Economy - general

OpenAI, Oracle and SoftBank to Build $500 Billion Stargate AI Data Centers Across U.S.

OpenAI, Oracle and SoftBank to Build $500 Billion Stargate AI Data Centers Across U.S.

By Axel Miller | 24 Sep 2025

OpenAI, Oracle, and Japan’s SoftBank have unveiled plans to construct five new artificial intelligence data centers in the United States, marking a major step

With Q1 GDP growth of 7.8%, India projected to become world’s third largest economy by 2030

By Unnikrishnan | 02 Sep 2025

With a GDP growth of 7.8 per cent in the first quarter of the current financial year (April-June 2025-26), India, currently the world’s fourth-largest economy

India’s industrial production up 3.5% in July

India’s industrial production up 3.5% in July

By Unnikrishnan | 01 Sep 2025

Industrial production in India, based on the Index of Industrial Production (IIP), expanded by 3.5 per cent year-on-year in July 2025

India’s wholesale price inflation at (-)0.59% in July

India’s wholesale price inflation at (-)0.59% in July

By Unnikrishnan | 15 Aug 2025

India’s wholesale price inflation, based on the all-India Wholesale Price Index (WPI) continued to remain in the negative territory for a second month

India’s July consumer price inflation at an 8-year low of 1.55%

India’s July consumer price inflation at an 8-year low of 1.55%

By Unnikrishnan | 13 Aug 2025

Consumer price inflation in India, based on the All-India Consumer Price Index (CPI) hit an 8-year low of 1.55 per cent in July 2025

Apple Commits Another $100 Billion to U.S. Investments as Trump Pushes for Domestic Manufacturing

Apple Commits Another $100 Billion to U.S. Investments as Trump Pushes for Domestic Manufacturing

By Axel Miller | 07 Aug 2025

In a headline-grabbing move, President Donald Trump announced Wednesday that Apple has pledged an additional $100 billion investment in the United States.

Consumer price inflation in India at a 6-year low of 2.10% in June

Consumer price inflation in India at a 6-year low of 2.10% in June

By Unnikrishnan | 14 Jul 2025

Consumer price inflation in India, based on the all-India consumer price index (CPI), hit a new low of 2.10 per cent in June 2025 - a level that was not seen for more than six years - down further from 2.82 per cent in May,

India’s wholesale price inflation rate at (-) 0.13% in June

India’s wholesale price inflation rate at (-) 0.13% in June

By Unnikrishnan | 14 Jul 2025

The annual rate of inflation based on the all-India Wholesale Price Index (WPI) declined to a low of (-) 0.13 per cent in June 2025

Global oil demand to grow through 2029 despite China’s early peak, says IEA

Global oil demand to grow through 2029 despite China’s early peak, says IEA

By Axel Miller | 17 Jun 2025

Despite growing momentum for electric vehicles and shifting consumption patterns in major markets like China, global oil demand

Oil prices surge 6% as Israel strikes Iran, raising fears of Middle East conflict

Oil prices surge 6% as Israel strikes Iran, raising fears of Middle East conflict

By Axel Miller | 13 Jun 2025

Oil prices surged sharply on Friday, climbing more than 6%, after Israel launched a surprise strike on Iranian military and nuclear targets—an escalation that immediately stoked

Oil prices edge lower on weak China data, but optimism builds around US-China trade talks CY

Oil prices edge lower on weak China data, but optimism builds around US-China trade talks CY

By Axel Miller | 09 Jun 2025

Oil prices saw a slight pullback on Monday as fresh data from China painted a dimmer picture of demand.

