economic growth

US Job Openings Rise to Nearly 7 Million in January, Signaling Mixed Signals in Labor Market Job Openings Increase Despite Signs of Hiring Slowdown Job openings in the United States rose to nearly 7 million in January, surpassing market expectations even as the broader labor market continues to...

Fed’s Key Inflation Gauge Rises in January as Core Prices Hit Nearly Two-Year High The Federal Reserve’s preferred inflation gauge showed persistent price pressures in January, even before geopolitical tensions triggered a sharp surge in global energy costs.Data released by the U.S. Commerce...

South Korea’s Per Capita Income Rises Slightly in 2025 as Weak Won Limits Dollar Gains Per Capita GNI Stays in the $36,000 Range South Korea’s per capita income recorded only marginal growth in 2025, as the depreciation of the Korean won against the US dollar offset stronger gains in local...

Exports Support Annual Growth but Economy Shrinks in Final Quarter South Korea’s economy expanded by 1 percent in 2025, supported largely by strong export performance, although the country recorded negative growth in the final quarter of the year, according to data released by the Bank of Korea...

Iran's Leadership Transition Sparks Concerns for China's Strategy Global Attention Focuses on Iran's Future Leadership The death of Iran’s Supreme Leader, Ayatollah Ali Khamenei, has created uncertainty regarding the country's leadership, drawing global attention and prompting analysts to debate...

Punjab Budget 2026-27: Harpal Singh Cheema Presents ₹2.60 Lakh Crore Plan, Says All Promises to People Fulfilled Punjab Government Unveils ₹2,60,437 Crore Budget Ahead of 2027 Polls Chandigarh, March 8: Punjab Finance Minister Harpal Singh Cheema on Sunday presented the state budget for the...

AI Could Add Up to $149.9 Billion in Value for Manufacturing MSMEs by 2035: PwC India-ORF Report New Delhi, Saturday, March 7: Artificial intelligence is set to play a significant role in transforming India’s manufacturing sector, with the potential to add between $135.6 billion and $149.9...

India’s Billionaire Count Rises to 308 in 2026, Wealth Surges to ₹112.6 Trillion: Hurun Report India Ranks Third Globally in Number of Billionaires India now has 308 billionaires, an increase of 24 individuals from last year, according to the Hurun Global Rich List 2026 released on Saturday. The...

China Lowers GDP Target to 4.5% to 5% Amid Trade Tensions and Domestic Economic Pressures Beijing, March 5: China has lowered its gross domestic product growth target to a range of 4.5 percent to 5 percent for the current year, citing escalating global uncertainties, trade tariff tensions with...

India’s Real GDP Growth Estimated at 7.6% in FY 2025-26; Statistical System Undergoes Major Modernisation New Delhi, February 28: India’s real GDP is now estimated to grow by 7.6 per cent in FY 2025-26, signalling strong and sustained economic expansion, according to an official statement. The...

EY Projects 6.8–7.2% Real GDP Growth for FY27 India’s real GDP is projected to grow between 6.8 per cent and 7.2 per cent in FY27, according to the latest EY Economy Watch report released on Thursday.EY India Chief Policy Advisor D K Srivastava said that India’s medium-term growth prospects...

Bank of Korea Maintains Benchmark Rate for Sixth Straight MeetingSeoul, February 26: The Bank of Korea kept its benchmark interest rate unchanged at 2.5 percent on Thursday, signaling a cautious approach as policymakers balance stronger economic growth with mounting financial stability...

Mumbai, February 24: The Indian economy is now defined by high, stable, and accelerating growth supported by predictable economic outcomes, according to Poonam Gupta, Deputy Governor of the Reserve Bank of India.Delivering the 14th Foundation Day Lecture at the Centre for Development Studies...

India GDP Growth Seen Near 8.1% in Q3 FY26 Under Revised Base Year 2022-23 New Delhi, February 24: India’s economy is projected to expand by close to 8.1 per cent in the September to December quarter of FY26, according to a report released on Tuesday under the revised GDP series with 2022-23 as...

Major Boost to Aviation Infrastructure in Kashmir Valley New Delhi, February 24: The Union Cabinet on Tuesday approved the expansion of the civil enclave at Srinagar International Airport at an estimated cost of Rs 1,677 crore, marking a significant step towards strengthening aviation...

Strong Domestic Demand Keeps Growth Momentum Intact New Delhi, February 24: India’s gross domestic product growth for the third quarter of FY26 is projected to be in the range of 8 to 8.1 percent, according to a report released by SBI Research on Tuesday. The report highlights that the domestic...

Sri Lanka’s AI Future Linked to Regional Partnership New Delhi, February 23: Sri Lanka’s path to participating in the global artificial intelligence race lies in partnering with a fast-growing nation, with India emerging as the most viable option, according to an article published in the Colombo...

Central Capex Declines Sharply in Third Quarter New Delhi, February 22: India’s capital expenditure recorded a sharp year-on-year contraction of 23.4 per cent in the third quarter of FY2025-26, according to data compiled by ICRA.The slowdown in Central government spending is expected to...

GST Rate Cut, Infrastructure Push to Drive Sector Momentum New Delhi, February 22: India’s two wheeler industry is poised for sustained long term expansion, with growth potential of 8 to 9 percent CAGR, according to TVS Motor Company CEO KN Radhakrishnan.Speaking about the sector’s outlook...

India Positioned as Beacon of Stability in Uncertain Times Mumbai, February 17: Prime Minister Narendra Modi has said that India has evolved into a confident and credible voice of the Global South, actively shaping global conversations and contributing to a more balanced and inclusive world...