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ECONOMIST GROUP RESEARCH
Gas at $4: Americans cut back on discretionary spends as fuel bills mountAmericans are adjusting their spending as fuel prices climb. Shoppers are altering routines, visiting discount stores for gas, and cutting ...
AI fever spreads, but are markets masking economic cracks?Investors are pouring money into Artificial Intelligence, even as economic worries grow. SpaceX's massive IPO signals strong AI interest. C...
RBI's inflation forecast signals 1-2 rate hikes in coming months: ExpertsExperts anticipate one to two rate hikes in the coming months following the RBI's increased inflation forecast, despite keeping the policy ...
RBI MPC: A challenge Shaktikanta Das contained may be resurfacing againIndia's central bank, the RBI, confronts a new inflation challenge. Rising oil prices and supply disruptions threaten to undo recent progre...
India names Neelkanth Mishra as executive director at World BankEconomist Neelkanth Mishra has been appointed as India's executive director at the World Bank Group, succeeding Parameswaran Iyer. Mishra, ...
Global firms exploit India's IPO boom to take profits back to home countriesForeign companies are listing their Indian units to send billions of dollars back home. These are mostly secondary offerings, not for raisi...
India industrial output grows 4.9% in April as new IIP series shows manufacturing-led recoveryApril marked a significant milestone for India's industrial landscape, showcasing a 4.9% increase in production. The manufacturing sector w...
ET Alpha Wealth Summit: Mapping the road to India’s next growth waveIndia's strong economic growth faces scrutiny as global conditions remain uncertain. The ET Alpha Wealth Summit on June 4 in Mumbai will fe...
Dollar crashes against major currencies: Why is USD rate down today?U.S. dollar index fell about 0.3 per cent to 98.969. Euro rose 0.40 per cent to $1.1649 and the British pound gained 0.55 per cent to $1.35...
Screen-shunning parents turn to audio toysParents are increasingly choosing audio-only gadgets for their children, moving away from excessive screen time. Devices like Yoto and Toni...
PSBs told to draw up plan to boost rural and informal sector lendingGovernment directs state-run banks to identify successful initiatives for wider adoption. The focus will be on lending to unorganised secto...
India's cooking fuel shortage is driving up California's gas pricesIndia's cooking gas shortage, driven by the Strait of Hormuz closure, forces refiners to cut alkylate production. This directly impacts Cal...
Petrol, diesel price hike may trigger chain reaction across economy, say expertsRising petrol and diesel prices are poised to escalate India's retail inflation, with economists forecasting a significant ripple effect on...
A Rs 3 hike makes India’s inflation battle somewhat harderIndian Oil Marketing Companies have increased petrol and diesel prices by Rs 3 per litre each, and CNG by Rs 2/kg, following daily losses o...
Wholesale inflation hits 42-month high of 8.3% in AprilIndia's wholesale inflation reached an 8.3% peak in April, a 42-month high. Rising fuel, power, and crude oil prices fueled this surge. Exp...
Anthropic overtakes OpenAI in enterprise artificial intelligence raceNew data reveals Anthropic has surpassed OpenAI in enterprise AI spending, with 34.4% of surveyed companies paying for its products in Apri...
Quote of the day by Thomas Piketty: “Refusing to deal with numbers rarely serves the interests of the...” Lesson on money, rising inequality, and why numbers reveal the truth — The modern Marx and writer of Capital in the Twenty-First Century, explains why ignoring economic reality hurts ordinary people the mostQuote of the day: Thomas Piketty warns that ignoring economic data often harms poor and middle-class families the most. In today’s world of...