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The Latest Breaking News from Economic Growth

Election pledge to return water asset to public control

A state's key energy assets will be united under a government trust aimed at boosting economic growth, but the opposition says the proposal lacks detail.

AAP

Good news is bad news: GDP growth fuels inflation fears

Australia's economy expanded by 2.6 per cent over 2025, above Reserve Bank forecasts, raising fears of an impending interest rate hike.

AAP

Reeves insists she has right plan despite economic growth forecast cut

The Office for Budget Responsibility slashed the growth forecast for 2026 and hiked its expectation for unemployment.

Evening Standard

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What we learnt from Rachel Reeves’ spring statement – and what it means for you

From energy prices to economic growth, here The Independent takes a look at everything we learnt from the chancellor’s spring statement

The Independent UK

Report: Attacks on Ukraine's energy system to lower economic growth this year and next

Ukraine's economy will see less growth this year and next due to damage to its energy infrastructure from Russia's attacks

The Independent UK

AI hit: India hungry to harness US tech giants’ technology at Delhi summit

Narendra Modi’s thirst to supercharge economic growth is matched by US desire to inject AI into world’s biggest democracy

The Guardian - UK

AI Can’t Fix Delhi Traffic Yet: Rishi Sunak’s Viral Moment at India AI Summit 2026

When technology leaders gather to discuss the future of Artificial Intelligence, serious policy and innovation dominate the stage. But at the India AI Impact Summit 2026 in New Delhi, it was a light hearted comment that captured attention. Former UK Prime Minister Rishi Sunak drew laughter when he apologised for…

MyLifeXP

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Sundar Pichai Says AI Will Trigger ‘Hyper Progress’: Is the World Ready?

Artificial Intelligence is rapidly moving from concept to cornerstone of global growth. At the AI Impact Summit, Sundar Pichai, CEO of Google and Alphabet Inc., called AI the biggest platform shift of our lifetime. He highlighted its power to accelerate scientific discovery, transform education systems, and help emerging economies leapfrog…

MyLifeXP

Washington's Millionaire Tax Is Economic Suicide

Washington has enjoyed decades of spectacular economic growth as a direct result of the absence of state income taxes. The new measure threatens to change all that.

Reason

Why Do So Few Indians Say They’re Proud of Their Country? New Global Survey Explains

A striking finding from a recent Pew Research Center survey is that many Indians give surprisingly few specific answers when asked what makes them proud of their country. Out of 33,486 people surveyed across 25 nations, India stood out for how often respondeir own words, with responses later coded into…

Times Life

A U.S. 'debt spiral' could start soon as the interest rate on government borrowing is poised to exceed economic growth, budget watchdog says

CRFB warned the actual fiscal outlook could be far worse than even the latest sobering projections.

Fortune

7 Reasons Why Unemployment in India Is Rising Faster Than Ever

India continues to grow at an estimated 6.5-7% GDP rate in FY 2025-26, positioning itself among the fastest-growing major economies. However, employment growth has not kept equal pace with economic expansion. According to the latest Periodic Labour Force Survey (PLFS) released by the Ministry of Statistics and Programme Implementation, the…

Times Life

Jim Ratcliffe apologises for claiming Britain has been ‘colonised’ by migrants as FA looks into comments

The Ineos founder said he was sorry if he ‘offended some people’ with his remarks, but insisted that is important to ‘raise the issue of controlled and well-managed immigration that supports economic growth’

The Independent UK

Heathrow passengers to be hit with 'eye watering' costs of third runway, Parliament told

Bosses at the west London airport say expansion is needed to boost UK economic growth

Evening Standard

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The Guardian - UK

Labour can win political argument for closer EU ties, says Rachel Reeves

Chancellor says stronger alignment with Europe is ‘biggest prize’ for trade and economic growth

The Guardian - UK

‘The trend is irreversible’: has Romania shattered the link between economic growth and high emissions?

Emissions have plunged 75% since communist times in the birthplace of big oil – but for some the transition has been brutal

Euronews

Russia's oil revenues dwindle as sanctions bite, hitting economy

The Kremlin has resorted to higher taxes and borrowing to fill the gap left by dwindling oil revenues and slower economic growth.

The Guardian - UK

Economic growth is still heating the planet. Is there any way out?

Rising GDP continues to mean more carbon emissions and wider damage to the planet. Can the two be decoupled?

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news in one place.

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The Independent UK

What to know about Thailand's election as economic growth slows and nationalism rises

Political parties in Thailand are gearing up for their final campaign rallies ahead of a general election

Evening Standard

Bank of England holds interest rates but future cuts ‘likely’

It came as the central bank also warned that economic growth is now set to be weaker than previously expected.

The Conversation

Spain already regularised over half a million undocumented migrants in 2005. Here’s what happened to its economy

With an upcoming amnesty for an estimated half a million undocumented workers, Spain is charting its own course on immigration policy, while also reinforcing its dependence on migrants to fuel economic growth.

The Guardian - UK

Green energy sector drove more than 90% of China’s investment growth last year, analysis finds

Industry bigger than all but seven world economies, and accounts for more than third of China’s economic growth

Evening Standard

Scotland will be left behind unless SNP ends nuclear objection, group warns

Scotland for Nuclear Energy said the country could miss out on jobs and economic growth if it does not add nuclear to the power mix.

MyLifeXP

Why Elon Musk Says the World’s Economic Power Is Quietly Moving to India

When Elon Musk wrote four simple words, “The balance of power is changing,” he reflected a deep and measurable global transition. According to IMF projections for 2026, India is set to contribute a larger share to global economic growth than the United States. This shift is not sudden or symbolic.…

The Independent UK

India's budget boosts infrastructure spending while vowing fiscal discipline

Prime Minister Narendra Modi’s government has presented an annual budget focused on sustaining economic growth despite volatile markets

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