—and every reason to

Energy prices up 70%, growth forecasts slashed, fertilizer shortages spreading: Washington needs to adjust its trade agenda.

The Texas Tribune

Once thriving, Laredo’s growth stalls under Trump’s immigration crackdown

The city's economic growth has taken a dip, falling short of expectations amid a steep decline in international migration, among other factors.

Barchart

Signs of Weaker Energy Demand Fuel Long Liquidation in Crude Prices

June WTI crude oil (CLM26 ) today is down -2.01 (-1.88%), and June RBOB gasoline (RBM26 ) is down -0.0104 (-0.29%). Crude oil and gasoline prices gave up early gains today and fell sharply on concerns that higher energy prices are starting to curb demand and global economic growth. Long...

The Guardian - US

US economic growth rebounds 2% as consumer spending slows amid Iran war

First quarter output, driven by AI investment and government spending, rose as oil shock fuels inflation fears

Euronews

Eurozone inflation hits 3% as oil prices spike and economic growth slows

Soaring oil prices linked to the Iran war pushed inflation higher in the euro area in April, while growth continued to underperform — a worrying combination for both consumers and policymakers at the European Central Bank.

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