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The Latest Breaking News from Economy

Macro headwinds are behind us; largecaps poised to outperform: Prashant Jain

India's equity markets are poised for a positive turn as economic challenges recede, according to Prashant Jain. He highlights strong domestic fundamentals, improving external balances, and reasonable valuations, particularly favoring large-cap banking and IT stocks. Jain sees value in the IT sector despite near-term pressures and believes large private banks…

The Economic Times

EU launches new measures to attract skilled foreign workers, speeds up single work-residence permit process

The European Union is easing entry for skilled non-EU workers to combat labour shortages. A revamped Single Permit Directive streamlines applications for work and residency, while the new EU Talent Pool platform will connect international jobseekers with European employers. These initiatives aim to bolster the EU economy amidst demographic shifts…

The Economic Times

Digital economy minister defends 33% budget increase

Digital Economy and Society Minister Chaichanok Chidchob has defended the ministry’s proposed 33.2% budget increase for fiscal 2027, saying the funding will accelerate digital transformation, strengthen government cloud infrastructure and enhance disaster preparedness.

Bangkok Post

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Is hiring picking up in the US? Thursday's report will help illustrate trends

Thursday’s report from the Labor Department on June job changes will provide some important clues on the health of the U.S. economy

The Independent UK

Odisha cabinet approves over Rs 2,000 crore deep sea fishing mission

Odisha's government has approved a massive Rs 2,000 crore deep sea fishing mission to establish the state as a premier marine export hub. This plan, spanning a decade, aims to boost fish production by 2 lakh metric tonnes annually, create over 50,000 jobs, and significantly increase seafood exports. The initiative…

The Economic Times

India unlikely to raise inflation target, RBI Governor Sanjay Malhotra says; expects strong growth

India's inflation target is unlikely to be raised, with Reserve Bank of India Governor Sanjay Malhotra suggesting a potential long-term reduction. He highlighted the success of the current inflation-targeting framework in lowering average inflation. Despite expectations of a rise, inflation remains below the central bank's 4% target, and the economy…

The Economic Times

California delays first emissions reporting deadline to November

In this week’s edition of Economy and Society:

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Report urges reforms as public debt rises

Thailand no longer has a fiscal buffer to contain rising public debt, making it necessary to accelerate reforms for both the economy and the public sector to lift economic growth closer to its full potential, according to the Finance Ministry.

Bangkok Post

Which 2026 Honda Civic Should You Buy? Every Trim Explained

From a $25,000 economy sedan to a 315-hp track monster—the Civic range proves Honda still knows exactly what buyers want.

Motor1

'I Don't Want It:' Netanyahu Vows To Phase Out US Aid, Claiming The Nation Can Easily Finance Its Own Military Actions

Israeli Prime Minister Benjamin Netanyahu plans to end US military aid, describing it as 'welfare' Israel no longer needs, amid tensions with Washington over Iran policy.

International Business Times UK

The USMNT’s quest for World Cup glory is currency in the attention economy

In Wednesday’s last-32 match, the US team have more than just a chance to win against Bosnia and Herzegovina. They’re playing to win over their country

The Guardian - US

SpaceX Targets a Valuation Higher Than Meta and Berkshire Combined—While Making Less Revenue Than Macy's

SpaceX faces intense investor scrutiny as its $1.7 trillion valuation clashes with significant AI losses and trailing revenue behind retail chains like Macy's.

International Business Times UK

Inflation tumbled in June: where did prices cool the most in Europe?

Inflation fell more than expected across the single-currency bloc in June, easing pressure on the European Central Bank (ECB) and reviving hopes that the energy-driven spike triggered by the war in the Middle East is finally fading.

Euronews

The Supreme Court just handed the U.S. economy a $7.7 trillion win

Also: All the news and watercooler chat from Fortune.

Fortune

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The Economic Times

India's economic plot twist comes with one villain stepping aside, another waiting

India's economic outlook has improved as falling crude oil prices ease inflation, strengthen the balance of payments and prompt economists to raise GDP growth forecasts. But the optimism comes with fresh risks, including an uneven monsoon, food inflation, geopolitical tensions in West Asia and uncertainty over global commodity prices, making…

The Economic Times

Beyond Sectors: Independent categories recognising India's cross-border leaders

The Independent Categories at the Payoneer India Cross-Border Excellence Awards 2026 recognise businesses creating global impact beyond industry boundaries. From D2C brands to global employers and women-led enterprises, the awards offer national recognition, enhanced visibility and an opportunity to benchmark excellence in India's cross-border economy.

The Independent UK

Voices: From the NHS to holidays: Have your say on the five Brexit questions still dividing Britain

THE BREXIT DEBATES: Ten years after Britain voted to leave the EU, the arguments show no sign of ending. From the economy and the NHS to immigration and holidays abroad, we've asked experts from across the political spectrum to debate Brexit's biggest unanswered questions – and now it's your turn…

The Economic Times

Sticky inflation clouds rate outlook, but AI and earnings keep markets resilient: Santosh Rao

The AI-driven market rally is expanding beyond tech, with healthcare, financials, and transportation sectors showing robust participation, signaling a healthy economy. Despite sticky inflation, strong corporate earnings are supporting elevated equity valuations. Investors anticipate the US Federal Reserve may maintain higher interest rates for longer, strengthening the dollar and posing…

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Bangkok Post

Thai business group keeps 2026 GDP growth forecast at 1.6% to 2.0%

Thailand's economy is expected to grow by 1.6% to 2.0% ⁠this year, a leading business ‌group said on Wednesday, maintaining its earlier forecast.

The Times of India

'I don’t want it, we can finance ourselves': Netanyahu calls for ending Israel’s dependence on US aid

Israeli Prime Minister Benjamin Netanyahu declared Israel's robust economy no longer requires US financial aid, aiming to cease assistance this year. He reaffirmed opposition to Palestinian statehood and discussed maintaining Israeli forces in Lebanon until threats from Hezbollah are eliminated. Netanyahu emphasized an active security policy, stating readiness to act…

The Economic Times

Why Trump's tariffs had plenty of bark, but limited bite

Donald Trump's tariffs, once feared to cripple markets, have had a surprisingly muted impact, with actual levies lower than headline rates. While consumers bore the brunt, leading to inflation, the economic hit appears statistically insignificant in the short term. However, ongoing trade uncertainty and the potential for a 'slow burn'…

Evening Standard

Tory grandee Michael Heseltine backs Andy Burnham’s No 10 North

Lord Heseltine said if the ex-mayor delivered on the broad vision he set out on Monday, it could be ‘very beneficial’ for ‘our entire economy’.

International Business Times UK

Is Prime Day the New Black Friday? What a Summer Spending Shift Means for the US Economy

Amazon Prime Day is evolving into a major retail event, comparable to Black Friday, as consumers navigate economic challenges with cautious spending and strategic purchases.

International Business Times

The AI Boom Is Helping Power The U.S. Economy. But Cleveland's Fed President Says It Could Also Fuel Inflation.

Cleveland Fed President Beth Hammack said that "insatiable" demand of AI infrastructure is fueling inflation.

Bangkok Post

How to rescue Thailand's economy

In the early 1990s, Thailand was tipped to be the region's next economic tiger. Today, it risks being seen as the "sick man of Asia".

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