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The Latest Breaking News from Economy

The Democrat Party has called on the Ministry of Digital Economy and Society (DES) to review its proposed TH-AI Passport project, citing concerns over transparency, procurement practices and value for money.

Bangkok Post

Digital payments, mobile economy have significant room for expansion; no slowdown in transaction growth: Paytm CEO

India's digital economy is set for major growth. Technological innovation and increasing consumer trust will drive expansion. Artificial intelligence will accelerate this progress. Digital payments and mobile transactions are expected to see a significant increase. Indian consumers are rewarding strong products and innovation. The nation's economy remains resilient due to…

The Economic Times

Indian Navy's posture during Op Sindoor dented Pakistan's maritime economy: Admiral Dinesh K Tripathi

Indian Navy Chief Admiral Dinesh K Tripathi highlighted an unprecedented operational tempo in 2025, clocking nearly 11,000 ship days and over 50,000 flying hours. Operation Sindoor showcased combat readiness and deterrence, forcing Pakistan Navy confinement. Tri-service synergy and multi-domain exercises like TROPEX-2025 underscored enhanced capabilities and regional security efforts.

The Economic Times

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‘I want my life back’: drugs shortages lay bare economic impact of diamond crash in Botswana

Healthcare should be free but lack of essential supplies has led to patients being told to buy their own medicines

The Guardian - UK

Victims of sexual offences denied justice for sake of child perpetrators, says Jess Phillips

Former safeguarding minister calls for sentencing guidelines review and fears crime now seen as ‘content for an eyeball economy’

The Guardian - UK

The AI economy could crash on mounting chip costs — and those token costs won't help

Soaring GPU prices, debt-funded chip deals and an agentic token explosion — the cost of the hardware and compute powering AI could be what breaks it.

Fortune

Finance ministry flags inflation risks ahead of RBI policy as fuel prices, monsoon concerns mount

India faces rising inflation risks. Fuel prices are up, the rupee is weak, and a poor monsoon looms. The Finance Ministry warns of renewed price pressures. This comes before the Reserve Bank of India's policy decision. Wholesale price increases are a concern. Global conflicts also pose a threat to India's…

The Economic Times

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ENERtec Asia 2026 Partners with MIDA to Power Malaysia's Digital Economy via Renewable Energy and Battery Storage Innovation

KUALA LUMPUR, Malaysia, May 30, 2026 /PRNewswire/ -- As shifting geopolitical dynamics, regional supply chain realignments, and surging electricity demand reshape global trade, Malaysia is intensifying efforts to strengthen energy security and future-proof its economic growth through renewable energy (RE) and battery energy storage systems (BESS).

AAP

Are Russian spies stealing Western technology? What European intelligence officials claim

Russian intelligence agencies are aggressively intensifying efforts to steal Western technology, defence research and industrial secrets across Europe as sanctions linked to the Ukraine war squeeze Moscow’s wartime economy, senior European intelligence officials told Associated Press.

The Times of India

El Niño effect: Why India may see weak monsoon and harsher summer

India faces a double blow as the IMD forecasts below-normal monsoon rainfall, with a 60% chance of deficient rains due to El Niño. This, coupled with the West Asia crisis impacting agricultural inputs, threatens the farm sector and the rural economy, potentially leading to broader economic challenges.

The Economic Times

India faces test of oil, inflation and monsoon risks despite economic resilience, FinMin report shows

India's economy shows cautious resilience. Domestic strengths support the outlook despite global challenges. Manufacturing and services are growing. Labour markets are stable. Foreign exchange reserves offer protection. However, rising crude prices, tighter finances, and a weak monsoon pose risks. Inflation needs careful watching. Navigating the coming year requires adaptability to…

The Economic Times

Hajj travel becomes costlier for pilgrims as Iran-US war disrupts Gulf air routes

Pilgrims heading to Saudi Arabia for Hajj face higher travel costs. Airfares and packages have risen significantly due to increased fuel prices and air traffic disruptions. This impacts millions preparing for the religious obligation. Saudi Arabia's economy relies on religious tourism, with ongoing investments to enhance the pilgrim experience.

The Economic Times

A broken economy and an emboldened regime: Iranians abandoned to endure fallout from war

Some Iranians hoped foreign intervention would unseat the regime but instead the US-Israel war has damaged livelihoods and strengthened those in power

The Guardian - UK

Rupee depreciation: What are the implications for commodities and Indian economy?

The Indian rupee experienced a sharp decline in 2026, nearing Rs. 97 against the US dollar before a slight recovery. This depreciation, driven by import reliance, trade deficits, and global tensions, has significantly impacted commodity prices, pushing inflation higher. While the RBI intervenes, the rupee faces a mild depreciating bias.

The Economic Times

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The Independent UK

Russian spies are going after Western technology – they care less about being caught

Russia needs sanctioned computer technology and software updates for machine tools

International Business Times

CEOs Lose Confidence In Economy As Head Winds Drag On: Report

CEO confidence fell sharply in the second quarter, dropping 12 points to 47, according to a survey from The Conference Board and The Business Council.

The Mary Sue

Trump’s Iran Gambit Just Blew up in His Face as Gas Prices Hit $4.42 and Inflation Soars to a Three-Year High

For now, Americans have been left to navigate an economy that’s growing more expensive by the month.

Bangkok Post

Second phase of AI Passport project in pipeline

The Ministry of Digital Economy and Society (DES) plans to move ahead with development of the second phase of the TH-AI Passport project at a cost of 900 million baht, despite ongoing criticism of the first phase.

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Evening Standard

Oil falls amid hopes for Trump peace deal backing

Brent crude for July delivery traded lower as the US president said he was making a ‘final’ decision on a peace deal with Iran.

The Independent UK

Trump in Situation Room to make final call on Iran peace deal after lifting Naval blockade of Hormuz Strait

President confirms deal reopens Strait of Hormuz after months-long stalemate that has devastated global economy

The Economic Times

Resilient Indian economy may face West Asia headwinds; El Nino impact likely on agri output: RBI

As energy prices surge and supply chain disruptions persist, India's economic landscape is indeed testing its resilience; yet, robust financial health among corporations and banks, bolstered by proactive government investments, is set to fuel progress, the RBI said.

The Guardian - US

Why America is failing its health report card

Americans spend 18% of our economy on healthcare, nearly twice the average of comparable nations, for worse results

The Guardian - UK

Bank of England’s Bailey says no rush to raise interest rates amid Iran war uncertainty

Inflation can be tolerated above 2% target for now ‘given context of softness in real economy’, governor says

The Independent UK

Russia’s ballooning $28bn Ukraine war bill forces Putin to make spending cuts

Russia continues to spend big on the war as its gains in Ukraine shrink to a fraction of what it took last year

The Economic Times

India ranks 4th globally on AI performance; 5th in digital economy rankings: Report

India has surged to become the world's fifth most digitalised economy and ranks fourth in AI performance, a new report reveals. This positions India ahead of several developed nations, highlighting a significant shift in global digital leadership with developing countries now dominating AI usage.

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