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The Latest Breaking News from Economy

China's factory activity flatlines in May casting doubt over the economy

China's manufacturing sector barely held its ground in May, with official data showing activity slipping to its weakest reading in three months as the fallout from the Iran war and entrenched domestic weakness raise fresh doubts about Beijing's growth ambitions.

Euronews

'Trust, dignity, empowerment': PM Modi celebrates six years of PM SVANidhi scheme, empowers street vendors

Prime Minister Modi on X posted, "Today we mark #6YearsofPMSVANidhi, a scheme which has transformed the lives of countless street vendors by ensuring access to collateral-free credit, financial inclusion and new opportunities for growth. This scheme is all about trust, dignity and empowerment. My best wishes to all beneficiaries whose…

The Economic Times

The Common Good Economy by Mariana Mazzucato review – how can Labour really turn things around?

It’s not enough to wish for growth; economic success requires a sense of purpose, according to this academic

The Guardian - UK

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GDP growth likely eased in January-March quarter on softer external demand

India's economic growth is projected to have eased to 7.2% in Q1 2026, as weaker external demand and industrial activity tempered strong government spending and agricultural resilience. While external shocks haven't derailed its fastest-growing major economy status, subdued private investment remains a concern. Services growth is expected to stay robust,…

The Economic Times

Global Market: Iran war sparks bond market turmoil as yields swing wildly in May

Global bond markets saw significant turbulence in May. Geopolitical tensions and inflation worries caused government borrowing costs to surge. The US Treasury market was particularly affected. However, signs of peace progress and weaker economic data later led to a bond market rally. This highlights investor sensitivity to inflation and government…

The Economic Times

South Korean shares hit record high on export surge, Nvidia optimism

South Korean stocks surged to record highs on Monday. Strong chip exports fueled the rally, boosted by hopes of AI collaborations with Nvidia. Major tech firms like Samsung Electronics saw significant gains. The won weakened against the dollar. Bond yields remained steady. This performance highlights the robust growth in South…

The Economic Times

Why PM Modi Says Every Indian Mango Has A Unique Identity

As temperatures rise, one fruit quietly takes over homes, markets, and conversations across the country mangoes. For many Indians, summer does not truly begin until the first mango arrives on the table. But have you ever wondered why a mango from Maharashtra tastes completely different from one grown in Bihar…

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Shot of hike as painkiller: India’s economic storm calls for decisive MPC action

India's economy faces a perfect storm. The rupee is at historic lows, subsidies are soaring, and fiscal deficit risks are rising. Capital outflows are accelerating, and prices are climbing. The Monetary Policy Committee meets this week. Many expect rates to stay unchanged. However, rising inflation pressures may force a rate…

The Economic Times

Raise it, regulators: A repo rate hike - 50 bps increase to 5.75 perhaps - will reduce CAD, incentivise capital flows

India's monetary policy committee faces a complex decision. Delayed economic growth data and an unknown US Federal Reserve policy create significant challenges. Inflation is rising while growth slows. The committee must navigate these uncertainties to set interest rates. The government is already taking steps to manage the economy. The committee's…

The Economic Times

‘Our success with becoming… unicorns… isn't an accident – it’s the result of a 15-year bet on digital infrastructure and talent’: The story behind how Lithuania is perfectly aligned to capitalize on an emerging space economy

Lithuania is using its strong digital infrastructure and experience to become a serious player in the emerging LEO satellite economy.

TechRadar

I wrote that Boomers were choking America’s economy. Their responses to me were revealing

"I apologize for not dying soon enough for you," one boomer wrote to me, "so your generation can pick over my financial bones."

Fortune

Trump squandered a recovering economy

In January 2025, the president was set up for success. Instead, he blew it

Salon

The disaster of Brexit is a warning against simple solutions to hard problems

Alan Milburn says youth unemployment has no quick fixes – an idea with an important lesson for those thinking about how to rejoin the EU

The Guardian - UK

Malta's Labour party wins historic fourth term in shadow of Middle East crisis

Maltese ⁠Prime Minister Robert Abela claimed a record-breaking, fourth successive general election victory for his Labour Party on Sunday after campaigning on the strength of a thriving economy and calling for a strong mandate to shield the tiny island state from the crisis in the Middle East.

France 24

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The Economic Times

Cut taxes, ease policy uncertainty for 8% growth, stronger rupee: Economist Surjit Bhalla

Economist Surjit Bhalla believes India's economy is poised for a stronger rupee. He emphasizes that policy reforms are crucial to attract investment and accelerate growth. Bhalla calls for an end to retrospective taxation and reduced taxes for foreign investors. He also advocates for agricultural trade openness and farm sector reforms.

Euronews

Economy: why Poland is booming while eastern Germany falls behind

Eastern Germany risks falling behind, economists warn, while neighbours such as Poland are booming. What sets them apart, and what does the East need to turn things around?

The Independent UK

China’s factory activity slows in May, raising questions over its economy

China has reported that its manufacturing activity has slowed in May

AAP

China's factory activity slows in May, raising questions over its economy

China has reported that its manufacturing activity has slowed in May

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news in one place.

100's of premium titles.
One news app.

The Economic Times

Onion farmers seek Rs 10,000 crore revival package, stable export policy from Centre

Maharashtra onion farmers are facing a severe financial crisis. They are urging the central government for a special Rs 10,000 crore revival package. Farmers have suffered significant losses due to export bans, price crashes, and natural calamities. The association seeks direct financial assistance and policy changes to support growers and…

Bangkok Post

Ministry's AI project faces heat

The Democrat Party has called on the Ministry of Digital Economy and Society (DES) to review its proposed TH-AI Passport project, citing concerns over transparency, procurement practices and value for money.

The Economic Times

Digital payments, mobile economy have significant room for expansion; no slowdown in transaction growth: Paytm CEO

India's digital economy is set for major growth. Technological innovation and increasing consumer trust will drive expansion. Artificial intelligence will accelerate this progress. Digital payments and mobile transactions are expected to see a significant increase. Indian consumers are rewarding strong products and innovation. The nation's economy remains resilient due to…

The Economic Times

Indian Navy's posture during Op Sindoor dented Pakistan's maritime economy: Admiral Dinesh K Tripathi

Indian Navy Chief Admiral Dinesh K Tripathi highlighted an unprecedented operational tempo in 2025, clocking nearly 11,000 ship days and over 50,000 flying hours. Operation Sindoor showcased combat readiness and deterrence, forcing Pakistan Navy confinement. Tri-service synergy and multi-domain exercises like TROPEX-2025 underscored enhanced capabilities and regional security efforts.

The Guardian - UK

‘I want my life back’: drugs shortages lay bare economic impact of diamond crash in Botswana

Healthcare should be free but lack of essential supplies has led to patients being told to buy their own medicines

The Guardian - UK

Victims of sexual offences denied justice for sake of child perpetrators, says Jess Phillips

Former safeguarding minister calls for sentencing guidelines review and fears crime now seen as ‘content for an eyeball economy’

Fortune

The AI economy could crash on mounting chip costs — and those token costs won't help

Soaring GPU prices, debt-funded chip deals and an agentic token explosion — the cost of the hardware and compute powering AI could be what breaks it.

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