The Latest Breaking News from Economy

TN govt's Investment Conclave in Chennai saw 293 MoUs signed, proposing ₹5,566.92 cr investment. It will create jobs for 26,477 people & help TN become $1 trn economy by 2030. 241 proposals for ₹2,97,196 cr have been attracted since DMK came to power.

As governments meet for the COP28 climate conference, businesses cannot afford to wait—they’re planning for a decarbonized economy now.

Former president pushes notion he’ll revive US economy even as his lack of pandemic leadership did ‘enormous damage’

Karnataka IT/ITeS exports cross ₹3.2 lakh cr in FY23, 40% of total jobs in knowledge economy, 65% of aerospace/defence exports. Karnataka seeks to spark global tech connectivity, executed two programmes to Dusseldorf, UAE in FY23-24. State has 14,000 startups, 440 GCCs, seeks to fix infrastructural chaos.

The mid-year budget update will reveal a substantial improvement to the bottom line, but not a surplus, the federal treasurer says.

The upward revision was caused by stronger business investment and government spending.

The Bank of England’s governor has repeatedly warned that it will not cut UK interest rates any time soon, even with a recent sharp fall in consumer price inflation.

The UK economy is set for the second-slowest growth of the world’s G7 advanced economies, according to new forecasts.

Shrugging off higher interest rates, America’s consumers spent enough to help drive the economy to a brisk 5.2% annual pace from July through September, the government reported in an upgrade from its previous estimate

Although fewer banks are tightening lending standards, more businesses and households are feeling the squeeze.

Argentina’s President-elect Javier Milei says he's chosen Luis Caputo, a former finance minister and Central Bank chief who is known as an expert in markets, to lead the Economy Ministry when the right-wing leader takes office on Dec. 10