Musk-Trump feud puts $22B in SpaceX contracts at risk

Musk-Trump feud puts $22B in SpaceX contracts at risk

By Cygnus | 06 Jun 2025

A high-stakes fallout between Elon Musk and former President Donald Trump is threatening to disrupt the trajectory of the U.S. space program

Aviva's $4.9 billion Direct Line takeover faces UK antitrust scrutiny

Aviva's $4.9 billion Direct Line takeover faces UK antitrust scrutiny

14 May 2025

Aviva’s ambitious £3.7 billion ($4.92 billion) acquisition of Direct Line Group has hit a regulatory speed bump, as the UK’s Competition and Markets Authority (CMA)

India's FY25 consumer price inflation down at 4.6%; March inflation at a 6-year low of 3.34%

India's FY25 consumer price inflation down at 4.6%; March inflation at a 6-year low of 3.34%

30 Apr 2025

Consumer price inflation in India, based on the Consumer Price Index (CPI), fell to a 6-year low of 4.6 per cent in the fiscal year 2024-25, the lowest since 2018-19.

India’s industrial production growth seen at a 7-month low of 2.9% in February

India’s industrial production growth seen at a 7-month low of 2.9% in February

13 Apr 2025

Industrial production in India based on the Index of Industrial Production (IIP) grew at a slower pace of 2.9 per cent, hitting a 7-month low, in February 2025 against the 5 per cent

Trump tariffs and economic uncertainty drive CEO and activist settlements

Trump tariffs and economic uncertainty drive CEO and activist settlements

By Cygnus | 04 Apr 2025

Shares of Yeti Holdings saw sharp declines in December and again in March when former President Donald Trump threatened tariffs on China, where the company operates some of its largest factories

Spain’s imports of Venezuelan oil surge ahead of US sanctions deadline

Spain’s imports of Venezuelan oil surge ahead of US sanctions deadline

By Axel Miller | 04 Apr 2025

Spain’s crude oil imports from Venezuela saw a sharp increase in the first two months of 2025, rising by nearly 59% compared to the same period last year.

India’s wholesale price inflation up at 2.38% in February

India’s wholesale price inflation up at 2.38% in February

20 Mar 2025

The annual rate of inflation based on the all-India Wholesale Price Index (WPI) stood at 2.38 per cent in February 2025, up from 2.31 per cent in January

India's industrial production records 5% growth in January 2025

India's industrial production records 5% growth in January 2025

13 Mar 2025

Industrial production in India, based on the Index of Industrial Production (IIP) stood higher at 5.0 per cent in January 2025 against 3.2 per cent in December 2024

India’s consumer price inflation at a 7-month low of 3.61% in February

India’s consumer price inflation at a 7-month low of 3.61% in February

12 Mar 2025

Consumer price inflation rate based on all-India Consumer Price Index (CPI) for February 2025 stood at a 7-month low of 3.61 per cent

India’s real GDP expected to grow at 6.5% in FY25

India’s real GDP expected to grow at 6.5% in FY25

28 Feb 2025

India’s real Gross Domestic Product (GDP) is estimated to grow at 6.5 per cent, as per the second revised estimates of national income, released on Friday.

India’s wholesale price inflation eases to 2.31% in January

India’s wholesale price inflation eases to 2.31% in January

15 Feb 2025

India’s wholesale price inflation, based on the all-India Wholesale Price Index (WPI), declined to 2.31 per cent in January 2025 from 2.39 per cent in the previous month (December 2024)

India’s industrial output grew at a slower pace of 3.2% in December

India’s industrial output grew at a slower pace of 3.2% in December

13 Feb 2025

Industrial production in India, based on the Index of Industrial Production (IIP) grew at a slower pace of 3.2 per cent year-on-year in December 2024

India’s consumer price inflation down at 4.31% in January

India’s consumer price inflation down at 4.31% in January

13 Feb 2025

India’s consumer price inflation hit a 5-month low of 4.31 per cent in January 2025, down from 5.22 per cent in December 2024 and 5.10 per cent in January 2024

RBI cuts repo rate by 25 bps to 6.25% as economy slows

RBI cuts repo rate by 25 bps to 6.25% as economy slows

07 Feb 2025

Reserve Bank of India (RBI) on Thursday announced a 0.25 basis point reduction in its policy repo rate, effective immediately, in a bid to pump liquidity into a slowing economy.

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