Economic growth

Deputy Governor Poonam Gupta stated that India's economic growth may reach closer to 7% in the financial year through March. This projected pace is stronger than the central bank’s existing 6.7% forecast from the RBI. Such a rate would maintain India among the world's fastest-growing major economies.

China’s 10-year bond yield fell to a 13-month low. This movement is attributed to weak economic growth, which has consequently pushed investors into sovereign debt.

President Prabowo Subianto highlighted Indonesia’s economic growth and investment gains during a State of the Nation address. He announced that the country could achieve 6% economic growth by the end of 2026. This projection was based on the nation's strongest first-half growth in 13 years and robust investment despite global uncertainty.

Britain requires increased investment and should not implement higher taxes on investment. The article states that an increase in capital gains taxation would directly work against goals aimed at supporting economic growth.

Europe is currently in a favorable position for investors because multiple economic indicators are strong. Key data points show that both earnings and overall economic growth have proven to be surprisingly robust.

Economic growth rates do not necessarily indicate prosperity. Billboard-worthy figures for economic development can conceal high levels of wealth and income inequality.

The MND Sheinbaum Index™ for June 2026 scored 67.5, a 2.7-point increase from the previous month, marking President Claudia Sheinbaum's highest score to date. The index reflects improvements in economic growth and security amid challenges like U.S. relations, teachers' protests, and environmental issues.

Tanzania's pursuit of economic growth through industrialization, urban development, and agricultural expansion highlights the importance of environmental sustainability. The article emphasizes the need for environmental awareness education to ensure a sustainable future.

Severe drought is disrupting energy and freight across Europe as low Rhine and Danube levels raise risks for supply chains and economic growth.

Hanoi is undergoing rapid redevelopment with $2.4 billion spent in 2026 on nearly 1,500 projects, including a new ring road and flood controls. Residents like Nguyen Thi Nhan face displacement without compensation as the city builds infrastructure to support Vietnam’s economic growth, including a $28 billion Red River redevelopment and a $35.2 billion Olympic sports area by Vingroup.

The third edition of the MND Economy Index™ for May 2026 shows a score of 68.61, indicating above-neutral performance for the Mexican economy. The score increased slightly from the previous edition (67.55) and reflects improvements in economic growth, though moderation in growth rates was observed in May compared to April.

The sudden resignation of Bank Indonesia’s governor highlights a dilemma for central bankers in the region between tightening interest rates to defend currencies and control inflation or loosening them to support economic growth. Analysts speculate the governor, Perry Warjiyo, faced pressure to align with President Prabowo Subianto’s economic agenda.

The article examines why Africa's economic growth and development underperform globally, questioning the role of income and wealth inequality. It challenges the assumptions that economic growth is prioritized and that Africa's ruling elite effectively address this task.

Philippine President Ferdinand Marcos Jnr delivers his State of the Nation Address amid challenges balancing an anti-corruption drive with sustaining economic growth. Analysts highlight the need for tangible results from investigations into discrepancies in flood-control projects.

Goldman Sachs lowered Argentina's 2026 economic growth forecast to 2.7% and anticipates a possible contraction in the second quarter. The bank also noted that economic performance will be assessed against the October 2027 presidential elections.

UK Prime Minister Andy Burnham opened his new northern office in Manchester, part of his plan to decentralize power from London. He aims to boost economic growth by redistributing resources to different postcodes.

Andy Burnham, the new UK Prime Minister, plans to establish 'Downing Street North' in Manchester to address economic imbalances between urban centers and rural areas. The article highlights the importance of maintaining London's global economic role while promoting regional growth, cautioning against an anti-London narrative.

Investors are monitoring China’s July Politburo meeting for signals on stock market policy as state intervention has temporarily stabilized sentiment. The meeting, led by President Xi Jinping and the Communist Party, will set the economic policy tone for the second half, with calls increasing for more support to boost growth.

Andy Burnham becomes the 7th UK PM in a decade and is expected to adopt a tougher stance on Israel. He takes leadership of the Labour party amid anemic economic growth and pledges to address the high cost of living through a new 10-year plan.

