The Federal Government Ran Up a $2 Trillion Deficit in 2026 Congress hasn’t balanced the budget in 25 years. Reason · Oct 5
Shaktikanta Das, PM's Principal Secretary-2, says India within striking distance of 8% growth Shaktikanta Das highlighted India's impressive 7.8% GDP growth in the first quarter of the financial year. He emphasized the role of strong domestic demand and structural reforms in facilitating this growth. Das noted that enhanced governance and digital systems significantly contributed to economic stability and performance. The Economic Times · Oct 4
U.S. debt is increasingly at the mercy of the market as interest costs surge while elections add more risk to the debt ceiling, ratings agency warns "This trajectory points to an unsustainable medium-term fiscal path and leaves the sovereign increasingly exposed to shifts in market sentiment and financing conditions." Fortune · Oct 3
India GDP forecast stays at 7%, uncertainty range remains wide: Economist Arvind Virmani Economist Arvind Virmani has retained his India GDP growth forecast at 7% for the year, with an uncertainty range of plus or minus 1%, citing unresolved trade issues and global developments. He also backed a gradual shift towards cost-based UPI MDR after the subsidy helped establish the payments platform. The Economic Times · Oct 3
French government forecasts 1% growth in 2027: What do experts think? France's High Council for Public Finance calls the government's 1.0% growth forecast for the 2027 budget "optimistic", as economists warn of a possible "slippage" and the executive still has to secure approval. Euronews · Oct 2
Colombia's Central Bank Just Raised Rates Again — What It Means for Families Sending Money Home Colombia's central bank raised rates to 12.25% in a surprise vote. What it means for inflation, the IMF talks, and families sending money home Latin Times · Oct 2
SBI Research sees CPI inflation at 5.65% in Sept, above 6.5% in Oct-Nov SBI Research forecasts a rise in CPI inflation to around 5.65 percent in September. They expect it to exceed 6.5 percent during October and November. Inflationary pressures have broadened significantly since the last monetary policy meeting. Additionally, the weakening rupee poses further risks to economic stability. The Reserve Bank of… The Economic Times · Oct 2
Insurance penetration stays low as operating costs rise faster than premiums: McKinsey India's insurance penetration is at 3.7 per cent of GDP, which is below the global average. While life insurance premiums grew, the number of individual policies sold declined in recent years. The Insurance Regulatory and Development Authority of India is examining changes to improve affordability and transparency in distribution costs.… The Economic Times · Oct 1
A look at France's public debt as economy takes centre stage in French Presidential election France's public debt has climbed to unprecedented levels, currently reaching 119 per cent of its GDP. The increasing debt burden poses significant challenges for the government and upcoming presidential election candidates. Prime Minister Sebastien Lecornu plans to unveil the 2027 draft budget in response to the growing financial concern. The Economic Times · Oct 1
French government to lay out budget amid record-breaking public debt The French government, lacking a clear parliamentary majority, faces a difficult political battle as it seeks to pass its budget. Euronews · Oct 1
How Guyana Became Richer Per Capita Than the United States Guyana produces nearly 1 million barrels of oil daily, has surpassed the US in purchasing-power income per person, and is poised for $6.5B in oil revenue in 2026. Latin Times · Oct 1
Dollar Rebounds as T-note Yields Rise The dollar index (DXY00 ) rose by +0.09% on Wednesday. The dollar shook off early losses on Wednesday and moved higher after T-note yields rose. Signs of strength in the US economy also supported the dollar after Q2 GDP was revised higher, and the Sep ADP employment change and Sep... Barchart · Sep 30
CEA warns of looming oil and rate pressures in India’s H2, sees Q2 growth at 7.3% Chief Economic Adviser V Anantha Nageswaran noted that the second half of the fiscal year would be challenging. Rising oil prices and increased global growth risks create a tougher economic environment for India. The economy saw a 7.8% GDP growth in the first quarter, backed by strong indicators like GST… The Economic Times · Sep 30
Crisil lifts India FY27 growth forecast to 7% on strong H1 momentum Crisil has raised its GDP growth forecast for India in FY27 to 7%, reflecting strong domestic demand. Resilient consumer spending and government investment are key factors supporting this growth projection. However, potential inflation risks from a strengthening El Nino and elevated energy prices may pose challenges. The Reserve Bank of… The Economic Times · Sep 30
The Guardian - UK · Sep 30 UK income growth revised upwards as markets hail ‘resilient’ economy Boost for John Healey before budget as GDP figure shows UK economy grew faster than first estimated in second quarter
The Economic Times · Sep 30 US economy picks up pace in Q2, grows 2.2% as consumer spending, AI investment surge The US economy grew at a 2.2% annual pace in the second quarter, up from the government’s earlier 1.5% estimate, as consumer spending and business investment remained strong. Consumer spending rose 3.8%, while business investment excluding housing increased 9%. Surging imports, however, trimmed nearly 1.7 percentage points from GDP growth.
Euronews · Sep 30 UK growth revised up to 0.5%: What drove the stronger figures? Stronger services growth drove the upward revision to second-quarter GDP growth, as the UK battles high borrowing costs, inflationary pressures and a cooling labour market.
The Independent UK · Sep 30 UK economy grew ‘slightly larger’ than expected in pre-Budget boost to John Healey Experts are predicting a tougher end to the year thanks to soaring energy and fuel prices caused by the Iran war
Evening Standard · Sep 30 UK economy grows faster than first thought amid service sector boost Gross domestic product increased by 0.5% between April and June, the Office for National Statistics said.
Euronews · Sep 29 France's public debt soars to a record 119% of GDP France's public debt reached 3,595.5 billion euros at the end of June, Insee said, a record high that is set to keep rising as the outlook worsens.
The Economic Times · Sep 29 YouTube ecosystem adds over Rs 18,000 crore to India's GDP, supports 9.6 lakh jobs in 2025 The findings point to a significant shift in India's digital creator landscape, where independent content creators are increasingly evolving into full-fledged media enterprises, driving employment and local economic activity across both metropolitan centres and smaller towns.
The Economic Times · Sep 28 HSBC expects RBI to raise repo rate by 50 bps in FY27 amid strong growth, inflation pressures India's GDP growth in the second quarter of FY26 surpassed the Reserve Bank of India's forecast of 7 percent. The growth prompted forecasts of gradual rate hikes, with expectations of a 25 basis points increase twice in FY27. Additionally, inflation is projected to hover above 5 percent due to various…
Fortune · Sep 27 The U.S. economy is running hot and stuck on a hamster wheel as GDP growth must outpace borrowing costs—or risk getting sucked into a debt spiral "With interest rates on new Treasury bonds and notes at around 5% and medium-term nominal economic growth expected to be closer to 4%, the U.S. is entering a debt spiral."
Barchart · Sep 27 Employment, GDP and Other Key Things to Watch this Week Markets face a data-intensive final week of Q3 with Wednesday delivering six major releases and Friday concluding with September jobs report.
The Guardian - UK · Sep 27 Poland is racing ahead with military spending – but will it help or damage its economic growth story? In the first article in a series on the Polish economy, we look at the country’s defence boom and its implications