Ifo Institute lowers Germany's 2026 GDP growth forecast to 1.3% from 1.5%, citing ongoing negative impacts from US tariffs. Q3 2025 growth is projected at 0.1%, with a rebound to 1...
The government's proposed two-slab GST structure aims to balance central and state revenues, promising enhanced consumption and tax collections. With equal revenue sharing and addi...
India's sovereign credit rating upgrade by S&P Global Ratings is seen as a positive step, but experts like Sanjeev Sanyal argue the country's economic strength is still underrated....
US retail and food services sales rose by 0.5% in July, reaching $726.3 billion, a 3.9% increase from last year. The quarter ending in July also saw a 3.9% growth, with nonstore re...
US business inventories rose by 0.2% in June, reaching $2,660.3 billion, with a 1.6% annual increase. Trade sales and shipments also grew, indicating strong economic activity. The ...
Japan's industrial production index increased by 2.1% in June, exceeding expectations with a 4.4% year-on-year growth. Shipments slightly declined month-on-month but rose annually,...
China's retail sales grew by 3.7% year-on-year in July, missing expectations and slowing from June's 4.8% increase. Urban areas grew by 3.6%, while rural areas saw a 3.9% rise.
President Donald Trump announces a 'perfect' inflation rate, citing economic growth with low inflation, decreased gasoline prices, and record-high stock markets as key achievements...
The UK's industrial production rose by 0.7% in June, with electricity and gas leading the growth. However, a quarterly comparison shows a slight decline, highlighting mixed economi...
S&P Global upgrades India's credit rating to 'BBB' with a stable outlook, citing policy consistency and infrastructure investments as key growth drivers. Despite Trump's tariff thr...
Russia's economy demonstrated resilience with a 1.1% year-on-year GDP growth in Q2 2025, according to Rosstat's preliminary estimates. More insights into the sectors contributing t...
GE Appliances announces a $3 billion investment to expand US manufacturing, create 1,000 jobs, and modernize plants in several states, reinforcing its commitment to American manufa...
James Bullard, a top candidate for Fed chair, discusses his readiness for the role, his focus on low inflation, and predicts upcoming rate cuts, emphasizing the Fed's independence ...
The Korea Development Institute maintains its 2025 economic growth forecast for South Korea at 0.8%, citing a construction investment slump despite upward revisions in consumption ...
The Thai government is proposing to extend real estate lease terms from 30 to 99 years to attract global investors and skilled professionals, aiming to boost the economy and combat...
South Korea and Vietnam aim to boost their trade to $150 billion by 2030, focusing on future industries like AI and nuclear power. President Lee Jae-myung emphasizes the strategic ...
Malaysia Airlines views India as a crucial market for growth, focusing on increasing flight frequency and connectivity without domestic joint ventures. With plans to expand operati...
Malaysia Airlines Berhad, under Captain Izham bin Ismail, has designated India as its top market, focusing on expanding flights and exploring non-metro cities due to India's econom...
US wholesale inventories grew slightly by 0.1% in June, totaling $906.3 billion, with sales up 0.3% from May. The inventory-to-sales ratio improved, showing efficient management.
India's merchandise imports are set to grow at more than double the pace of exports in FY26, according to RBI's latest survey. The trade imbalance could affect the country's extern...
The Bank of Korea defends its call for structural reforms, arguing they are crucial for effective monetary policy amidst criticism of overreach. The BOK highlights the impact of ag...
Syria signs 12 investment deals worth $14 billion, focusing on infrastructure and commercial development, marking a new phase in the country's reconstruction and growth.
Vietnam is on track to launch an International Financial Center by 2025, aiming to attract global capital and technology. The government is developing a legal framework and infrast...
The Indian services sector hit an 11-month high in July, driven by strong global demand and robust domestic activity. The HSBC India Services PMI index slightly increased to 60.5, ...
The US service sector's growth slowed slightly in July, with the PMI at 50.1%, still in expansion. Key indexes showed mixed movements, while employment continued to contract.
The US Composite PMI rose to 55.1 in July, exceeding expectations and indicating strong economic growth. The service sector's performance was particularly notable, reaching a seven...
Morgan Stanley's analysis forecasts India's emergence as a global economic powerhouse, driven by credit growth, consumer demand, and macro tailwinds, with potential risks from oil ...
Germany's private sector activity showed signs of recovery in July, with the Composite PMI Output Index revised to 50.6, indicating a four-month high. The Services PMI also improve...
The Eurozone's services sector activity reached a four-month high in July, with PMI indices showing growth. Inflation trends suggest potential ECB rate cuts, despite concerns over ...
The US tariff rate on Indian goods has jumped to 20.7% in 2025 from 2.4% in 2024, raising concerns over India's economic growth and manufacturing ambitions amid escalating trade te...
South Korea's Ministry of Economy and Finance aims for a 1% growth rate, exceeding global forecasts through fiscal and regulatory reforms. Challenges include overcompetitive market...
China's service sector showed remarkable growth in July, with the PMI reaching 52.6, indicating a significant recovery and the fastest growth pace in over a year, according to S&am...
