Economy Financial News

01.02 / 10:59

UPS Provident economy Food Bill social Rural economy gets spending boost in Budget with allocations to jobs scheme

Subscribe to enjoy similar stories. The Union Budget 2026-27 gave a massive spending boost to the rural economy, thanks to a sharp increase in the allocations for the government’s flagship jobs scheme—Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). The push comes as the Centre begins transitioning away from MGNREGA to the revamped scheme.

31.01 / 01:49

markets Target security economy Freedom Cycling information Architect of chaos: Harshad Mehta and the price of reform

Subscribe to enjoy similar stories. In July 1991, India dismantled the four-decade-old Licence Raj and embraced economic liberalization. Over the next few months, as unprecedented foreign capital poured in, a peculiar euphoria gripped the nation.

31.01 / 01:49

markets Waves economy Align Research pandemic President What will Kevin Warsh’s Federal Reserve look like?

Subscribe to enjoy similar stories. KEVIN GOT the nod, in the end. On January 30th President Donald Trump picked Kevin Warsh to lead the Federal Reserve.

30.01 / 11:13

UPS Citi Provident economy Research show social Economic Survey: Gig workers face constant income insecurity, isolation and burnout

Subscribe to enjoy similar stories. The Economic Survey 2026, released on Thursday, flagged rising vulnerabilities among migrant and gig workers as risks to labour productivity. It noted that many migrants who move to urban hubs face loneliness and social isolation despite financial gains.

30.01 / 08:03

markets UPS economy wellness pandemic Why worries about American job losses are overstated

Subscribe to enjoy similar stories. Everyone is gloomy about America’s jobs market. Investors talk of a “K-shaped" economy, in which growth is buoyed by an exuberant stockmarket and artificial-intelligence investment, while ordinary Americans languish.

30.01 / 08:03

markets Target economy wellness Trade reports rights Powell exudes confidence about the economy. The Fed can wait to cut rates.

Subscribe to enjoy similar stories. As Jerome Powell’s term winds down as chair of the Federal Reserve, America’s central banker believes he is leaving the economy on “a firm footing." That suggests a lengthy pause in interest-rate cuts. As Powell explained at a press conference Wednesday, which followed the Jan.

30.01 / 04:39

COST economy Align Discover Universities social testing The background and importance of ‘delayed gratification’, the signature phrase in the Economic Survey 2025-26

Subscribe to enjoy similar stories. NEW DELHI : The marshmallow test, a social experiment at Stanford University in the 1960s and 1970s, made a comeback Thursday halfway across the world in New Delhi—in the Economic Survey penned by chief economic adviser Venkatramanan Anantha Nageswaran and team. The test, credited to American psychologist Walter Mischel, was simple.

30.01 / 04:39

markets COST Provident Manufacturing economy Sustainability Trade Economic Survey: Can India sustain a high pace of growth in a highly uncertain world?

Subscribe to enjoy similar stories. The world has not experienced such high uncertainty as today since World War II ended 80 years ago. Can India sustain the high economic growth that it has maintained since the pandemic under such conditions—or even strengthen its growth potential? This is the central theme of the Economic Survey 2025-26 released on Thursday.

30.01 / 03:01

COST UPS Gap Analysis economy Trade Economic Survey: The shift India’s economy must make for resilience against forces it can’t control

Subscribe to enjoy similar stories. This year’s Economic Survey has been published under the shadow of a geo-economic upheaval. Although it strikes an optimistic note on India’s economy, it offers a realistic assessment of the global risks we face.

30.01 / 01:35

markets UPS CEO economy pandemic 2020 US companies are still slashing jobs to reverse pandemic hiring boom

Subscribe to enjoy similar stories. The new era of corporate cost-cutting is hitting American workers with full force. Big companies from Amazon.com to UPS are slashing jobs, looking to shrink their head counts after years of breakneck growth.

30.01 / 00:35

markets Strategy economy Food MSCI Trade Beyond the Goldilocks glow: Budget priorities on 1 February

Subscribe to enjoy similar stories. India goes into the Union budget with what looks like a “Goldilocks" macro mix: growth is steady, inflation seems under control, the fiscal glide path is intact, and sovereign ratings are up a notch. Yet, the economy is sending mixed signals that the budget cannot ignore.

