The FY25 budget projected a 6.75% GDP growth, but finance ministry officials expect a maximum of 5%. They also predict that inflation is also likely to remain in double digits this year.

Businesses are trying to make the most of a short holiday shopping season brought by this year's late Thankgiving.

Nearly 40% of all Americans plan to shop on Black Friday, to kick off the holiday shopping season. Holiday sales are already expected to once again break records this year, with the National Retail ...

Wary of high prices, consumers plan to spend an average of $650 between Black Friday and Cyber Monday as retailers kick off ...

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The European Central Bank should continue cutting interest rates as euro-area inflation is likely to reach 2% in the first ...

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Inflation rose above the European Central Bank’s target in the eurozone this month, though likely not enough to deter ...

When accounting for the various policies, Deutsche Bank estimates the US economy will grow at an annualized rate of 2.5% in ...

HONG KONG — (AP) — Asian shares were mixed on Friday after U.S. markets were closed Thursday due to the Thanksgiving holiday.

Consumers are seeking deals and being choosier about their spending in the crucial final weeks of the year, executives say.