The US economy accelerated at the start of 2026, expanding at a modest 2 per cent pace from January through March after recovering from last fall’s 43-day federal government shutdown. But the outlook is clouded by the Iran war. The Commerce Department reported on Thursday that gross domestic product – the nation’s output of goods and services – rebounded from a lacklustre 0.5 per cent expansion the last three months of 2025. The federal government’s spending and investment grew at a 9.3 per cent...
The Committee of Bankers is looking into the issue of whether to allow exclusive distribution tie-ups for selling third-party products by banks or adopt an open architecture approach,” says Finance Minister
Focus has to be laid on giving a fillip to agriculture and industries sectors, which are critical to making progress, he says
China’s economy grew 5 per cent year on year in the first quarter of 2026, putting Beijing on track to meet its annual growth target even as the US-Israeli war on Iran continues to cloud the global economic outlook. The closely watched gross domestic product growth figure, released by the National Bureau of Statistics (NBS) on Thursday, beat the 4.86 per cent forecast by economists polled by financial data provider Wind. It marked an acceleration from the 4.5 per cent recorded in the last three...