Latest Economy News
US payrolls rise 172,000 in May, topping estimates: unemployment at 4.3%
The US labor market delivered another upside surprise in May, with employers…
India’s central bank holds 5.25% rate as oil shock tests RBI resolve
The Reserve Bank of India kept its benchmark repo rate unchanged at…
AI drives 40% of May layoffs as job cuts hit highest level since 2020
Artificial intelligence is rapidly reshaping the US labor market, with employers increasingly…
Venezuela emerges as key oil ally as India diversifies supplies
India and Venezuela are strengthening their energy partnership, with New Delhi describing…
US jobless claims rise to 225,000, but labour market remains largely resilient
The number of Americans filing new applications for unemployment benefits increased last…
India eyes tax overhaul to attract foreign money into bond market
India plans to scrap capital gains tax on foreign portfolio investor holdings…
