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The Latest Breaking News from GDP

Russia warns war costs are ravaging its finances while Ukrainian 'drone overmatch' sends Putin's forces reeling in new phase of combat

Economic growth is also stagnating, with GDP expected to tick up just 0.4% this year, down from a previous view for 1.3%.

‘Scamdemic’: Inside Southeast Asia's cyber fraud industry

‘Scamdemic’: Inside Southeast Asia's cyber fraud industry

It is one of the world's fastest-growing industries. Cyber fraud operated out of scam centres scattered across the Mekong region generates tens of billions of euros every year -- by some estimates, equivalent to 40 percent of the region's combined GDP. This edition of Access Asia takes a deep look…

Top 10 richest countries in the world in 2026 by GDP: From Liechtenstein to Denmark

Top 10 richest countries in the world in 2026 by GDP: From Liechtenstein to Denmark

Wealth between countries is often discussed as though it were a simple ranking of who has the most money. In reality, the picture is narrower and more complicated. Lists of the world’s richest countries usually measure wealth by GDP per capita, which is economic output divided by population. That changes…

The Times of India

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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

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

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

Top JPMorgan analyst maps 5 ways America's debt crisis could unfold—and the 'best case' is still alarming

JPMorgan's David Kelly maps out five scenarios for the national debt over the next decade — the best-case is pretty, pretty bad.

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Elon Musk’s ex-girlfriend Ashley St Clair claims she was offered 'enough money equal to GDP of small nation' to not expose MAGA

Elon Musk’s ex-girlfriend Ashley St Clair claims she was offered 'enough money equal to GDP of small nation' to not expose MAGA

Former MAGA influencer and Elon Musk associate Ashley St Clair has made a series of explosive claims about the US political right, saying she was offered large sums of money to stay silent and alleging that parts of the MAGA movement operate through coordinated private group chats involving senior political…

The Times of India

Govt health spending triples to Rs 3.85 lakh crore in 2022-23: National Health Accounts

Govt health spending triples to Rs 3.85 lakh crore in 2022-23: National Health Accounts

Government spending on healthcare has surged to Rs 3.85 lakh crore in 2022-23, nearly tripling from a decade ago. This increased public investment has led to a substantial drop in household out-of-pocket expenses for treatment. The share of government health spending in GDP has also risen. This indicates a positive…

The Economic Times

Solar panels offer escape from debt

Solar panels offer escape from debt

Thailand's household debt reached 86.7% of GDP at the end of 2025, among the highest ratios in Asia. The Bank of Thailand's own data shows that debt for consumption is rising; debt based on income-generating assets such as property or housing loans is contracting. The data reflects bread-and-butter issues and…

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

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.

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

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

Insurance sector to match Thai GDP growth

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.

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

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

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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.

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.

The Guardian - UK

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

BofA says you'll be 10x more productive with AI. Ignore the 0.1% result so far

The bank sees a productivity boom and an implementation gap. Here's the argument for why it will close — and why the bubble may pop before that.

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GDP Alert: The United Kingdom Is Poorer Than Every Individual U.S. State

The economic gap between the U.S. and the U.K. has been widening for more than a decade. As a result, a new study has found that the U.K.'s GDP per capita is now lower than every single U.S. state.

We’re Not in a Bubble. Wall Street Just Hasn’t Caught Up With the New ‘Physics’ of the Stock Market.

Traditional signals about the overheating of the U.S. stock market are ceasing to work in the age of digital transformation.

The Times of India

Most advanced countries in the world ranked: From South Korea’s high digital adoption to Denmark’s pharmaceutical innovation

The most technologically developed countries in the world are ranked based on their degree of digitalisation, access to the internet, mobile phone usage, investment in research and development, and the overall technological competitiveness of the state. Among the top countries to be considered for the year 2026 are those with…

The Economic Times

Is your mutual fund SIP secretly crushing the Indian rupee? Jefferies explains the bitter side of the story

India's strong mutual fund SIP culture is helping foreign investors exit the equity market. This is putting pressure on the Indian Rupee. Jefferies reports that capital flows are low, not the current account deficit. Foreign investors have sold equities worth billions. Domestic savings are now funding these outflows. The Rupee…

The Economic Times

Rupee can hit 100, balance of payments already under stress: Diviya Nagarajan, UBS

India faces mounting economic challenges, with UBS warning of a potential rupee slide to 100 and a $50 billion balance of payments stress. GDP growth could dip to 5.5% in a worst-case scenario, while earnings outlook remains uncertain. Banks are better positioned, but power and renewables offer a bright spot.

The Economic Times

India needs to raise R&D spending to 2 pc of GDP by 2035 to boost manufacturing: Report

India's manufacturing growth is hampered by low R&D spending, currently at 0.6% of GDP, a report highlights. To boost its manufacturing share, India aims to increase R&D expenditure to 2% by 2035, requiring greater private sector involvement and stronger innovation ecosystems. This transition to innovation-driven manufacturing is crucial for long-term…

The Economic Times

UN cuts India's 2026 GDP forecast to 6.4 pc, still among fastest-growing economies

The United Nations has lowered India's economic growth forecast for 2026 to 6.4 percent. This adjustment reflects global uncertainties and economic shocks from the West Asia crisis. Despite this, India remains one of the world's fastest-growing major economies. The UN notes that India is not immune to these global challenges.

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