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EY ECONOMY WATCH MAY EDITION
June GST collections 13.9% to ₹1.95 lakh croreIndia's GST revenue surged 13.9% to ₹1.95 lakh crore in June, driven by a significant 34.6% jump in import tax collections. While domestic ...01 Jul, 2026, 12.50 PM IST- AI driving credit risk, may threaten jobs and tax revenues in developed economies: FitchFitch Ratings highlights AI and massive digital infrastructure spending as significant global credit risks. While AI promises efficiency, i...01 Jul, 2026, 09.20 AM IST
- Psychology says people who keep scrolling on phones while watching TV aren't simply bored: What this behavior may revealPsychology says people who keep scrolling on phones while watching TV aren't always distracted without reason. Psychology links this habit ...01 Jul, 2026, 01.02 AM IST
- Why is Dow Jones down while S&P 500 and Nasdaq up today, and will US stock market continue to witness mixed trends? Explained as Wall Street ends winning half of 2026 with mixed openingWall Street opened with mixed performance on the final trading day of the first half of 2026. While the Dow Jones slipped, the S&P 500 and ...30 Jun, 2026, 09.38 PM IST
- FIFA World Cup 2026 Round of 32: All eyes on France and Norway as race to Round of 16 heats up after Germany and Netherland's shocking exitThe FIFA World Cup 2026 is witnessing shocking upsets as Germany and the Netherlands are out after penalty shootout losses. Day 3 of the Ro...30 Jun, 2026, 10.44 AM IST
- Obsession OTT release date and platform confirmed: When and where to watch Michael Johnston, Inde Navarrette’s highest-grossing horror movie in IndiaThe highest-grossing film of 2026, Obsession, is set for its digital premiere in India. This psychological horror thriller, made on a shoes...30 Jun, 2026, 10.32 AM IST
- Euro zone 10-year yields near three-month lows at start of busy weekBond yields in the Euro zone are at their lowest since early March, a welcome development for central bankers meeting at the ECB's Sintra F...29 Jun, 2026, 01.13 PM IST
- Petroleum vulnerability rising, India must build crude buffers and cut import dependence, EY cautionsIndia faces mounting vulnerability due to its soaring dependence on imported crude oil, now exceeding 90%. A recent EY report urges augment...28 Jun, 2026, 08.58 AM IST
- India's higher nominal GDP growth may help contain fiscal pressures despite global risks: EYIndia's fiscal deficit is expected to remain under control in FY27, thanks to robust nominal GDP growth driven by higher inflation, accordi...27 Jun, 2026, 04.56 PM IST
- GTA VI pre-orders: PS5 startup screen takeover, release date, price and physical edition explainedPlayStation is rolling out its most extensive console promotion for Grand Theft Auto VI as pre-orders begin. The game now features a custom...27 Jun, 2026, 09.11 AM IST
- ICC Women's T20 WC: Shafali, Charani shine as India beat Bangladesh to keep semis hopes aliveWith this win, India is in second place in Group A with three wins and a loss, giving them six points, below Australia, who have won all fo...25 Jun, 2026, 11.15 PM IST
- US inflation tops 4% for first time in three years, keeping Fed hike in playUS inflation climbed to 4.1% in May, driven by rising energy prices, keeping the Federal Reserve's interest rate hike plans on the table fo...25 Jun, 2026, 09.21 PM IST
- Big Six tighten grip on India's audit market despite mandatory rotationDespite mandatory auditor rotation, India's largest audit firms are consolidating their dominance, auditing 66% of Nifty 500 companies. Gra...25 Jun, 2026, 05.30 AM IST
- RBI in wait-and-watch mode despite easing West Asia risks: Sanjay MalhotraDespite easing West Asian tensions, the RBI remains cautious, with Governor Sanjay Malhotra emphasizing data dependency over pre-set intere...24 Jun, 2026, 02.06 PM IST
- Delhi HC rules EY US secondment fees taxable in India, MNCs face higher costs for foreign talentMultinational corporations in India face a new tax challenge following a High Court ruling against EY US. The court determined that payment...20 Jun, 2026, 01.02 AM IST
- GenAI can add $14-17 billion to India's real estate economy: ReportConsultancy firm EY-Parthenon and realtors' apex body CREDAI, in its report 'GenAI in Indian real estate - Scaling the next frontier of inn...18 Jun, 2026, 07.40 PM IST
- Live sports score big, keep fans glued across big & small screensIndia's sports viewership is rapidly shifting to multiple platforms. Major events like the FIFA World Cup and IPL are drawing huge crowds o...16 Jun, 2026, 08.08 PM IST
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