Economy

CANBERRA, June 1 . Australia’s economy grew by 0.8 percent in the first quarter of 2022,…

US national average fuel price hits new record high

May 31, 2022

Washington, May 31. The US national average price for a gallon of regular fuel hit a…

Germany’s inflation reaches highest level since 70s oil crisis

May 31, 2022

Berlin, May 31 . Inflation in Germany hit 7.9 per cent in May, the highest level since…

Australian bank sued for overcharging on customer transactions

May 30, 2022

SYDNEY, May 30 . Australia’s financial regulator, the Australian Securities and Investments Commission (ASIC), has moved…

Global recession can stay for up to 18 months: Elon Musk

New Delhi, May 27 . Breaking his silence over the current global meltdown, Tesla CEO Elon…

UK announces levy on energy firms to ease cost-of-living crisis

London, May 27 . The UK announced that it will impose a 25 per cent levy on…

Under the new government, businesses are seeking for a way to survive.

Preston 27 May,2022(TIE)Small business must be a federal priority for economic recovery post-election. For employers, there…

Urban miner strikes gold with NAB and ABGF

An “urban mining” company which recovers commodities such as steel, copper and precious metals from old…

Urban miner strikes gold with NAB and ABGF

Preston 27 May,2022(TIE)An “urban mining” company which recovers commodities such as steel, copper and precious metals…

How To Survive In An Upcoming Recession In Australia

The Signs Of An Upcoming Recession Australia is starting to see some of the warning signs…

Russia-Ukraine war could cause global recession: World Bank chief

May 26, 2022

Washington, May 26. David Malpass, chief of the World Bank. has warned that Russia’s ongoing invasion…

NZ Reserve Bank expected to hike cash rate to two per cent

May 25, 2022

New Zealand’s Reserve Bank is holding its May cash rate decision today and it’s expected to…

RBA could lift rates higher, earlier as global forces threaten ‘small target’ Albo

May 25, 2022

The Albanese Government may face earlier and more aggressive interest rate hikes as global problems could…

India, Australia review cooperation under Comprehensive Strategic Partnership

May 24, 2022

New Delhi, May 24 . Prime Minister Narendra Modi and his Australian counterpart Anthony Albanese on…

Investment Incentive pact to continue US investment support in India: MEA

May 24, 2022

New Delhi, May 24. The Ministry of External Affairs on Tuesday said that Prime Minister Narendra…

May go for rate hike in June: RBI Governor

May 23, 2022

Chennai, May 23 . India’s central bank is mulling further rate hikes, said its Governor Shaktikanta…

Recession is ‘likely,’ former SEC chief economist says. Here’s his advice for how to prepare

May 22, 2022

By nearly every measure, the U.S. economy made a stunning recovery after the coronavirus pandemic spurred…

G7 countries determined to rein in rising inflation

May 21, 2022

Frankfurt, May 21 . The Group of Seven (G7) countries are determined to rein in the…

China to work with BRICS to promote common development: Xi

May 20, 2022

Beijing, May 20 . China is willing to work with all countries, including the BRICS nations,…

Report shows Aussie workers to lose thousands of dollars to inflation in 2022

May 19, 2022

SYDNEY, May 19 . Following the release of wage growth data on Wednesday, a report from…

Australian unemployment falls to 48-year low

May 19, 2022

CANBERRA, May 19 . Australia’s unemployment rate has fallen below 4 percent for the first time…

Global stock markets fall amid concern over rising prices

May 19, 2022

London, May 19 . Stock markets in Asia and the US have fallen over concerns that…

Aussie gov’t proposes scheme to allow first-homebuyers to dip into retirement savings

SYDNEY, May 18 . The Australian government has proposed a scheme to allow first-homebuyers to dip…

India’s economy back on track post-pandemic, ongoing Ukraine war: Moody’s

New Delhi, May 18 . Global financial services provider firm Moody’s Analytics said India’s economy is…

Britain’s unemployment rate drops to lowest since 1974

London, May 18. Britain’s unemployment rate fell to 3.7 per cent in the first quarter of…

Inflation top problem facing US: Survey

New York, May 18 . Amid swelling prices, most Americans see inflation as the biggest issue…

Rupee hits new low, falls 14 paise to 77.69 per US dollar

May 17, 2022

New Delhi, May 17. The Indian currency rupee touched yet another all-time low against the US…

EU revises growth forecast down, inflation estimate up

May 17, 2022

Brussels, May 17 . The Russia-Ukraine was has forced the European Commission to slash its annual…

Australian central bank signals future rate rises

May 17, 2022