SHOCKING: 12 - You Need To See This

Data centre boom fails to boot up lagging economy

A fourth Reserve Bank rate hike is still on the cards for 2026, despite a slowdown in economic growth, falling productivity and high labour costs.

AAP · Jun 2

Oil rally may fuel stagflation concerns, though AI remains market's key driver: Arnab Das

Renewed Middle East tensions are driving oil prices higher, fueling inflation and economic growth concerns. Despite market optimism, significant challenges remain in resolving issues with Iran, and markets may not have fully priced in potential disruptions, particularly around the Strait of Hormuz.

The Economic Times · Jun 2

GDP growth likely eased in January-March quarter on softer external demand

India's economic growth is projected to have eased to 7.2% in Q1 2026, as weaker external demand and industrial activity tempered strong government spending and agricultural resilience. While external shocks haven't derailed its fastest-growing major economy status, subdued private investment remains a concern. Services growth is expected to stay robust,…

The Economic Times · Jun 1

AI may impact "lucrative job market linked to IT services": EY report

Artificial Intelligence will significantly reshape India's skilled workforce and its IT sector. EY's report highlights potential job market shifts. While India's economic growth remains strong, adapting to AI's evolution is crucial. Policymakers must address technological changes alongside other global challenges to maintain India's growth trajectory and economic future.

The Economic Times · May 30

ENERtec Asia 2026 Partners with MIDA to Power Malaysia's Digital Economy via Renewable Energy and Battery Storage Innovation

KUALA LUMPUR, Malaysia, May 30, 2026 /PRNewswire/ -- As shifting geopolitical dynamics, regional supply chain realignments, and surging electricity demand reshape global trade, Malaysia is intensifying efforts to strengthen energy security and future-proof its economic growth through renewable energy (RE) and battery energy storage systems (BESS).

AAP · May 30

Russia warns war costs are ravaging its finances while Ukrainian 'drone overmatch' sends Putin's forces reeling in new phase of combat

Economic growth is also stagnating, with GDP expected to tick up just 0.4% this year, down from a previous view for 1.3%.

Fortune · May 29

Canada dips into technical recession? Pierre Poilievre slams Mark Carney, says no other G7 country is in this situation

Canada entered into what many experts would call a technical recession after it reported two consecutive quarters of contraction in economic growth. Statistics Canada said real gross domestic product fell 0.1 per cent on an annualized basis in the first three months of this year. That comes after a downwardly…

The Times of India · May 29

The Loneliness Epidemic Has Hit Indian Cities And It Looks Nothing Like You Think

A woman sits in a crowded Delhi Metro scrolling endlessly through Instagram reels. A software engineer in Bengaluru spends ten hours speaking to colleagues online but has nobody to call after work. An elderly couple in Mumbai lives in a luxury apartment tower surrounded by hundreds of people, yet entire…

MyLifeXP · May 29

The billionaire shakedown: How India changed its 'default' settings

India's decade-old Insolvency and Bankruptcy Code has revolutionized corporate finance, ending a 'defaulter's paradise' and recovering trillions. While significantly boosting financial stability and economic growth, the law now faces challenges from judicial delays. Recent amendments aim to address these bottlenecks, ensuring the code's continued effectiveness in safeguarding India's economic progress.

The Economic Times · May 29

Thailand posts record-high current account deficit in April as economy slows

Thailand posted a record-high current account deficit of $7.6 ​billion in April, with economic growth ‌slowing from the previous month from the impacts of the Middle East war and expected to get weaker, the Bank of Thailand said on Friday.

Bangkok Post · May 29