The unexpected coexistence of high inflation and high unemployment that emerged in the 1970s prompted economists at the time ...

However, growth for the financial year is projected to remain below FY24’s 8.2 per cent, with estimates for FY25 already ...

Over 74 years (1950–2023), the top 10% income share increased by 23.7 percentage points. Conversely, the middle 40% and ...

Indonesia's unaudited budget deficit for the 2024 fiscal year was 507.8 trillion rupiah ($31.38 billion), or 2.29 per cent of ...

Wage stagnation amidst high profits reduces aggregate demand, leading to production cutbacks and slower GDP growth ...

Vladimir Putin might have lost a slice of revenue after Kyiv closed its gas pipeline to Russian supplies, but Moscow already has alternatives for shipping the fuel that stand to shield it from any ...

The current model of sovereign credit rating has outlived its utility and is not in step with present global economic ...

Vietnam's gross domestic product grew 7.09 per cent last year to $476.3 billion, faster than the 5.05 per cent expansion in ...

Climate change is here to stay…We don’t need to debate that any more,” he says. Using new technology can prevent shocks in ...

Last year’s budget closed with a deficit of Rp 507.8 trillion (US$31.34 billion), 2.29 percent of the country’s gross ...

In 2022, 15th Finance Commission chairman N K Singh had cautioned that freebies are not the road to efficiency or prosperity, ...

The closer you get to the Russian border, the more seriously the Russian threat is taken. Poland is on course to increase its defence spending to 4.7 per cent of GDP in 2025. But in the bigger western ...