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The Latest Breaking News from GDP

‘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.

The Hindu

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...

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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.

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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

The Hindu

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.

Newslaundry

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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

Evening Standard

Union Budget | Indian economy witnessed profound positive transformation in last 10 years, says FM Nirmala Sitharaman

FM Nirmala Sitharaman Budget 2024 Speech: Indian economy witnesses positive transformation, projected to become third largest in the world with a GDP of $5 trillion

The Hindu

Hong Kong's Q4 GDP grows 4.3% y/y, below expectations

Hong Kong's Q4 GDP growth of 4.3% year-on-year falls short of expectations. This article discusses the factors behind the slower expansion.

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IMF Lowers Argentina's GDP Forecast, Impacts Regional Outlook

The International Monetary Fund (IMF) has lowered its GDP growth forecast for Argentina, impacting the overall economic outlook for Latin America.

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Argentina Can Appeal Hedge Funds' Lawsuit Over GDP-Linked Securities

Argentina's ability to appeal in the hedge funds' lawsuit over GDP-linked securities will be explored by the British court, providing key insights into the...

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Taiwan's Q4 GDP surpasses expectations, promising outlook for 2024

Taiwan's Q4 preliminary GDP surpasses expectations, signaling positive prospects for the country's economic growth in 2024.

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Eurozone narrowly avoids recession as German economy shrinks

Single currency zone’s stagnating GDP figure will add to pressure for ECB interest rate cut

The Guardian - UK

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The Guardian - UK

IMF warns Hunt against tax cuts; eurozone avoids recession – as it happened

Rolling coverage of the latest economic and financial news, as the eurozone stagnates in the final quarter of 2023

International Business Times

Fixing Food Could Produce Trillions In Annual Benefits: Report

The ways food is produced and consumed across the world is racking up hidden costs in health impacts and environmental damage amounting to some 12 percent of world GDP a year, according to a new report Monday.

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US Leads Global Economy with Strong GDP Growth Despite Challenges

Discover how the US economy is thriving compared to other nations, with strong GDP growth, robust stimulus spending, and favorable gas prices benefiting co...

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Irish Q4 GDP Contracts 0.7% in Preliminary Estimate

Preliminary estimates show that Irish GDP contracted by 0.7% in the fourth quarter of the year. This downturn in the economy can help us understand the cur...

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Strong GDP growth in Q4 2023 defies recession forecasts

Discover the positive GDP growth in the 4th quarter of 2023 and what it means for businesses. Find out why labor, capital investments, and financing strate...

International Business Times

Asian Equity Rally Fades Despite Wall St Records Sparked By US Data

The rally in Asian markets petered out Friday, with profit-takers paring three-day surges in Hong Kong and Shanghai as traders await more guidance on China's plans to support the country's battered economy.

Kiplinger

Stock Market Today: Stocks Close Higher After GDP, Tesla Earnings

Government data showed the U.S. economy remained resilient at the end of 2023.

WEKU

Many experts feared a recession. Instead, the economy has continued to soar

The U.S. economy grew substantially faster in the final months of 2023 than forecasters had expected. For all of last year, the economy grew 3.1% — defying forecasts of a likely recession.

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Euro Rises from Six-Week Lows Ahead of ECB Meeting and US GDP Data

The Euro gains some ground as it rebounds from six-week lows ahead of the European Central Bank meeting and the release of US GDP data. Stay informed.

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US Economy Grows 3.3% in Q4 2023, Exceeding Expectations

Discover how the US economy grew by 3.3% in the last quarter of 2023, surpassing expectations. Find out what this means for the Federal Reserve and rate cuts.

International Business Times

US Economy Closes In On 'Soft Landing' As GDP Grows 3.3% In 2023 Q4

The U.S. Gross Domestic Product (GDP) increased at a 3.3% rate -- well ahead of the 2% projected by Wall Street Journal and Bloomberg.

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