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ECONOMIC SURVEY 2024
Higher gasoline prices likely pushed up US consumer inflation again in MayMay is poised to bring a notable rise in consumer prices across the United States, signaling the steepest hike in three years. Fueled by es...
Trump suddenly finds himself in a perfect storm. Can he survive it?Trump faces mounting challenges this summer, including legal setbacks, weak approval ratings and public anxiety over inflation and fuel pri...
What's brewing? FinMin seeks gold lending info from banksIn a communique to banks on Friday evening, the Department of Financial Services sought data on value and quantity of gold metal loans (GML...
Indian industry invests CAD 11 billion in Canada, generates over 33,000 jobs: reportIndian companies have invested close to CAD 11 billion in Canada. These investments span various sectors, creating over 33,000 jobs. Indian...
US-Iran war: Trump explains why Tehran deal is taking time, says Hormuz blockade costs Iran $500M a dayUS President Donald Trump believes a new Iran deal will take time. He defends his negotiation strategy and sees no immediate troop withdraw...
War, debt and cuts: The price of Israel's security pushIsrael faces a steep economic challenge. A massive defence budget, driven by ongoing conflicts and Netanyahu's vision for a militarised nat...
Over 27% Indian households remain offline despite 95% mobile penetration: ReportIndia has achieved widespread mobile phone ownership. However, a significant digital divide persists. More than a quarter of Indian homes l...
Clean energy sector to add over 44 lakh jobs by 2030: StudyIndia's clean energy sector is set to generate over 44 lakh jobs by 2030. Rooftop solar will be the biggest job creator, accounting for nea...
Financial fixes and high-yield savings: Are you missing the easiest ways to save more and spend less?More than half of savers still earn under 3% interest, while many households lose around $200 yearly on unused subscriptions. These financi...
Global Market: China's services sector growth hits three-month high in May, demand improvesChina's services sector experienced its fastest growth in three months during May, driven by robust domestic demand and a rebound in overse...
US job openings climbed to 7.6 million in April despite economic fallout from the Iran warAmerican job openings saw a significant rise in April, reaching 7.6 million. This indicates a strong labor market despite global economic c...
Is India winning the wrong battle on infant mortality?India's infant mortality rate has significantly dropped to 24 deaths per 1,000 live births in 2024. This progress is largely due to a surge...
DK Shivakumar's first big test as Karnataka CM: Giving nod to Adani Enterprises Ltd road projectKarnataka Chief Minister DK Shivakumar faces a significant political challenge. His approval of Adani Enterprises' bid for a major tunnel r...
India may have found a new export tailwindIndia's weakening rupee is boosting export competitiveness. This adjustment helps Indian goods and services become more affordable globally...
US inflation hits three-year high in April as Iran war fuels energy price surgeAmerica's inflation rate has reached a three-year peak. Higher energy costs are a major factor. This situation is expected to keep interest...
India may cheer an Iran deal, but peace in Hormuz won’t refill its emptying economic tankThe economic horizon of India is clouded by a dual predicament characterized by a lack of financial resources and innovative ideas. While r...
WeWork CEO John Santora's warning to senior leaders on Gen Z: 'AI is not going to provide empathy, leadership, and mentoring.'Young professionals face a tough job market, with AI's rise causing anxiety. However, experts suggest this is a cyclical shift, not an AI-d...
Angst over rising cost of living pushes US consumer sentiment to record lowUS consumer sentiment fell to a record low in May as rising gasoline prices driven by the Iran war intensified cost-of-living pressures. In...
High hopes dashed: UK cost-of-living woes snare PM StarmerBritons are unhappy with Prime Minister Keir Starmer's government. Cost of living worries are high. Economic problems persist since 2008. R...
US jobless aid filings fell to 209,000 last week as layoffs remain low despite economic uncertaintyJobless claims saw a dip last week, indicating continued low layoffs. However, the economy faces significant challenges. The Iran war has d...