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The Latest Breaking News from Economy

Banks NPA at multi-decadal low of 1.8%, Indian financial system remains resilient: RBI report

India's financial system remains robust, with bank NPAs hitting a multi-decade low of 1.8%. Despite global uncertainties and rising oil prices, strong domestic fundamentals offer resilience. However, funding challenges are emerging as savers seek higher returns, and AI-driven cyberattacks pose a significant near-term threat to banks. The RBI remains vigilant…

The Economic Times

Why Latino Workers Are Being Left Out of America's Economic Boom, According to New Fed Data

For years, economists have pointed to low unemployment, steady GDP growth and resilient consumer spending as evidence that the U.S. economy remains fundamentally strong. But for many Latino families, those positive headlines have felt disconnected from everyday reality.

Latin Times

Economy resilient but risks from monsoon, geopolitical uncertainties remain: FinMin report

India's economy shows resilience despite a slight slowdown in some key indicators. While global commodity prices ease, risks loom from an uneven monsoon, potential El Nino, and geopolitical tensions. Policymakers are focusing on enhancing resilience to energy shocks and addressing water scarcity, with agricultural pricing policies also under review to…

The Economic Times

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Stéphane Dion: The case for unified and effective Canadian science diplomacy

Canada’s place in the world depends on effective, unified science diplomacy, one that secures its full access to scientific knowledge, keeps its economy at the cutting edge of technology, upholds scientific freedom globally and puts science in the service of peace.

The Conversation

Indian economy remains exposed to energy price shocks: RBI report

India's economy faces potential exchange rate volatility due to rising oil prices and supply chain issues, an RBI report revealed. Despite strong fundamentals, the nation remains vulnerable to energy price shocks and geopolitical tensions. While recent policy measures have eased pressure on the rupee and bond yields, attracting capital remains…

The Economic Times

US consumer confidence inches up as economic pessimism lingers

Consumer attitudes had significantly deteriorated following the Iran war, which triggered a surge in oil and gas costs

The Independent UK

How oil turned the motors of capitalism: a history

The vulnerability of the world economy to oil prices was painfully visible in the first half of 2026 following the US and Israel war against Iran. The power of this commodity to upend economies has been apparent before. In his recently published book Crude Capitalism: Oil, Corporate Power, and the…

The Conversation

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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

The 40M Beer Weekend: England's Super Saturday Could Pour Millions Into the Economy

England's World Cup match against Panama is expected to generate £310M in spending, with pubs preparing for a surge in beer sales and fans contributing significantly to the UK economy.

International Business Times UK

America can switch off the world's AI. Europe must switch gears before it's too late

'Europe is becoming a digital colony between two AI empires' writes Dr. Sergey Lagodinsky, Vice Chair of the Greens/EFA Group in the European Parlament in an OpEd for Euronews. For Brussels, it is time to act. Europe needs a smart strategy of cooperation that will keep the European economy alive.

Euronews

Russia's Fuel Crisis Explained: Petrol Stations Erupt in Violence as Drivers Wait in Queues for 13 Hours

Ukrainian drone strikes on Russian oil refineries are causing severe fuel shortages, long queues, and economic strain in Russia. Explore the broader impact on Russia's domestic economy and daily life.

International Business Times UK

India remains fastest-growing major economy; reforms key to sustaining momentum: HUL Chairman

India's economy is leading global growth, driven by a young population, robust digital infrastructure, and supportive policies. HUL Chairman Nitin Paranjpe highlighted the nation's structural resilience amidst global challenges. He emphasised that continued reforms and investments are crucial for sustaining this momentum, with businesses needing to adapt to new definitions…

The Economic Times

RBI flags AI stock boom as financial stability risk, says Indian banks remain resilient

India's central bank has identified soaring AI stock valuations globally as a financial stability risk, warning of potential market spillovers. Despite this, the Reserve Bank of India asserts that India's banking system remains robust, well-capitalised, and resilient to external shocks. Strong macroeconomic fundamentals and healthy balance sheets in both banks…

The Economic Times

UK disposable incomes squeezed by price rises and tax changes

ONS confirms 0.6% GDP growth in first quarter, with services, production and construction sectors expanding

The Guardian - UK

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France 24

French heatwave threatens food inflation as agriculture sector suffers

Tomatoes cook on the vine and cereal crops get scorched – climate change is hitting French agriculture, and shoppers are poised to bear the brunt of it. Also, the EU and China set an October deadline to make progress on trade disputes, while the ECB Chief Christine Lagarde says the…

The Guardian - UK

UK government ‘minded to intervene’ in Paramount’s takeover of Warner Bros Discovery – as it happened

Lisa Nandy, Secretary of State for Culture, cites need for sufficient plurality of views in news media

The Economic Times

The overcapacity narrative of the US: Why it does not apply to India

The ‘overcapacity’ argument posits that certain countries produce far beyond their domestic absorption capacity, dumping the surplus on world markets at a lower price, which undermines fair trade practices.

Euronews

Christine Lagarde's Sintra speech signals a new ECB playbook

Christine Lagarde says the ECB is back to basics but must adapt to a more volatile global economy.

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The Guardian - UK

‘Commanding heights of the economy’: the postwar blueprint that inspires Burnham

In the second of a series on nationalisation, we look at the lessons from Clement Attlee’s administration

The Economic Times

US Stock Market: Economic resilience collides with expensive valuations on Wall Street

The US economy shows surprising strength with robust job growth and consumer spending, yet Wall Street is faltering. Investors are wary of lofty valuations, especially in the AI sector, as tech giants increasingly rely on debt for expansion. While chipmakers surge, the 'Magnificent Seven' face headwinds, creating market volatility despite…

AAP

Weak housing market could imperil Australia's economy

The Reserve Bank says it will not hesitate to raise interest rates again if necessary, according to minutes from its latest board meeting.

The Economic Times

Emerging technologies will define next phase of India-US ties: Ambassador Kwatra

Emerging technologies like AI and semiconductors will spearhead India-US cooperation, according to Ambassador Vinay Mohan Kwatra. India is becoming a key player in global value chains, attracting investment for production diversification. The nation's economy, projected to reach $7 trillion by 2030, is an "indispensable anchor" for global growth amidst uncertainty.…

The Conversation

Doctor Who is on its most uneven footing in 20 years: what’s next for the beloved series?

The Doctor and the Tardis are currently trapped in limbo. The world’s longest running sci-fi series is in its most uncertain state in 20 years. The BBC have cancelled the 2026 Doctor Who Christmas special and put production of a new series out for tender.

Motor1

Honda Driver Goes To Pump Gas. Then He Sees The Label That His Car Recommends: 'Do You Go With This, This, Or That?'

"Fuel economy improvements recorded during AAA testing."

Euronews

World Bank backs Spain with new Madrid office

First vice-president and economy minister Carlos Cuerpo presents Spain as a key hub for multilateral institutions after the opening of the World Bank office.

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