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The Latest Breaking News from GDP

Rishi Sunak’s promise to grow the economy ‘in tatters’ as UK enters technical recession – as it happened

UK economy shrank by 0.3% in October-December, worse than expected, putting country into a technical recession in a blow to the PM

The Guardian - UK

What Is Behind The US Economy's Surprising Strength?

The US has seen GDP growth blow past predictions, hiring numbers surge unexpectedly and consumers still spending even as interest rates climbed -- deftly averting a dreaded recession in 2023.

International Business Times

Japan GDP Data: Yen Stays Strong at 150.00/$

Get the latest update on Japan's GDP and the performance of the yen against the dollar, with the exchange rate reaching 150.00 yen per dollar.

Top News

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Nato chief rebukes Donald Trump and announces record defence spending

Jens Stoltenberg accuses Trump of undermining alliance and says 18 members are expected to invest at least 2% of GDP this year

The Guardian - UK

Trump Had a Point About NATO Free-Riding Off American Defense

It’s true that the U.S. pays too much of the continent’s defense bills even as it’s going broke.

Reason

Fact-checking Trump comments on ‘delinquent’ NATO countries - Roll Call

As he did at a Feb. 10 rally, Trump has long mischaracterized what he calls “delinquent” payments from alliance members to NATO.

Roll Call

The state of the Indian economy today

India’s GDP growth rate declined annually from 2016-17, and fell below 3.5% in the fourth quarter of 2019-20. This four-year continuous decline from a 7% growth rate to 3.5% rate has never been acknowledged by the government.

The Hindu

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European Shares Rise, US Inflation Data and Japan's GDP Awaited

Get the latest update on global market trends. European shares rise, while Asian markets are quiet due to holidays. US inflation data and Japan's GDP growt...

Top News

Recession verdict for UK economy will be no laughing matter for Hunt and Sunak

Figures on GDP, wages and inflation this week are set to offer Labour plenty of scope for criticising Tories’ economic competence

The Guardian - UK

The UK economy could already be in recession – we’ll find out tomorrow

City braced for verdict on recession as D-day for economic data looms

Evening Standard

Microsoft CEO Satya Nadella Promotes AI Tools in India

Microsoft CEO Satya Nadella urges Indian developers to utilize the company's AI tools, highlighting their potential impact on India's GDP target.

Top News

RBI pegs India's 2024-25 real GDP growth at 7%

The Reserve Bank of India (RBI), while maintaining the status quo in the repo rate, pegged India's GDP growth for the next financial year 2024-25 (April-March) at 7 per cent. Read further on Dynamite News:

Dynamite News

RBI’s MPC keeps repo rate unchanged at 6.5% to bring down inflation, support growth

The Reserve Bank of India's Monetary Policy Committee keeps policy repo rate unchanged at 6.50% for 2023-24.

The Hindu

Road map for fiscal consolidation

The Interim Budget for 2024-25 maintains tax rates and emphasizes increasing capital expenditures and fiscal correction.

The Hindu

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Top News

Russia's Military Spending Drives GDP Growth Amid Economic Challenges

Discover how Russia's GDP growth, fueled by increased military spending, masks underlying economic challenges and highlights the country's broader economic...

AnandTech

Sales of Client CPUs Soared in Q4 2023: Jon Peddie Research

Global client PC CPU shipments hit 66 million units in the fourth quarter of 2024, up both sequentially and year-over-year, a notable upturn in the PC processor market, according to the latest report from Jon Peddie Research. The data indicates that PC makers have depleted their CPU stocks and returned…

Top News

Brazil's GDP to grow over 2% as inflation converges at 3% - Lula

Learn about Brazil's economic forecast as former president Lula states that the country is estimated to see GDP growth over 2% and inflation converging to ...

The Hindu

‘Rigid, statutory fiscal targets are getting discredited globally,’ says Finance Secretary

Almost no country seems to adhere to fixed fiscal goals anymore, Finance Secretary T.V. Somanathan said in an interview to The Hindu, emphasising that the country’s high growth trajectory should enable a gradual decline in its debt to GDP ratio.

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Top News

Indonesia's GDP growth in 2023 slows to 5.1%

Discover the latest update on Indonesia's economy. The GDP growth is projected to slow down to 5.1% in 2023. Stay informed on the country's economic perfor...

Top News

IMF Forecasts China's GDP Growth to Slow to 4.6% by 2024

The International Monetary Fund (IMF) projects China's GDP to slow to 4.6% in 2024 and potentially decline further in the medium term. Find out more.

The Hindu

Budget has laid roadmap for Viksit Bharat, says BJP leader

The interim Union Budget allocates ₹11.10 lakh crore for capital expenditure, focusing on housing, financial empowerment, and GDP growth.

The Hindu

Budget 2024 | The pace of fiscal consolidation took everyone by surprise

The 2024 Budget focuses on fiscal consolidation and maintaining infrastructure spending, with lower fiscal deficit targets and optimistic growth projections.

The Hindu

A political, feel-good statement

The Budget is an account of the achievements of the present regime and refuses to address shortcomings such as lack of employment, wage growth, or deficiencies in specific sectors

Newslaundry

What the Finance Minister’s budget speech tells us – and what it doesn’t

Finance Minister Nirmala Sitharaman presented her sixth budget today. It was an interim budget, with the full budget being due once the next government is elected after the Lok Sabha polls, which should happen in April and May.

Evening Standard

Inflation to fall to 2% target within months, Bank of England says, but will rise again

GDP, meanwhile, is now expected to stagnate in the first quarter of this year, but will pick a little up with 0.5% growth in 2025

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