Economics

The Labour government has announced the elimination of the controversial two-child benefit cap, a policy change that will remove 450,000 children from poverty by the end of the decade. Prime …

Rachel Reeves confronted an embarrassing crisis when the Office for Budget Responsibility prematurely released her entire budget document, exposing £26 billion in planned tax increases before she could present them …

The US Department of Commerce is poised to approve a significant expansion of its steel tariff program after a second consultation in three months yielded requests to tax 700 new …

S&P Global Ratings has revised India’s GDP growth forecast for the fiscal year 2025-26 downward to 6.3%, citing rising concerns over the ripple effects of the United States’ shifting tariff …

Ukraine is on the verge of finalizing a pivotal minerals agreement with the United States, signaling a major step in economic and strategic cooperation amid ongoing peace discussions with Russia. …

Starting Friday, U.S. consumers will see price hikes on millions of imported goods as former President Donald Trump’s executive order takes effect, ending the long-standing “de minimis” tariff exemption for …

India needs to moderate its elevated public debt levels to reduce interest burdens and improve its global credit rating, said Economic Affairs Secretary Ajay Seth at the ISAAC Centre for …

 India’s industrial production (IP) growth rose modestly by 3% year-on-year in March, falling short of expectations due to weaker outputs in mining and manufacturing. Economists believe this subdued performance underscores …