The Latest Breaking News from Economy

UK economy in ‘horrible bind’ as recession looms with no room for tax cuts, say experts

Britain in for ‘protracted period of high taxes and tight spending’, says Institute for Fiscal Studies

The Independent UK · Oct 17, 2023

Borrowing Surges Among Private Shenzhen Enterprises

Tech hub in southern China’s Guangdong — the country's hottest economy — shows reviving business confidence as supportive policies take hold

Caixin Global · Oct 16, 2023

Tories have no room for tax cuts despite £52bn a year stealth rise, says IFS

UK stuck between weak economic growth and risk of persistently high inflation, says thinktank

The Guardian - UK · Oct 16, 2023

It is the responsibility of every citizen to see that India becomes the world’s third largest economy: Governor

Gov. Gehlot urges citizens to strive for India's past glory, stressing the need to protect the environment and improve the economy of animal husbandry and fishing. He highlighted the importance of agriculture, saying it can create investment and employment opportunities. 837 students received convocation certificates and 128 gold medals were…

The Hindu · Oct 16, 2023

BRS is running Telangana like a private limited company, says Rajnath Singh

Rajnath Singh accuses BRS of running Telangana like a "private limited company steeped in corruption and nepotism". He praises Eatala Rajender for winning Huzurabad bypoll despite alleged abuse of power. India is the 5th largest economy and will become 3rd largest by 2027-28. Bhu Svamitva scheme to facilitate determination of…

The Hindu · Oct 16, 2023

Are These 2 Beaten-Down REITs Worth Buying for Their High Dividend Yields?

These tower REITs look to offer compelling value after their catastrophic implosions, though the current macroeconomic environment poses plenty of challenges.

Barchart · Oct 16, 2023

Kenya's cost of living crisis: expert unpacks what's driving it and what should be done

Kenyans are grappling with the high cost of living. Policy analyst Adan Shibia led a technical team that prepared a recent report on the state of Kenya’s economy. We asked him to unpack what’s driving costs, who’s affected and what can be done about it.

The Conversation · Oct 16, 2023

Even with economic worries, Vivid Seats CEO says customers still pay to see sports and hair bands

Strong spending by consumers has been a linchpin keeping the U.S. economy out of a recession, and Vivid Seats CEO Stan Chia doesn't see demand in his industry falling off

The Independent UK · Oct 16, 2023

Some trains to get one additional general second class coach and lose one AC three-tier economy coach

SWR to augment/de-augment 28 trains for Dasara; Train No. 17347/17348 SSS Hubballi-Chitradurg-SSS Hubballi Daily Express partially cancelled. SWR to augment 28 trains with additional coaches for Dasara. Slight revision in timings of Train No. 17332 Hubballi-Miraj Daily Express between SSS Hubballi and Desur.

The Hindu · Oct 15, 2023

Rich nations, the IMF and World Bank are worried about the Israel-Hamas war, but not nearly enough

Just like the Yom Kippur war 50 years before, the current conflict represents a grave threat to an already fragile global economy

The Guardian - UK · Oct 15, 2023