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UNCOVERED: 5 | History Defined

India can reach a $5.1 trillion economy by FY29 as growth strengthens: Omniscience Capital

India's economy could reach $5.1 trillion by FY29, according to OmniScience Capital. Stronger real growth and healthier balance sheets support this expansion. The pandemic and rupee depreciation had previously delayed this $5 trillion ambition. Real GDP growth averaged 7.4% between FY22 and FY26. An optimistic scenario projects India's GDP reaching…

The Economic Times

Rains Raksha in India may not be enough to fight $250 billion heat bill

Extreme heat poses a significant economic threat to India's workforce and GDP. Lost labor hours and reduced productivity impact both workers and businesses nationwide. Proposed solutions include infrastructure upgrades and strategic work hour adjustments. Climate-hardened supply chains and financial safety nets are also crucial for resilience. India must plan for…

The Economic Times

Which European countries spend the most on education — and does it pay off?

Sweden spent 6.8% of GDP on education in 2023, compared with just below 3% in Romania. But it is not always clear whether higher spending produces stronger skills and leaves young people better prepared for Europe’s changing economy.

Euronews

From analysis to the latest developments in health,
read the most diverse news in one place.

The National Debt Has Crossed $40 Trillion. Both Parties Are Responsible.

And both are hiding behind a lie of omission.

Reason

EU GDP shares: Which countries are rising and which are falling?

The share of each EU country in the bloc’s total GDP changes over time. Euronews Business looks at how these shares have evolved over the past 20 years.

Euronews

Anthropic’s $30 trillion market size estimate shows how far AI’s funny numbers game has gone

As the Claude maker reportedly prepares for a $2 trillion IPO, it is pitching investors on an addressable market roughly equal to the entire U.S. GDP.

Fortune

What will we get out of the AI boom? The data suggests lots of noisy, energy-hungry datacentres and not much else

Booms in investment usually lead to economic growth. But this one looks unlikely to translate into better living standards for Australians

The Guardian - AU

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The $40 trillion national debt and the bond market's revolt: top Wall Street strategists explain how we got into this mess

David Kelly and Torsten Slok reached the same conclusion from opposite directions: with DC unwilling to touch the deficit, the bond market is the bad cop.

Fortune

Bitcoin consolidates near $79K ahead of US PCE, GDP Data; whales book record $1.2 billion profit in 3 days

Bitcoin traded near $79,000 on Wednesday as traders await key US PCE inflation and GDP data. While the broader trend remains bullish, rising profit-taking and resistance around $82,800–$83,000 could limit near-term gains. Short-term holder whales have booked a record $1.2 billion in profits over three days, adding to market caution.

The Economic Times

Rwanda’s national pension fund has helped power the economy, but it faces new challenges

Rwanda is routinely celebrated as a growth miracle on the African continent. The country’s GDP growth averaged 7.4% annually between 2000 and 2023, one of the fastest in Africa.

The Conversation

Forget the Population Bomb. The New Fear Is a Population Implosion.

Overpopulation panic is sooooo 20th Century! Welcome to the era of depopulation dread.

Reason

Nvidia Earnings, Jackson Hole and Other Key Things to Watch this Week

This week, all eyes will be on Nvidia earnings and Fed Chair Kevin who will deliver his first major economic policy address at Jackson Hole.

Barchart

PSU banks offer highest alpha potential; IT faces uncertainty: Omniscience Capital

India’s domestic economy remains resilient, with healthy revenue and earnings growth despite geopolitical uncertainties, according to OmniScience Capital. The firm sees potential for 7%+ GDP growth this fiscal year and believes India could sustain a high-growth trajectory even if the West Asia conflict persists.

The Economic Times

UK reports unexpected deficit of £1.8bn as John Healey prepares for first budget

July data shows total public debt was £2.98tn, or 94% of GDP – up £96bn on a year earlier

The Guardian - UK

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The Guardian - US

‘Starve the beast’? The $40tn cost of Republicans’ false promises to cut spending

The enormous US debt under Trump will hobble the next Democratic administration – just as the GOP planned

The Economic Times

India may lose $270 bn manufacturing GDP by 2035, $1 tn by 2047 without frontier tech: Report

India could miss a USD 5.1 trillion manufacturing GDP by 2047. Advanced manufacturing and frontier technologies are key to unlocking this potential. AI, automation, and digitisation will drive significant growth. India lags behind the US and China in deep-tech and semiconductor leadership. Adopting new technologies can add USD 1.1 trillion…

International Business Times UK

Togo Joins World Bank's Higher Income Bracket as Five Other Nations Also Climb the Rankings While Others Stay Put

Togo's reclassification to lower-middle income status by the World Bank is driven by a revised population count, not economic growth, highlighting the influence of demographic data on global rankings.

Bangkok Post

GDP growth: A bit of 'window dressing?'

The recently announced 1.9% GDP growth figure for the second quarter of 2026 came as a big surprise to me. Not because the figure was low, but because it was far too high.

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Tom’s Hardware

AI server boom funds $314 universal cash payout in Taiwan — President Lai Ching-te says the payout ensures the country's AI windfall 'can be shared by all,' 11% GDP growth and $903B export surge finance $7.4B dividend

Taiwan will hand roughly $314 USD in cash to every resident next year as a boon for the island's residents generated by the AI gold rush. The 2027 central government budget sets aside $7.4 billion USD for the dividend.

The Economic Times

India's economic growth to slow to 6.8% in FY27 amid West Asia crisis, El Nino impact: Ind-Ra

India Ratings and Research has raised its FY27 GDP growth forecast to 6.8% from 6.7%, but expects growth to slow from 7.6% in FY26 amid inflation, rupee weakness and El Nino risks.

The Economic Times

Nifty to hit 50,000 before 2035? Raamdeo Agrawal maps 3 valuation-based timelines

The Nifty 50 index might soar to 50,000 in the next six to nine years. This forecast hinges on the fluctuations of price-to-earnings ratios. A surge in retail participation and robust domestic investments is solidifying market resilience, even as foreign institutional investors scale back their stakes in Indian equities. The…

The Economic Times

ICRA estimates India's GDP growth at four-quarter low of 7 per cent in April-June

India's GDP growth forecast stands at seven percent for the April-June quarter, marking a four-quarter low and a slowdown from prior growth rates. The industrial sector is projected to expand by seven point seven percent, with agriculture and services also seeing improvements. Overall growth is expected to moderate, yet nominal…

Euronews

Japan's 10-year bond yield hits a 30-year high as growth data disappoints

Japan's 10-year government bond yield climbed to its highest level since 1996 on Monday as fresh data showed the world's fourth-largest economy grew far more slowly than expected in the second quarter.

The Economic Times

Global market: Japan Q2 GDP misses estimates, but BOJ rate hike bets remain intact

Japan’s second-quarter economic growth missed expectations as weaker household consumption and business investment offset resilient exports. Despite the softer GDP reading, economists expect the Bank of Japan to retain the option of another rate hike, although persistent weakness in domestic demand could encourage a more cautious approach.

The Economic Times

Global Market: Japan stocks edge lower after GDP growth misses forecasts

Japanese equities traded mostly lower as weaker-than-expected economic growth and elevated oil prices weighed on investor sentiment. Concerns over Middle East tensions, inflation and rising bond yields added to the pressure, while a weak market breadth reflected cautious investor sentiment. The Nikkei 225 and Topix both declined in early trading.

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