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The Latest Breaking News from Economic Growth

National Electricity Policy 2026: 7 Big Changes Revealed

For nearly two decades, India's electricity policy has remained largely unchanged while the country's power needs have grown at an unprecedented pace. Now, the government is preparing what could become the biggest transformation of the electricity sector since 2005. From electricity pricing and competition to industrial power access and future-ready…

MyLifeXP

India's June retail inflation quickens to 4.38%, crosses RBI's 4% target after 17 months

India's retail inflation reached 4.38 percent in June, exceeding the central bank's target. Elevated food and fuel prices contributed to this significant acceleration in price pressures. The Reserve Bank of India maintained its benchmark repo rate at 5.25 percent during its review. Policymakers are balancing inflation risks with the need…

The Economic Times

US Stock Market: Inflation gathers pace as tariffs, energy costs and AI investment lift price pressures, says Fed

U.S. inflation accelerated during spring due to tariffs and rising energy costs. The Federal Reserve's report shows inflation remains significantly above its target. The labor market has largely stabilized, with demand and supply broadly in balance. Economic growth was moderate, supported by artificial intelligence infrastructure investment. Policymakers remain divided on…

The Economic Times

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Why India Refused a Fast US Trade Deal Will Surprise You

What happens when one of the world's fastest-growing economies refuses to rush into a deal with its biggest trading partner? That is exactly what India has done. Instead of accepting a quick trade agreement with the United States, New Delhi has chosen patience over pressure. The decision has sparked global…

MyLifeXP

India’s prosperity problem: Public finances now compensate the majority for economic insecurity, regardless of growth

India has significantly reduced extreme poverty, achieving a major development goal. However, recent economic growth has not broadly benefited the majority of its population. Many citizens now depend on government subsidies for basic necessities and services. This situation persists despite the country experiencing rapid economic expansion. The educated youth also…

The Economic Times

Business Brief (July 9): China Flags Security Backdoor in AI Tool Claude Code

IMF upgrades China’s economic growth forecast

Caixin Global

It’s Matariki, and growth may be waxing but inflation is in the ascendant

While the central bank looks for economic growth in the stars, new OECD data reveals New Zealanders' after-inflation wages plummeted 6.4 percent. Jonathan Milne reports.

Newsroom.co.nz

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IMF sees India among fastest-growing major economies despite trimming FY27 GDP growth projection to 6.4%

India's economy is anticipated to expand by 6.4 percent in fiscal year 2026-27, bolstered by strong private consumption and active service sectors. Although global growth is predicted to ease to 3.0 percent in 2026, domestic demand is set to drive India's economic growth amidst international uncertainties. The Reserve Bank of…

The Economic Times

How One Uranium Deal Could Transform India’s Future

India's future isn't just being shaped by highways, airports, or renewable energy—it may also depend on a silent fuel buried deep beneath the earth. As Prime Minister Narendra Modi begins his Australia visit, one proposed agreement has captured global attention: a long-awaited uranium supply deal. At first glance, it looks…

MyLifeXP

Govt backs 2026 investment push

The government remains committed to making 2026 the "Year of Investment" despite a smaller share of capital expenditure in the 2027 fiscal budget, with plans to mobilise hundreds of billions of baht in public and private investment to support long-term economic growth.

Bangkok Post

Andy Burnham should scrap ‘short-sighted’ NI tax hike – new SNP MP

Lara Bird said the policy was ‘choking-off’ economic growth in Scotland.

Evening Standard

How economic pressures are damaging Britain’s ‘zombie firms’

The UK’s borrowing costs are higher than the government would like them to be. Economic growth remains weak, and public finances are under constant pressure.

The Conversation

Trump Wants the US Economy Growing at Over 12% and Says the Fed Keeps Trying To 'Kill It' With Higher Rates

President Donald Trump has advocated for more flexibility in the Federal Reserve’s approach to interest rates and economic growth.

Benzinga

Officials deny cutting public outlay in budget

Government officials have highlighted its allocation of more than 1.12 trillion baht in public investment to help drive economic growth in fiscal 2027.

Bangkok Post

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Bangkok Post

Report urges reforms as public debt rises

Thailand no longer has a fiscal buffer to contain rising public debt, making it necessary to accelerate reforms for both the economy and the public sector to lift economic growth closer to its full potential, according to the Finance Ministry.

The Economic Times

India signed mobility pacts with 26 countries, says EAM S Jaishankar

India has inked 28 Migration and Mobility Partnership Agreements with 26 nations, with more in the pipeline, External Affairs Minister S Jaishankar announced. He stressed collective responsibility to curb illegal migration and human trafficking, highlighting that well-managed mobility pathways bolster economies. These partnerships, built on mutual benefit and shared responsibility,…

The Economic Times

Govt approves proposal to amend Khadi and Village Industries Commission Act

The government has approved amendments to the KVIC Act, 1956, to modernize the Khadi and Village Industries sector. These changes aim to boost rural enterprises, enhance competitiveness through branding and innovation, and broaden the definition of rural areas. The reforms will also improve governance with greater representation and empower the…

The Conversation

Most EU citizens support economic growth even though climate experts question its role

Debates about the necessity and desirability of economic growth are shifting. Among researchers working on sustainability and climate policy, there is growing scepticism about whether continued economic growth is necessary to achieve the social and environmental goals of a sustainable society. Some argue that we should move beyond growth as…

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The Economic Times

Digital India to power India's growth story with AI, chips and DPI: MeitY

India is poised for a digital leap, with AI, semiconductors, and indigenous manufacturing set to drive economic growth. Building on a decade of digital progress, the nation is investing heavily in advanced technologies. From affordable mobile data and a world-leading digital payments system to significant strides in financial inclusion and…

The Economic Times

US-Iran thaw to provide tailwinds for growth: RBI

India's economic growth could get a boost from the Iran-US peace deal, according to the Reserve Bank's latest report. While the economy shows resilience, elevated commodity prices and a weaker global outlook pose risks. The central bank also flagged potential pressure on the fiscal deficit due to higher energy costs…

The National (Scotland)

First quarter UK growth confirmed but 2025 weaker than first thought

UK economic growth has been confirmed at 0.6 per cent for the first three months of 2026, but was weaker than first thought at the end of last year,…

The Economic Times

True Gen Z builds nation, does not question its Constitution: BJP chief Nitin Nabin

BJP President Nitin Nabin asserted that India's Gen Z are constructive nation-builders, not those challenging the Constitution or culture. Interacting with students, he emphasized that Indian youth are pro-establishment, contributing to economic growth through startups and sports, unlike those with divisive mindsets. He urged countering misinformation and highlighted the positive…

International Business Times UK

Can Andy Burnham Transform Britain by 2036? Inside His 10-Year Mission to Raise Living Standards

Andy Burnham proposes a decade-long strategy to transform Britain, focusing on devolution, regional investment, and economic growth beyond London, aiming to address longstanding inequalities and improve living standards.

The Economic Times

JGB yields rise as inflation concerns grow on BOJ policy outlook

Japanese government bond yields climbed as inflation worries grew. Reports suggest the government might steer the Bank of Japan towards its pro-growth economic plans, potentially slowing interest rate hikes. This move, aimed at boosting annual real economic growth beyond 1%, has sparked concerns that the central bank could lag in…

The Economic Times

Global Market: Japan govt urges BOJ policy coordination as it targets faster economic growth

Japan is aiming for over 1% real economic growth annually, a significant jump from its recent average. This ambitious plan, detailed in a draft policy, seeks to boost domestic growth through increased public-private investment and a focus on strategic industries. The government also intends to manage its debt while pursuing…

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