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The Latest Breaking News from GDP

US defies forecasts of economic slowdown, but its growth isn’t making ordinary people better off

US economic growth is picking up again after a slowdown towards the end of 2025. According to price data released on May 28, US GDP grew by 1.6% year-on-year in the first quarter of 2026. This is despite energy prices rising and consumer confidence falling since the US president, Donald…

The Conversation

GDP growth momentum intact, no need for additional borrowing so far: Govt sources

India's economy is navigating external challenges like rising import costs. However, domestic consumption remains strong, ensuring growth momentum. Government sources indicate no immediate need for extra borrowing. Disinvestment and asset monetisation are being pursued to boost non-tax revenue. Macroeconomic data will be reassessed in July. Reforms to boost foreign investment…

The Economic Times

India scores 6-7/10 on growth durability, but the real problem runs deeper, says Nomura's Aurodeep Nandi

India's strong GDP growth hides underlying fragilities. Economist Aurodeep Nandi warns that without boosting domestic demand and investing heavily in research and development, India risks falling into the middle-income trap. Current growth relies on top-tier consumption and services exports. Manufacturing and private investment lag. This structural shift is crucial for…

The Economic Times

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Fitch cuts FY27 growth projection to 6.4%; US-Iran war to slow down economy

Fitch Ratings has reduced India's GDP growth projection to 6.4 percent for the current fiscal year. The US-Iran war is expected to slow economic activity in the September and December quarters. Rising prices will dampen consumer spending. For FY28, growth is expected to pick up to 6.7 percent. Fitch also…

The Economic Times

IEP - Record Conflicts Drive Peace to Historic Low as AI warfare surges

LONDON, June 9, 2026 /PRNewswire/ -- The 2026 Global Peace Index (GPI), released today by the Institute for Economics & Peace (IEP), reveals a world struggling with the economic consequences of a record-high number of conflicts that are increasingly interconnected and difficult to resolve. This deterioration is driven by a…

AAP

KKP sees 2% current account deficit in Q2

Thailand's current account is expected to register a deficit of around 2% of GDP in the second quarter before rebounding later in the year as global oil prices decline, according to Kiatnakin Phatra Financial Group (KKP).

Bangkok Post

NZ’s double defence spend still not enough for the US

Today from The Detail: The US Secretary of War put NZ's defence spending in the spotlight last week, calling us 'freeloaders', and forcing a conversation about how much we spend and whether our government can justify it

Newsroom.co.nz

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India’s growth faces crude and monsoon test as FY27 GDP seen moderating to 6.5%

India's economic growth is projected to slow to about 6.5 per cent in fiscal year 2027. Higher costs, global tensions and a potentially weak monsoon are key concerns. Despite these challenges, private spending and investment are expected to support growth above 6 per cent. The economy finished fiscal year 2026…

The Economic Times

What PM Modi Discussed Behind Closed Doors Will Surprise You

While many economies are struggling with slowing growth, rising geopolitical tensions, and uncertain markets, India continues to stand out. Prime Minister Narendra Modi's recent meeting with the Economic Advisory Council wasn't just another policy discussion it was a deep dive into how India can maintain its growth momentum even as…

MyLifeXP

FIFA 2026 World Cup to boost beer sales by over 1,000,000,000 pints: Event to boost global GDP by more than $41 billion

The 2026 FIFA World Cup is set to significantly boost global beer consumption, with over a billion pints expected. Analysts predict a 0.3% increase in beer industry volumes. The month-long event will also drive consumer spending across hospitality, travel, and retail sectors. Billions in economic activity are anticipated, benefiting companies…

The Economic Times

"Strengthen aspirations of 140 crore Indians": Rajnath Singh hails India's 7.7% GDP growth in FY 2025-26

India's economy achieved a strong 7.7 percent growth in financial year 2025-26. This performance accelerated to 7.8 percent in the fourth quarter. Defence Minister Rajnath Singh highlighted this resilience, attributing it to the 'Reform, Perform, Transform' mantra. India continues to lead as the world's fastest-growing major economy amidst global uncertainty.…

The Economic Times

Why India’s 7.7% GDP Growth Matters More Than You Think

When economies across the world are struggling with uncertainty, India has delivered a powerful surprise. The latest GDP figures show the country growing at 7.7% during FY 2025-26, beating expectations and reinforcing its position as a global growth leader. Prime Minister Narendra Modi described the achievement as evidence of India's…

