Recent Highlights
All Stories for Economy
Why India’s festive season spending surprised markets
Fp Staff • 22 days agoWhile surge in spending and consumption was expected in the festive season, the scale took the industry by surprise — and many sectors struggled to catch up with the rising demand. The spending has not yet ended and continues to drive the economy.
Indian economy to grow more than expected at 6.7% this year, say economists
• 26 days agoThe Indian economy will grow more-than-expected at 6.7% in 2025-26, according to an economists' survey.
UK faces worst living standards growth, highest inflation growth in West, says IMF
Fp Staff • 1 month agoIn a double blow to British Prime Minister Sir Keir Starmer's efforts to raise living standards, the IMF has warned that the UK will see the worst living standards growth and the highest growth in inflation in the Western world next year.
'Xi just had a bad moment': Trump after Vance urges China to 'choose the path of reason'
Fp Staff • 1 month agoAmid tensions between the United States and China over the tariffs, US President Donald Trump and his Vice President JD Vance signalled openness on Sunday to resume talks on a trade deal
Gold on fire: Shoots past $4,000 in a first, over 100% jump in 2 years; returns outstrip equities
Fp Staff • 1 month agoGold has smashed past the $4,000 mark for the first time, fueled by US economic concerns, government shutdown risks, and soaring investor demand for safe-haven assets, but what’s really behind this record-breaking rally?
As France battles debt crisis, a ‘rockstar’ economist polarises nation’s politics
Fp Staff • 1 month agoAs France deals with a ballooning debt crisis and a political deadlock around it, economist Gabriel Zucman has emerged as the most polarising figure. His proposed 2% wealth tax —dubbed the 'Zucman tax— on all households earning above €100 million has divided the French politics.
Amid govt shutdown, US delays 100% pharma tariffs: Report
Fp Staff • 1 month agoLast week, US President Donald Trump threatened triple-digit tariffs on pharmaceutical imports, which were supposed to go into effect on Wednesday. However, the White House is now saying that it may not need to impose them for now.
Under Trump, US factory output shrinks for seventh straight month
Fp Staff • 1 month agoEven as US President Donald Trump came to office with the promise to shore up manufacturing, he has presided over the sector's continuous decline. In September, the US factory output fell for the seventh straight month.
Charlie Javice gets 7 years in jail for $175-million JPMorgan fraud case: Who is the millennial startup founder?
Fp Explainers • 1 month agoFormer Frank CEO Charlie Javice has been sentenced for defrauding JPMorgan Chase in a $175-million acquisition deal. Accused of inflating user numbers to mislead the bank, Javice’s case has become one of the biggest recent corporate fraud scandals in the US
Zero income, luxury lifestyle: Can Pakistan fix its broken tax system?
Fp Explainers • 1 month agoPakistan’s tax system is facing intense criticism as millions file zero-income returns while flaunting immense wealth online and offline. With only two per cent of citizens paying income tax and nearly half of 2024’s returns declaring no earnings, the Federal Board of Revenue is cracking down through social media tracking and whistleblower rewards