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THE TRUTH ABOUT: Gdp news topic | History Defined

Putin takes potshots at "so-called G-7", says over 40% of world's GDP has been produced by the BRICS countries

Russian President Vladimir Putin emphasized the pivotal role of BRICS nations in fostering global economic growth and demographic expansion. He criticized the relevance of the G-7, branding it as the 'so-called G-7,' and condemned the extensive sanctions imposed on Russia amid the ongoing Ukraine conflict, while asserting Russia's resilience and…

The Economic Times

Indian-origin investor's H-1B prediction: If 10% of Indians stuck in US Green Card backlog return, India’s GDP could rise 1%

Indian-American entrepreneur Vivek Wadhwa said if Indians waiting for residency in the US go back to India as America First activists want them to, it will be India's gain. India could get a major economic boost if skilled Indians caught in the US green-card backlog begin returning home, Wadhwa predicted,…

The Times of India

BRICS Summit 2026: Putin slams West's 'ugly' economic warfare, claims BRICS bloc has left G7 behind

Russian President Vladimir Putin stated BRICS nations now lead global economic growth. Western competitors are attempting to regain their former leadership position. BRICS economies have accounted for over forty percent of world GDP recently. He added that Russia faces unprecedented sanctions but its economy shows growth. Putin highlighted the rise…

The Economic Times

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Fact check: Which EU economy is performing the best?

Recent comments by Portugal's prime minister have prompted discussion about which EU country currently has the best-performing economy and employment growth rate.

Euronews

AI spending splurge helps UK economy grow in July

Gross domestic product (GDP) increased by 0.4% in July, following growth of 0.3% in June, official figures showed.

Evening Standard

List of world leaders attending the 18th BRICS Summit in New Delhi

India will host Xi Jinping, Vladimir Putin and other BRICS leaders in New Delhi on September 12-13 for the grouping’s 18th summit. The gathering brings together leaders representing economies that account for about 40% of global GDP, with several bilateral meetings with PM Narendra Modi also planned.

The Economic Times

India has shown ‘quite a lot of resilience’ to oil price shock, says IMF as it welcomes stronger statistical framework

Acknowledging India's strength in weathering increased energy prices, the International Monetary Fund has praised the country's economic stability during a tumultuous global landscape. The real GDP growth for the April-June quarter notably exceeded initial expectations. While the IMF appreciates advancements in statistical frameworks, it calls for persistent improvements in data…

The Economic Times

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UK economy unexpectedly grew by 0.4% in July

GDP increased by 0.4% in July, up from 0.3% in June, the Office for National Statistics said.

Evening Standard

UK economy unexpectedly grows 0.4% in July boosted by AI

Welcome boost for chancellor with unexpected rise put down to rapid growth of AI in services sector outweighing Iran war fallout

The Guardian - UK

Gasoline prices drive up US monthly inflation; four UK interest rate hikes expected by next summer – as it happened

US monthly inflation rate rises to 0.4% in August, though annual rate unchanged at 3.4% and core inflation dips a little

The Guardian - UK

GDP numbers say India is thriving. Is it?

Congratulations!

Newslaundry

Anthropic says AI could bring both 15% growth and mass unemployment by 2030

Anthropic has published an economic model projecting how AI might reshape the US economy by 2030, and its three scenarios range from barely perceptible to a boom with no historical precedent, including one in which GDP grows 15% a year while nearly a fifth of office workers are out of…

Euronews

From G7 to D10: Why the world's democracies should finally name their coalition

Global summits highlight a multipolar world order and competing national interests. Industrial democracies informally assemble, behaving like a D10 coalition. This grouping commands significant global GDP and economic influence. India's consistent participation makes it indispensable to these discussions. The time has arrived for this informal arrangement to gain formal recognition.

The Economic Times

UK economic growth set to peter out as consumers swap shops for pubs

Most economists are expecting gross domestic product (GDP) to have shown no growth in July.

Evening Standard

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Latin Times

Mexico's 2027 Budget: Where the Money Really Goes — and What It Means for Your Wallet

Mexico's 2027 budget targets a 3.9% deficit and more infrastructure spending, but the real 2025 shortfall ran higher than officials reported.

The Economic Times

Anthropic sees AI driving GDP growth, but warns of job losses, wage pressure

Artificial intelligence could significantly accelerate economic growth by 2030, but faster AI adoption may also put pressure on employment and wages of knowledge workers, particularly in scenarios where AI becomes capable of autonomously performing a large share of knowledge-intensive tasks, according to Anthropic's latest economic outlook.

The Economic Times

Too early to say whether Rahul Gandhi will be projected as 2029 PM face: Congress leader Prithviraj Chavan; harps on Opposition unity

Prithviraj Chavan underscored that naming Rahul Gandhi as the opposition's prime ministerial candidate is premature. He highlighted the necessity of unifying regional parties to prevent vote fragmentation. Chavan is optimistic about the DMK rejoining the INDIA bloc and stressed the importance of bolstering the organizational strength of Congress while engaging…

The Economic Times

India economy to regain its mojo, return to current account surplus: NITI Aayog's Lahiri

NITI Aayog Vice Chairman Ashok Kumar Lahiri stated the Indian economy is performing reasonably well. He anticipates the nation will soon achieve a current account surplus. A significant challenge remains the low manufacturing share in India's overall GDP. Lahiri highlighted the positive impact of foreign investment in key sectors like…

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The Independent UK

Five charts that lay bare economic disaster caused by Trump’s war in Iran

The conflict in Iran has sent the price of oil and gas soaring while inflation rises in Europe and GDP struggles to remain resilient in the UK

Evening Standard

Andy Burnham tells PMQs: I won't cut Britain's benefits bill to boost defence spending

Andy Burnham criticised Conservative proposals to reduce housing benefit by £4 billion

The Independent UK

I won’t fund national security at the expense of social security, Burnham says

The prime minister was grilled on his commitment to reach 3 per cent for defenced funding by 2030

Evening Standard

National security ‘can’t come at the expense of social security’ – Andy Burnham

Tory leader Kemi Badenoch highlighted ‘serious threats to national security that cannot wait’.

The Economic Times

Thru the optimism prism: GDP’s 7.8% print offers some hope for those willing to see it

India's economy grew by 7.8% in the first quarter of fiscal year 2027. This growth was fueled by a consumption spurt and government capital expenditure. Nimble energy diplomacy helped India navigate global energy shocks effectively. Exports also held up well due to diversification efforts by businesses. Stock markets show early…

Euronews

Growth nearing 1% of GDP and higher revenues: what it means for the 2027 Budget Law

According to economist Pietro Reichlin, speaking to Euronews, the 1% forecast "is realistic, but Italy remains last in the EU". Growth is not enough to widen the room for the 2027 budget, held back by structural flaws like low productivity and an ageing population.

The Economic Times

Real Estate GDP share may rise from 8-9% to 15-20% by 2047, headwinds to remain: Knight Frank's Zia

Real estate's contribution to India's GDP could rise from the current 8-9 per cent to 15-20 per cent by 2047, with expansion across residential, office, warehousing, logistics, education and healthcare segments, although the sector faces several headwinds, Gulam Zia, International Partner and Senior Executive Director - Research, Advisory, Infrastructure and…

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