Articles for Economy

Sanjaya Baru | Budget 2025: Taking India’s economy from good to great
20 hours, 2 minutes ago

Sanjaya Baru | Budget 2025: Taking India’s economy from good to great

Deccan Chronicle  

Even as most taxpayers will be busy this coming week making plans for the year-end and the New Year, Union finance minister Nirmala Sitharaman and her colleagues will be pouring over numbers and cogitating over ideas finalising the Budget statement and speech scheduled for February 1. National accounts data for the past decade reveal that total private final consumption expenditure, …

Finance India Economy Growth Budget Speech Minister
Govt Institutions Should Not Mirror Gig Economy Trends By Misusing Temporary Employment Contracts: Supreme Court
1 day, 10 hours ago

Govt Institutions Should Not Mirror Gig Economy Trends By Misusing Temporary Employment Contracts: Supreme Court

Live Law  

The rise of the gig economy in the private sector has led to an increase in precarious employment arrangements, observed the Supreme Court in a recent judgment while advising the government departments from misusing the practice of engaging temporary workers. The judgment authored by Justice Nath observed : "The pervasive misuse of temporary employment contracts, as exemplified in this case, …

Employment Security Justice Supreme Court Judgment Court Workers
Column: Trump’s promised deportations are on a collision course with a California economy built on hypocrisy
1 day, 15 hours ago

Column: Trump’s promised deportations are on a collision course with a California economy built on hypocrisy

LA Times  

This country has always had a hypocritical relationship with the undocumented workers who keep America’s agricultural, construction and hospitality industries humming. Can’t get more essential than that.” In the mid-1980s, when he managed cantaloupe fields, federal government pilots would fly small planes over the state’s cropland looking for large crews of workers, he recalled. The pilots would radio information about …

Immigration Work Border Patrol Workers Country Del This Country
BORIS JOHNSON: Hapless Starmer and Reeves are doing for Britain's economy what Harold Shipman did for gerontology. But at least young voters are learning about the Doom Loop of Socialism
2 days, 22 hours ago

BORIS JOHNSON: Hapless Starmer and Reeves are doing for Britain's economy what Harold Shipman did for gerontology. But at least young voters are learning about the Doom Loop of Socialism

Daily Mail  

I have been struggling all morning to find reasons to be cheerful. Prime Minister Sir Keir Starmer and Chancellor Rachel Reeves are the very people who are meant to be promoting growth, but they are in fact destroying it, writes Boris Johnson These Labour goons have a vast majority. Many young people don't even remember Tony Blair and Gordon Brown, …

Business Economy Growth Tax Labour Interest Rates Young
Trump was poised to inherit a strong economy. Then things got rocky and he added to the uncertainty
3 days, 3 hours ago

Trump was poised to inherit a strong economy. Then things got rocky and he added to the uncertainty

Associated Press  

▶ Follow live updates on federal funding negotiations as a government shutdown looms. Trump vowed on social media Wednesday to “fight ’till the end” unless Democrats agreed to lift the debt ceiling as a condition for the short-term funding to keep the federal government open. By Thursday, Trump was claiming on social media that a new deal reached among Republicans …

Social Media Economy Inflation Trump Democrats Republican House
Russia’s central bank holds off on interest rate hike amid friction between inflation, war spending
3 days, 3 hours ago

Russia’s central bank holds off on interest rate hike amid friction between inflation, war spending

Associated Press  

Russia’s central bank has left its benchmark interest rate at a record 21%, holding off on further increases despite high consumer inflation fueled by the Kremlin’s war against Ukraine. The central bank held open the possibility of an increase at its next meeting and said inflation was expected to fall to an annual 4% next year from its current 9.5%. …

Europe Russia Inflation Bank Central Putin Russian
QUENTIN LETTS: Sadly Keir's joke about the Budget perking up the economy didn't get the long laugh it richly deserved
3 days, 13 hours ago

QUENTIN LETTS: Sadly Keir's joke about the Budget perking up the economy didn't get the long laugh it richly deserved

Daily Mail  

His poll ratings are diving like a guillemot and the economy has stalled at the traffic lights but Sir Keir Starmer could not have been more delighted with himself. For Starmer KC, it seems, life’s ambition was to sit opposite the prosaic boobies of the liaison committee and be quizzed on the grinding minutiae of his government’s ‘delivery’. Prime Minister …

Budget Committee Keir Sir Keir Sir Quentin Letts Dhesi
Key role seen for Hengqin in diversifying SAR economy
Trending News
3 days, 15 hours ago