Shettima departs Abuja for the ECOWAS Summit in Freetown. The summit will focus on policy decisions, strategic resolutions, and reaffirming commitments to peace, democracy, economic growth, and regional integration.

Andy Burnham’s plan to abolish the Department for Science, Innovation and Technology has drawn criticism from MPs, Whitehall officials, and tech experts, who argue it will hinder progress during a pivotal time for AI and economic growth.

Marsha Blackburn is a Republican candidate for Governor of Tennessee. She is currently a U.S. Senator, previously served as a congresswoman and state senator, and focuses on conservative policies for economic growth, housing affordability, and addressing homelessness through work requirements. Her campaign emphasizes limited government intervention and creating opportunities for Tennesseans.

Fears that Burnham tax rises will harm economic growth persist as data indicates stalled expansion, while the Pound strengthens on speculation Ed Miliband will not become Chancellor.

Michigan's next governor must address challenges in retaining young people despite recent population growth. Five major candidates agree on creating opportunities for young residents but propose differing strategies, including tax cuts, business growth initiatives, and education improvements.

Funding conditions in Malaysia’s money market may tighten later this year as analysts anticipate stronger economic growth could lead the central bank to raise interest rates.

The national debt's rapid growth poses risks to future economic growth, job opportunities, and wages, according to the Peter G. Peterson Foundation. Rising debt may lead to job losses and lower wages, with young workers particularly vulnerable due to economic uncertainty.

China reported a 4.3% year-on-year economic growth in the last quarter, down from 5% growth in January-March. The data was released by Chinese authorities and cited by the AP in Hong Kong.

China's economy slowed to a 4.3% annualized growth rate in the April-June quarter. The report indicates a deceleration in economic activity during the last quarter.

Data centers are boosting local employment, wages, and business growth in urban areas, but rural economies see minimal impact. Over 1,200 public actions against data centers have been recorded since 2024, with Maine’s contested 2026 bill and veto highlighting the political tensions around expansion. Studies show economic gains accumulate gradually, with urban regions benefiting more than rural ones.

Singapore's economy grew by 5.7% in the second quarter, exceeding the 5.5% forecast but slowing from the revised 6.3% growth in the first quarter.

The next Prime Minister is urged to reform the business rates system to stimulate economic growth. The article emphasizes that addressing this system is critical for unlocking economic potential.

The AI revolution is expected to create mixed outcomes for governments and financial markets, with some economies benefiting from tech supply chain growth while others lag. It also raises risks of financial crises, requiring careful risk management.

The Indian rupee hit a record low against the dollar due to concerns over 50% US tariffs impacting economic growth and corporate earnings. The Reserve Bank of India (RBI) is unwinding bearish dollar bets amid the currency's decline.

The article discusses the broader economic impacts of Tinubu’s healthcare reforms, highlighting improvements in health outcomes, investment attraction, domestic manufacturing expansion, human capital development, and institutional capabilities. These reforms are framed as foundational to long-term economic growth.

Rise & Glaze, a new coffee and doughnut shop, is opening in Scotlandville to offer coffee, doughnuts, and other menu items. The business aims to boost economic growth along the Scotlandville corridor.

The IMF reduced its 2026 global growth projection, citing uncertainty and risks from renewed fighting in the Middle East. Petya Koeva Brooks, an IMF deputy director, highlighted the impact of recent developments on the economic outlook.

Nubank will invest US $4.2 billion in Mexico over four years to expand operations, strengthen technological infrastructure, and develop digital financial solutions. The investment aims to boost economic growth, financial inclusion, and digitization, with Nubank already serving 15 million Mexican customers and planning to create jobs in tech and finance sectors.

ECB Governing Council member Fabio Panetta warns of a fragile economic outlook with risks to inflation and growth.

The federal government has started Phase II of the Babban Lamba-Sharam Road rehabilitation in Plateau State, aiming to enhance economic growth, regional connectivity, national development, and integration.

The Tanzanian government has pledged to strengthen the cooperative sector as a key driver of economic transformation, focusing on governance reforms, digital service expansion, and improved access to affordable financing for cooperatives.