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REAL GDP GROWTH 7 PERCENT
IMF lowers 2026 global growth outlook to 3%, projects 3.4% growth in 2027The International Monetary Fund has adjusted its global growth prediction for 2026, reflecting the adverse effects of warfare and rapid tec...
US wholesale inventories in May revised lowerBusiness inventories have been drawn down for four straight quarters. Economists expect the rebuilding of inventories will blunt some of th...
IMF lowers India’s FY27 growth outlook, retains status as fastest-growing economyThe IMF projects India's FY27 growth at 6.4 percent, remaining a leading global economy. Strong private consumption and services activity s...
IMF sees India among fastest-growing major economies despite trimming FY27 GDP growth projection to 6.4%India's economy is anticipated to expand by 6.4 percent in fiscal year 2026-27, bolstered by strong private consumption and active service ...
AI boom drives intangible investment to record level: UNGlobal intangible asset investments reached over $10 trillion in 2025. This growth significantly outpaced tangible investments over recent ...
General insurers clock 16.7% premium growthThe general insurance sector saw a 16.7% premium income rise in June. Standalone health insurers led this growth with a 31% increase. First...
US trade deficit widens sharply in May as capital goods imports hit record highThe United States trade deficit significantly widened in May. Imports of capital goods reached a record high, driven by artificial intellig...
FIFA World Cup drives prediction market to record high; sports volumes may hit $740 billion by 2030, says Binance ResearchThe 2026 FIFA World Cup became the largest prediction market event, generating over $5.4 billion in trading volume. Expanded participation,...
25% chance of Sensex hitting 1 lakh in next 1 year: Morgan Stanley's Ridham DesaiMorgan Stanley's Ridham Desai sees a 25% chance of the Sensex touching 1 lakh within the next year, driven by stronger earnings and improvi...
FIFA World Cup’s hidden scorecard: What fans don’t see, economics doesFIFA World Cup 2026 is a fascinating economic case study, revealing how football markets mirror financial ones. Dynamic ticket pricing, dri...
Portugal in the 20th century planted millions of Australian eucalyptus trees for the paper industry, but scientists now say the country's forests are more fire-prone and far less biodiverse than native woodlandsPortugal's widespread eucalyptus plantations, established for industry, are now fueling devastating wildfires. These fast-growing trees, im...
Trump says 'ridiculous' for US to maintain current support for NATOPresident Trump has labelled the US relationship with NATO as "ridiculous" and "one sided," asserting that allies have not reciprocated Ame...
Automobiles biggest driver of India's export growth to Japan: ReportIndia's automotive exports to Japan have surged, becoming the primary growth engine and now representing 13% of shipments by FY26, up from ...
Bank credit to industry grows at robust 17.5% in May: RBIIndian banks witnessed a significant surge in credit to industries, with a robust 17.5% annual growth in May. This expansion was driven by ...
UK's Starmer unveils £15 bln defence increase in long-delayed investment planPrime Minister Keir Starmer has unveiled a £15 billion Defence Investment Plan, aiming to bolster Britain's military for future conflicts. ...
Global Market: Japan govt urges BOJ policy coordination as it targets faster economic growthJapan is aiming for over 1% real economic growth annually, a significant jump from its recent average. This ambitious plan, detailed in a d...
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...
India well-poised for rapid growth despite risks from West Asia war and El Nino: ITCDespite facing geopolitical instability and weather-related challenges, India's economy is expected to grow robustly at 6.9% in FY27. This ...
Goldman Sachs upgrades India's growth outlook after US-Iran peace dealGoldman Sachs has raised India's 2026 real GDP growth forecast to 6.8% from 6.5%, citing lower oil prices, easing supply disruptions and re...
Global Market: US revises 2026 first-quarter GDP growth up to 2.1%The US economy showed stronger growth than initially thought in the first quarter, reaching an annual rate of 2.1 percent. This upward revi...