Key role seen for Hengqin in diversifying SAR economy

China Daily  

President Xi Jinping, also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, talks with Macao residents living in Hengqin during an inspection of the Guangdong-Macao In-Depth Cooperation Zone in Hengqin, located at the southern tip of Zhuhai in Guangdong province, Dec 19, 2024. President Xi Jinping has highlighted the key role …

Central Guangdong Macao Sar Hengqin
How green skills are redefining corporate roles in a sustainable economy
3 days, 15 hours ago

How green skills are redefining corporate roles in a sustainable economy

India Today  

As the global climate crisis accelerates, sustainability is no longer a niche agenda for businesses; it has become central to strategy, operations, and growth. From renewable energy solutions to circular economy innovations, green skills are reshaping corporate roles across industries, making them critical for both organisations and employees to thrive in a fast-paced economy. A 2023 report by the International …

Energy Roles Green Skills Sustainable Economy Corporate Roles
Key role seen for Hengqin in diversifying SAR economy
3 days, 15 hours ago

Key role seen for Hengqin in diversifying SAR economy

China Daily  

President Xi Jinping, also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, speaks with individuals involved in the Guangdong-Macao In-Depth Cooperation Zone's planning, construction, management and services, in Hengqin, located at the southern tip of Zhuhai in Guangdong province, Dec 19, 2024. Zhai Zhiran, a doctoral student at Macau University of …

Young People Guangdong Macao Hengqin
Draining pond to get all fish is not the correct way for development
Trending News
3 days, 15 hours ago

Draining pond to get all fish is not the correct way for development

China Daily  

Chinese Premier Li Qiang presides over a study session held by the State Council on Dec 16, 2024. In the latest example of this, Premier Li Qiang presided over a special study session of the State Council, China's Cabinet, on Monday, focused on how to further improve the standards and norms of administrative law enforcement, and tighten its procedures while …

Law Local Enforcement Li
Expanding high-level opening-up benefits China and world
Trending News
3 days, 15 hours ago

Expanding high-level opening-up benefits China and world

China Daily  

The National Immigration Administration announced on Tuesday that as of that day it would relax and optimize the transit visa-free policy, extending the stay period of foreigners with transit visa-free status from the original 72 hours or 144 hours to 240 hours. As the world's second-largest economy, China is committed to promoting economic globalization and international cooperation through unilateral opening-up, …

China Unilateral
Draining pond to get all fish is not the correct way for development
Trending News
3 days, 15 hours ago

Draining pond to get all fish is not the correct way for development

China Daily  

The Chinese government knows full well that the rule of law is the key to promoting good governance and the healthy functioning of the economy and society. That is why it has spared no effort to standardize administrative law enforcement across the board to create a better business environment. In the latest example of this, Premier Li Qiang presided over …

Law Local Enforcement Draining Pond
Expanding high-level opening-up benefits China and world
Trending News
3 days, 15 hours ago

Expanding high-level opening-up benefits China and world

China Daily  

A traveler from Poland takes photos at the Yuyuan shopping center in Shanghai on Dec 4. As the world's second-largest economy, China is committed to promoting economic globalization and international cooperation through unilateral opening-up, which is also conducive to promoting its own high-quality development and the building of an open economy. Expanding unilateral opening-up is also China's consistent policy toward …

China Unilateral
Rachel Reeves is accused of killing growth as Bank of England warns UK economy is grinding to halt after her anti-business Budget
3 days, 15 hours ago

Rachel Reeves is accused of killing growth as Bank of England warns UK economy is grinding to halt after her anti-business Budget

Daily Mail  

Rachel Reeves was yesterday accused of killing growth as the Bank of England warned the economy is grinding to halt in the wake of her anti-business Budget. Shadow business secretary Andrew Griffith said: ‘Today’s growth downgrade from the Bank of England follows warnings from almost every business group and forecaster. Not a surprise that the financial markets are pushing up …

Business Economy England London Growth Inflation Labour
Putin fumes at BBC reporter for second time: Ranting president says he has 'pulled Russia back from the abyss' and mocks Britain's shrinking economy as he is grilled during annual conference
3 days, 19 hours ago

Putin fumes at BBC reporter for second time: Ranting president says he has 'pulled Russia back from the abyss' and mocks Britain's shrinking economy as he is grilled during annual conference

Daily Mail  

Vladimir Putin has been seen fuming at a BBC editor for the second year in a row, this time mocking Britain's shrinking economy and claiming he has 'pulled Russia back from the abyss.' Speaking to the BBC's Russia editor Steve Rosenberg at his annual end of year conference, Putin claimed his country's economy was 'way ahead of Great Britain.' Vladimir …

Europe Ukraine Russia Great Putin Russian Think
As the Bank of England holds interest rates, should we fear ‘stagflation’?
Trending News
3 days, 22 hours ago

As the Bank of England holds interest rates, should we fear ‘stagflation’?