MyLifeXP

India's 7.7 pc GDP growth in FY26 shows foundation of economy is strong, says PM Modi

India's economy shows a strong foundation with 7.7 percent GDP growth for fiscal 2025-26. Prime Minister Narendra Modi stated India is the world's fastest-growing major economy. He emphasized collective citizen efforts in managing global turmoil. Development projects worth Rs 2,970 crore were launched in Daman. Modi assured continued fast-paced progress…

The Economic Times

FY26 growth higher than anticipated, shows India's resilience: MoSPI Secretary

India's GDP growth of 7.7 per cent in FY2025-26 came in higher than anticipated in the Second Advance Estimates (SAE), reflecting the resilience and robustness of the Indian economy despite global headwinds, Secretary, Ministry of Statistics and Programme Implementation (MoSPI), Saurabh Garg said.

The Economic Times

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Evening Standard

How will soaring fuel prices impact April’s GDP data?

ONS figures for April are set to show the beginnings of a squeeze on households after the conflict sent fuel prices surging.

The Independent UK

How soaring fuel prices will impact April’s GDP data

Forecasts anticipate a sharp pullback, largely attributed to geopolitical tensions in the Middle East impacting fuel prices

The Economic Times

Govt committed to further drive 'Reform Express', ensure economic momentum: FM Sitharaman

India's economic outlook continues to evolve, with Finance Minister Nirmala Sitharaman highlighting the government's unwavering resolve to enhance economic policies. This declaration aligns with the Reserve Bank of India's recent downward adjustment of the FY27 GDP forecast. In a bid to woo foreign investors, the government has unveiled new tax…

The Economic Times

India can return to 7% GDP growth path in FY28 with macro stability, supply measures: CEA Nageswaran

India is on the brink of achieving a robust 7 percent growth in FY28, contingent on maintaining macro stability and ensuring supply chains remain intact. The improvement of external conditions will play a critical role in this outlook. Meanwhile, the Reserve Bank has adjusted its FY27 GDP forecast down to…

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The Economic Times

India’s GDP expands 7.7% in FY26; Q4 growth at 7.8%

India GDP Data Key Insights Q4 FY26: India's economic growth saw a slight dip to 7.8 percent in the fourth quarter of fiscal year 2026. The Reserve Bank of India has now lowered its growth projection for fiscal year 2027 to 6.6 percent. This adjustment comes amid increasing global uncertainties.…

The Economic Times

India to surpass China in share of global GDP by 2060: Report

India is set to overtake China in global economic power by 2060. A new report indicates China's GDP share will decline in the latter half of this century. India's population growth and economic expansion are key factors. This shift signals a multipolar world order for the 21st century. The global…

Fortune

Taylor Swift, the economics of hype, and what the World Cup gets wrong

Swift's fans pay with wallets. World Cup hosts pay with budgets.

The Economic Times

Rupee rises 50 paise to 95.24 against US dollar post RBI policy decision

The rupee strengthened significantly against the US dollar, gaining 50 paise to reach 95.24 following the RBI's liberalization of FPI investment norms in government securities. This move, coupled with the central bank's assertion of robust forex reserves, boosted investor confidence. The RBI also maintained its repo rate at 5.25% and…

The Economic Times

RBI GDP growth 2026-27: Forecast cut to 6.6% as oil, war and subpar monsoon risks mount

RBI GDP Growth 2026-27: The Reserve Bank of India has reduced its economic growth forecast for FY27 to 6.6 percent. This adjustment comes amid concerns over global conflicts, energy prices, and weather. The central bank has maintained the key interest rate at 5.25 percent. India's economy shows resilience, but future…

The Economic Times

RBI MPC key takeaways: Here are the major announcements by Governor Sanjay Malhotra on GDP, inflation and repo rate

RBI Monetary Policy Committe 2026 key takeaways: The Reserve Bank of India has maintained its key repo rate at 5.25%. The central bank also kept its policy stance neutral. This decision comes as India navigates a challenging global economic landscape. The RBI remains confident in India's ability to manage these…

Bangkok Post

A dangerous call to arms for Asean

US Defense Secretary Pete Hegseth's demand at the recent Shangri-La Dialogue in Singapore for Asian allies and partners to spend 3.5% of GDP on defence sounded alarm bells across Southeast Asia and beyond. His brow-beating call to arms will likely lead to a regional defence build-up not seen in decades.…

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