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US inflation rises less than expected in August; consumer spending surgesUS inflation rose less than expected in August, with the PCE price index increasing 0.3% month-on-month and 2.6% year-on-year. Core PCE ros...- US economy picks up pace, grows 2.2% as consumer spending, AI investment surgeThe US economy grew at a 2.2% annual pace in the second quarter, up from the government’s earlier 1.5% estimate, as consumer spending and b...
- Global Market: Euro under pressure from energy shock and political risksThe euro has fallen nearly 2% in September as energy prices, political uncertainty and a stronger dollar weigh on the currency. Concerns ov...
- Global Market: China factory activity returns to growth in September as AI boom supports industrial sectorChina’s factory activity returned to growth in September, with the official manufacturing PMI rising above the expansion threshold. Strong ...
- US Market: Fed’s Barr backs further rate hikes as inflation risks remain elevatedFederal Reserve Governor Michael Barr said elevated energy prices and AI-driven investment are complicating progress toward the 2% inflatio...
- China factory activity returns to growth in September as AI boom supports industryChina's manufacturing sector showed signs of recovery with a manufacturing purchasing managers' index of 50.1 in September. This marks an i...
- India a 'bright spot' amid uncertainty: Shaktikanta DasIndia recorded average annual real GDP growth of 7.9% between 2021-22 and 2025-26, while growth in the first quarter of 2026-27 stood at 7....
- YouTube ecosystem adds over Rs 18,000 crore to India's GDP, supports 9.6 lakh jobs in 2025The findings point to a significant shift in India's digital creator landscape, where independent content creators are increasingly evolvin...
- India’s new services speedometer flashes green across 17 sectorsIndex of Services Production: In July, India's services sector experienced significant growth, with 17 of 19 sub-sectors reporting year-on-...
- Indian economy strong but needs to cut dependence on energy imports, PMO official saysIndia's economy is reportedly stable despite ongoing global uncertainties and tensions affecting many countries. Domestic demand is a signi...
- 66 airports under development, India seeks connectivity opportunities with 115 airlines, 55 countries: NaiduUnion Civil Aviation Minister Ram Mohan Naidu noted that 66 airports are under development to enhance aviation connectivity. India's next p...
- Global Market: Eurozone bond selloff pauses, yields stay near multi-year highsEurozone government bond yields eased after a sharp selloff pushed borrowing costs to multi-year highs. Investors remained focused on eleva...
- India's IIP growth may remain in single digits despite festive demand as weak monsoon, global risks weigh: ReportIndia's industrial production growth may stay in single digits in the upcoming months as several economic challenges persist. Festive deman...
- FASTag Annual Pass crosses one crore markLaunched on August 15, 2025, the annual pass is applicable across 1,150 fee plazas, It eliminates the need to frequently recharge FASTag th...
- US Market: Fed's Hammack warns against inflation becoming entrenched in economyFederal Reserve Bank of Cleveland President Beth Hammack warned that persistently high inflation could entrench elevated price expectations...
- HSBC expects RBI to raise repo rate by 50 bps in FY27 amid strong growth, inflation pressuresIndia's GDP growth in the second quarter of FY26 surpassed the Reserve Bank of India's forecast of 7 percent. The growth prompted forecasts...
- Hyperscaler cloud revenues projected to top $1 trillion by 2030 amid AI, digital asset convergence: ReportHyperscaler cloud revenues could exceed $1 trillion annually by 2030, driven by expanding demand for computing resources required to train ...
- Global Market: Eurozone bond selloff eases as yields remain near multi-year highsEurozone government bond yields remain near multi-year highs as resilient economic activity and elevated oil prices fuel expectations of fu...
- Global Market: BoE's Lombardelli says rates may need to rise if energy prices stay highBank of England Deputy Governor Clare Lombardelli said UK interest rates may need to rise if elevated energy prices persist and fuel broade...
- Global Market: UK business growth cools as inflation pressures build in SeptemberBritish business activity weakened in September, with the services PMI falling to a three-month low while inflationary pressures intensifie...
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