The Latest Breaking News from Economy

Airlines are redesigning travel to cater to highest-paying passengers

Budget-conscious travelers are increasingly witnessing a widening gap between the front and back of the plane

The Independent UK · Jul 7

'India's economy is driving global growth': PM Modi tells Indian diaspora in Jakarta; says India is following the mantra of 'Reform, Perform and Transform'

Prime Minister Narendra Modi addressed the Indian diaspora in Jakarta during his Indonesia visit. He emphasized India's growing economy as a major driver of global growth. Modi highlighted the deep civilisational heritage shared between India and Indonesia. He also spoke about receiving Indonesia's highest civilian honor. The Prime Minister thanked…

The Economic Times · Jul 7

India climbs global manufacturing rankings amid China+1 shift

India's manufacturing growth has surpassed the global average, positioning it as an emerging leader. This rise is fueled by domestic demand and government initiatives like PLI schemes. Global companies are seeking diversification and resilience in their supply chains. Investor confidence is growing due to sustained reforms and strategic initiatives. India's…

The Economic Times · Jul 7

Low-cost loans for solar panels could save households hundreds on bills – thinktanks

New Economics Foundation and Finance Innovation Lab suggest loan scheme backed by Bank of England could benefit up to 8m homes

The Guardian - UK · Jul 7

Report proposes 'India-Plus Contribution Scorecard' to boost FDI

A new report suggests an 'India-Plus Contribution Scorecard' for foreign investment. This framework would rate investors on economic contributions like exports and technology. Companies scoring above seventy would receive a ninety-day single-window clearance. National security screening will remain a stringent requirement for all foreign investments. This approach aims to attract…

The Economic Times · Jul 7

Global Market: Euro zone inflation risks persist despite oil price retreat, ECB's Schnabel warns

ECB Executive Board member Isabel Schnabel said the euro zone economy has not returned to pre-war conditions despite lower oil prices, citing persistent core inflation, energy market risks and supply chain pressures. Her remarks suggest policymakers remain cautious on inflation, while another ECB official struck a more optimistic tone on…

The Economic Times · Jul 7

The five European economies set to grow more than twice as fast as the eurozone

The IMF expects the eurozone to grow by little more than 1% a year through 2031. Yet some of Europe's fastest growth is forecast in smaller economies, with war-hit Ukraine among the countries expected to outpace the eurozone by more than two to one.

Euronews · Jul 7

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 · Jul 7

Why flying feels worse than ever if you can’t afford first class

America’s biggest airlines are expanding their premium cabins and adding more luxury perks to attract high-paying passengers

The Independent UK · Jul 7

China's booming gig economy masks job market pain, strains welfare system

His story is increasingly common in China, where tens of millions ​are shifting from formal employment into the gig economy as meagre unemployment insurance, record numbers of graduates and a shortage of jobs squeeze opportunities.

The Economic Times · Jul 7