The Latest Breaking News from GDP

Industrial Bong for the Buck: A blueprint for West Bengal’s evolution from an entrepot to a production hub

West Bengal’s hopes of an industrial revival face structural challenges despite strong manufacturing growth over the past decade. A NITI Aayog report showed the state’s share in India’s GDP fell from 6.8% in 1990-91 to 5.8% in 2021-22, while per-capita income remained below the national average. However, manufacturing growth between…

The Economic Times · May 28

U.S. GDP Revised Downward To 1.6%, Commerce Department Says

The U.S.'s GDP growth was reviewed downwards to 1.6% from 2% initially reported.

International Business Times · May 28

West Asia conflict may slow India’s growth, push up Inflation: SBI Chairman

State Bank of India Chairman Challa Sreenivasulu Setty warns the West Asia conflict may slow global growth and increase inflation. India remains resilient due to strong domestic demand and public investment. However, spillover effects could impact India's GDP growth and inflation in FY2027. Policymakers and financial institutions must remain agile…

The Economic Times · May 28

India’s GDP revisions explained: What changed and why it matters

Amidst the ongoing West Asia crisis, the Indian economy is expected to take a hit: the World Bank’s latest projections suggest that the country’s GDP growth could fall to 6.6 percent in this financial year.

Newslaundry · May 26

Fact check: UK borrowing has fallen below 5% of GDP multiple times since 2019

The Chancellor made the claim after her statement on the economic response to the war in Iran.

Evening Standard · May 26

Insurance sector to match Thai GDP growth

Thailand's insurance industry is expected to maintain growth broadly in line with the country's GDP this year, despite mounting economic uncertainty and rising living costs that are beginning to influence consumer purchasing behaviour, the sector's regulator and senior executives say.

Bangkok Post · May 25

RBI unlikely to hike rates soon despite inflation risk, rate action only in Dec if needed: Icra's Aditi Nayar

The Reserve Bank of India is expected to hold off on interest rate hikes. Inflation risks are rising due to fuel prices and monsoon uncertainty. A rate increase is only likely by year-end if price pressures continue. The central bank will monitor for broader inflationary effects before acting. This cautious…

The Economic Times · May 25

Russia's economy is much worse than it seems, and 'elites are increasingly alarmed' as alternate GDP gauge shows huge contraction

While Russia has claimed its GDP expanded by about 13% between 2020 and 2024, Sweden's analysis of nighttime luminosity shows the economy actually shrank by 8% during that span.

Fortune · May 24

GDP, Earnings and Other Key Things to Watch this Week

Markets enter the final week of May with a holiday-shortened trading schedule following Memorial Day Monday closure, compressing important economic data and high-profile earnings into four sessions.

Barchart · May 24

At least £325bn of ‘dirty money’ flows through UK each year, says report

Call for crackdown as finance linked to corruption, tax evasion and money laundering is estimated at 10% of GDP

The Guardian - UK · May 24