29.01 / 14:19

markets UPS Platform economy Food community information How India’s informal watchdogs are forcing consumer brands to clean up their act

Subscribe to enjoy similar stories. Bengaluru: In April 2023, when Revant Himatsingka, 33, posted a video criticizing the high sugar content in Bournvita, pointing out that it made up a third of every serving (7.5 gm in every 20 gm), he expected the video to go viral. What he did not expect was to receive a notice from the brand’s legal team.

29.01 / 10:05

markets UPS economy Research Universities poverty Economists get cold feet about high minimum wages

Subscribe to enjoy similar stories. IN THE BARRIO of Iztapalapa, on Mexico City’s eastern flank, the pavements stay busy even in the punishing afternoon sun. Street vendors hawk snacks from metal carts; waiters from corner taquerías weave between tables and traffic; cashiers in the ubiquitous convenience stores ring up a steady stream of small purchases.

29.01 / 09:23

markets economy Trade President show track The Dollar seems doomed. Why some economists are pushing back.

Subscribe to enjoy similar stories. The dollar is staring at its sharpest January slide in eight years, following a dismal 2025. While many investors take a negative view on the greenback, some are betting on a rebound sparked by resilient U.S.

29.01 / 09:17

markets UPS ETF economy Trade reports Gold demand to remain strong as investors reassess risk, WGC says

Subscribe to enjoy similar stories. Global demand for gold is expected to remain strong this year, driven by lower interest rates, uncertainty in bond markets and persistent geopolitical risks, the World Gold Council said after bullion crossed the $5,000 mark for the first time. “Gold’s appeal as an all-weather hedge relative to fixed income should continue to attract material investor demand into 2026, and possibly beyond," the trade group said Thursday in its quarterly report.

29.01 / 07:45

markets UPS Strategy economy Sustainability Election politician Andy Mukherjee: Why India’s budget-makers can’t ignore Japan’s nervous market for government bonds

Subscribe to enjoy similar stories. The sharp selloff in Japanese bonds has a message for India’s budget. If bond vigilantes could bring such turmoil to a global safe haven on the mere hint of a tax slippage, they could rip apart any sign of fiscal recklessness in a developing economy faced with a chronic shortfall of resources to create jobs and provide welfare.

29.01 / 02:31

Manufacturing Mobile economy Trade students stage India-EU trade accord: Three aspects that’ll shape its success and four hoops it must jump through

Subscribe to enjoy similar stories. India’s recently concluded free trade agreement (FTA) with the EU, almost two decades in the making, has injected fresh energy into the country’s geo-economics. It offers strategists on both sides greater latitude to pursue higher economic and perhaps even geopolitical ambitions.

29.01 / 01:37

markets FIVE economy President Justice Department Investigations Fed holds rates steady for first time since July

Subscribe to enjoy similar stories. WASHINGTON—The Federal Reserve entered a new holding pattern on interest rates Wednesday and offered little clarity on when cuts might resume after contentious reductions at officials’ three previous meetings. The decision to hold the benchmark federal-funds rate steady in a range between 3.5% and 3.75% was approved on a 10-2 vote.

28.01 / 14:53

Citi Gap economy Election pandemic Interviews Mamdani presses for tax hike on New York’s wealthiest as budget deficit looms

Subscribe to enjoy similar stories. Mayor Zohran Mamdani says New York City is facing an unexpected $10 billion projected budget deficit in the coming year and plans to push state lawmakers to increase taxes on high-income New Yorkers and corporations to close the hole. “We must raise taxes on the wealthiest few in New York City so that we can invest in the many," the newly elected Democratic socialist mayor of the country’s largest city said in an interview Tuesday.

28.01 / 13:07

markets UPS Provident Target Mobile economy wellness Eight things to watch out for in the Union budget

Subscribe to enjoy similar stories. As finance minister Nirmala Sitharaman sets out to present her record ninth consecutive Union budget, the Indian economy is experiencing a rare goldilocks period of high economic growth and low inflation. At the same time, uncertainty abounds as the world is disrupted by geopolitical crises and tariff wars which have upended global trade like never before.

28.01 / 10:35

economy Election community wellness Trade President country Venezuelans suddenly have hope for the Economy. Less so for democracy.

Subscribe to enjoy similar stories. CARACAS, Venezuela—Weeks after a U.S. military raid ended the 13-year rule of Nicolás Maduro, Venezuelans are living through a whiplash transition that feels less like a democratic dawn and more like an economic takeover.

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