The Independent  

Should “stagflation” be our word of the day? Concern about the other problems might explain why the Bank of England’s committee voted the way it in deciding to hold rates even when other central banks have been cutting. The doves this time were concerned about Britain’s “weakening labour market” – although it would have to weaken a lot for Britain …

Bank Interest Rates High Cent Rate Reeves Cut
U.S. economy grows at 3.1% pace in third quarter, an upgrade from previous estimate
4 days, 1 hour ago

U.S. economy grows at 3.1% pace in third quarter, an upgrade from previous estimate

Associated Press  

WASHINGTON — The American economy grew at a healthy 3.1% annual clip from July through September, propelled by vigorous consumer spending and an uptick in exports, the government said in an upgrade to its previous estimate. Third-quarter growth in U.S. gross domestic product — the economy’s output of goods and services — accelerated from the April-July rate of 3% and …

Economy Inflation Spending Consumer Spending Rate Third Quarter Estimate
Bank of England warns of ‘heightened uncertainty’ as it keeps interest rates on hold
4 days, 4 hours ago

Bank of England warns of ‘heightened uncertainty’ as it keeps interest rates on hold

Associated Press  

LONDON — The U.K.’s central bank warned Thursday of “heightened uncertainty” as it kept interest rates on hold after inflation moved further above target, even at a time when the British economy is flatlining at best. The Bank of England’s nine-member Monetary Policy Committee kept its main interest rate unchanged at 4.75% with new data showing inflation rising to 2.6%, …

England Bank Interest Rates Interest Bank Of England Inflation Rates Heightened Uncertainty
Japan's ispace to land spacecraft on Moon's Sea of Cold, take a long lunar route
4 days, 15 hours ago

Japan's ispace to land spacecraft on Moon's Sea of Cold, take a long lunar route

India Today  

Ispace, a Tokyo-based lunar exploration company, has unveiled details for its second lunar mission, SMBC x HAKUTO-R Mission 2, during a keynote address. The Resilience lunar lander, developed by ispace, will utilise a low-energy trajectory similar to its predecessor in Mission 1. Graphic: ispace “Mission 2 represents our continued commitment to the lunar economy,” said Takeshi Hakamada, Founder & CEO …

Land Mission Moon Lunar Ispace Hakuto
Reduced logistics costs to aid trade
Trending News
4 days, 15 hours ago

Reduced logistics costs to aid trade

China Daily  

SHI YU/CHINA DAILY China has unveiled a clear roadmap to drive down logistics costs, a strategic move that officials and analysts said is crucial for enhancing the competitiveness of the manufacturing industry, and strengthening the foundation of the country's real economy as a whole. China's total logistics costs accounted for 14.4 percent of its GDP last year, while the ratio …

China Costs Logistics Plan Zhang Aid Yang
Reduced logistics costs to aid trade
Trending News
4 days, 15 hours ago

Reduced logistics costs to aid trade

China Daily  

By Wang Keju | China Daily | Updated: 2024-12-19 08:49 SHI YU/CHINA DAILY China has unveiled a clear roadmap to drive down logistics costs, a strategic move that officials and analysts said is crucial for enhancing the competitiveness of the manufacturing industry, and strengthening the foundation of the country's real economy as a whole. China's total logistics costs accounted for …

China Railway Freight Plan Zhang Aid Yang
Reduced logistics costs to aid trade
Top News
4 days, 15 hours ago

Reduced logistics costs to aid trade

China Daily  

By Wang Keju | China Daily | Updated: 2024-12-19 08:49 SHI YU/CHINA DAILY China has unveiled a clear roadmap to drive down logistics costs, a strategic move that officials and analysts said is crucial for enhancing the competitiveness of the manufacturing industry, and strengthening the foundation of the country's real economy as a whole. China's total logistics costs accounted for …

China Costs Logistics Railway Freight Plan Zhang
US Federal Reserve cuts key interest rates by 0.25%
4 days, 15 hours ago

US Federal Reserve cuts key interest rates by 0.25%

India Today  

WASHINGTON : The Federal Reserve cut its key interest rate on Wednesday by a quarter-point — its third cut this year — but also signaled that it expects to reduce rates more slowly next year than it previously envisioned, largely because of still-elevated inflation. The Fed’s 19 policymakers projected that they will cut their benchmark rate by a quarter-point just …

Economy Inflation Trump Fed Rate Rates Reserve Cuts