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The Latest Breaking News from GDP

Current account deficit to widen to 2.3 per cent of GDP in FY27 from 0.9 pc in FY26: Report

India's current account deficit is expected to rise to 2.3 percent of GDP in FY27 from 0.9 percent in FY26. This widening deficit could strain foreign exchange reserves. Experts suggest policy changes like increasing fuel prices and operationalizing trade deals to boost inflows. Attracting sustainable capital is crucial for India's…

The Economic Times

Labour must stick to Reeves’ fiscal rules to avoid market chaos, IMF warns

UK economy sees growth upgrade but government advised to ‘stay the course’

The Independent UK

As U.S. Debt Surpasses GDP, These 2 ETFs Are Emerging Winners in the “Sell America” Trade

With U.S. federal debt exceeding 100% of GDP, VXUS and IXUS offer investors international equity exposure as a hedge against rising sovereign risk.

MarketBeat

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India poised for strong growth revival despite global risks: Morgan Stanley

Morgan Stanley sees India's economy entering a new growth phase. Strong domestic demand and policy support are expected to boost corporate earnings. Indian equities are set for a strong year. Investments in key sectors will strengthen growth momentum. India's role in global GDP growth is increasing.

The Economic Times

The UK has highest property tax burden of any major economy: ‘Not a marginal difference’

Global tax firm Ryan found that the UK ranks first globally for the property taxes as a share of gross domestic product (GDP)

The Independent UK

UK has highest property tax burden of top economies, says report

Tax firm Ryan’s report found that the UK ranks first globally for the property taxes as a share of gross domestic product (GDP).

Evening Standard

FTAs, lower import duties, better business environment to boost net FDI flows: ADB chief economist

Foreign investment in India needs a boost. ADB Chief Economist Albert Park suggests free trade agreements and lower import tariffs. Strengthening manufacturing infrastructure and urban planning will attract more capital. Higher oil prices are expected to persist, impacting India's GDP growth and inflation. Reforms are ongoing, and continued momentum is…

The Economic Times

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Europe's Defense Spending Surge Is Fueling a 50% Price Spike on Military Gear — and the Problem Is Getting Worse

European nations face military gear price increases of more than 50% in two years as NATO allies race to rearm, Estonian Defense Minister Hanno Pevkur warned Saturday at the Lennart Meri Conference in Tallinn. The surge is exposing a painful paradox: the more Europe tries to defend itself, the more…

International Business Times

Nvidia surpasses Germany: How the market caps of tech giants compare to top economies

Nvidia’s market capitalisation ($5.7 trillion) has overtaken Germany’s GDP ($5.45 trillion). The combined value of the five largest US companies now exceeds the total GDP of Europe’s five largest economies.

Euronews

How Jerome Powell navigated pandemic, inflation and Trump

The outgoing Federal Reserve chair guided the U.S. economy through extreme tumult.

Axios

Wealth of Britain’s 157 billionaires now equal to 22% of country’s GDP

This ‘ghost GDP’ shows how headline economic growth is increasingly disconnected from reality for most, says report

The Guardian - UK

Nifty to hit 42,000 by 2028? New paper that studied market cycles says it's possible if these factors align

A CNI InfoXchange study projects the Nifty could surpass 42,000 by 2028 if sustained foreign investor inflows return. The report highlights stronger domestic liquidity, resilient equity markets, robust GDP growth prospects, rising retail participation, and India’s increasing weight in global emerging market indices.

The Economic Times

India’s cities need Rs 80 lakh crore investment to support urban growth: Report

India requires Rs 80 lakh crore for urban infrastructure by 2037. Cities will contribute significantly to the nation's GDP. A new Rs 1 lakh crore fund will encourage market-based funding for urban projects. Local bodies must raise funds through bonds or loans. This will improve financial discipline and city creditworthiness.…

The Economic Times

Rachel Reeves is right – a leadership election will only damage Britain’s recovery

THE INDEPENDENT VIEW: Editorial: With new GDP figures showing unexpected growth, Labour’s restless frontbenchers should heed the chancellor’s warning that this is no time to put the economy at risk for the sake of political ambition

The Independent UK

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The Independent UK

British army to be equipped with remote-controlled guns in £1bn deal

The guns will be manufactured on British soil in Telford and Stockport

Barchart

Stocks Rise Before the Open as Tech Rally Rolls On, U.S. Retail Sales Data and Trump-Xi Summit in Focus

June S&P 500 E-Mini futures (ESM26) are up +0.31%, and June Nasdaq 100 E-Mini futures (NQM26) are up +0.30% this morning, pointing to further gains after a tech-led rally in the previous session, while investors monitor developments from the U.S.-China talks and await a fresh batch of U.S. economic data,…

The Independent UK

UK economy records strongest quarterly growth in a year as GDP increases by 0.6%

IN FULL

Evening Standard

Rachel Reeves pleads with Labour MPs not to topple Keir Starmer after surprise 0.6% jump in GDP

The rise in economic growth was stronger than expected by the City but markets have been hit by the turmoil at the heart of Government

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The Independent UK

Boost for Reeves as GDP shows 0.6% growth despite Iran war crisis

As Starmer’s leadership crisis continues the pound has dropped and investors have been selling government bonds

The Guardian - UK

Reeves seizes on surprise UK growth as evidence Labour leadership must stay

Chancellor says ‘now not the time to put economic stability at risk’ as ONS records 0.3% growth in first month of Iran war

The Guardian - UK

Reeves warns against risking economic stability with leadership battle, after UK growth beats forecasts in March – as it happened

Chancellor warns against plunging the country ‘into chaos’ with leadership battle, after economy grows at fastest pace in a year in Q1 2026

The Economic Times

AI could add over $500 billion to India's economy by 2030: Study

Artificial Intelligence promises to boost India's economy by over $500 billion by 2030. Indian business leaders are optimistic about AI's role in GDP growth. However, many companies are still in the pilot phase of AI adoption. Key challenges include cloud infrastructure, data quality, and a growing skills gap. India aims…

Euronews

Which European economies are growing the fastest in 2026?

The eurozone has slowed sharply, expanding just 0.8% year-on-year in the first quarter of 2026. Yet three economies are growing several times faster than the bloc as a whole.

Euronews

Trump in Beijing: How do the US and China compare as economic superpowers?

US President Donald Trump's visit to China this week comes as the rivalry between the world's two largest economies is increasingly shaped by economic competition, technological leadership and global influence.

The Conversation

How the U.S.‑Israel war against Iran is exposing the limits of the petrodollar system

For the first time since the Second World War, excluding the COVID-19 pandemic, public debt in the United States has surpassed the entire economy’s GDP. As of late March, debt held by the public reached US$31.27 trillion, just ahead of the GDP of US$31.22 trillion.

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