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Current Affairs

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Domain: Economics: Understanding Economic Systems ×

Current affairs articles

Geopolitics

Britain is OK with public ownership, but only by foreign powers. Why?

The Guardian – World · Europe

Arthur Downing, author of Power and the People: A History of British Energy, says all-encompassing rapid transition will need a mutualised systemHave you ever …

Geopolitics

Oil prices jump 1% as US-Iran strikes deepen fears of supply disruption

Times of India – World · India

- Determine monthly loan installments for accurate repayment planning. - Estimate SIP returns and calculate PPF/FD maturity & interest. - Calculate NPS pen…

Geopolitics

Trump puts pressure on squeezed US oil refiners to ease pump prices

South China Morning Post – World · China

President Donald Trump pressed US oil refiners to boost domestic production of petrol and diesel during a closed-door meeting on Tuesday, as he contends with h…

Geopolitics

GST inflow rises by double digits 3rd month in a row

Times of India – World · India

- Estimate monthly loan installments and SIP returns. - Check PPF/FD maturity and interest earned. - Calculate NPS pension and accumulated corpus. - Use …

Geopolitics

US urges G20 to cut trade imbalances, focus on China

Al Jazeera – News · Middle East

US Treasury Secretary Bessent urges other G20 countries to do more to protect their economies from Chinese imports.

Geopolitics

Remarkable US oil deal puzzles analysts - and angers many Venezuelans

BBC News – World · Europe

Amounting to 65 billion barrels of crude, the deal is labelled by one ex-envoy as a colonialist "fever dream".

Geopolitics

PM Modi repeats call to 'shun unnecessary gold buys, foreign weddings & holidays'

Times of India – World · India

- PM Modi praises India's economic resilience amid global crises. - GDP growth exceeded expectations, boosting confidence. - Economy showed strength during…

Geopolitics

Carney Tells Trump Officials to ‘Stop Throwing Shade’ Over Canada-U.S. Trade Talks

The New York Times – World · US

Amid a trade war, Canada’s Liberals swept three special votes and new polling suggested strong support for Prime Minister Mark Carney and his retaliatory tarif…

Tech & Startups

Best Amazon Labor Day Deals (2026): Sony, Shark, Anker

Wired · Global

These are the 15 best Amazon Labor Day deals on WIRED-tested, WIRED-recommended products in 2026.

Geopolitics

Nepal’s Economy Has Few Ways to Absorb the Cost of Flood Damage

The New York Times – World · US

The country’s government estimates that the recent catastrophic floods caused $5 billion in damage. That’s one-tenth of Nepal’s entire economy.

Geopolitics

Private equity keeps picking off London-listed firms – and Westminster barely notices | Nils Pratley

The Guardian – World · Europe

Bodycote is the latest FTSE 250 industrial company set to fall to an overseas bidder, despite the government’s talk of ‘reindustrialising’The UK is in the busi…

Geopolitics

UPI gets festive boost: Digital payments hit a record 24.51 bn transactions in August

Times of India – World · India

In August, Unified Payments Interface hit an all-time high for monthly transaction volumes, largely fueled by festive celebrations like Raksha Bandhan that enc…

Geopolitics

France targets Shein and Temu with fast fashion fees

BBC News – World · Europe

The levy on "ultra-fast fashion" items could reach almost €20 per garment by 2030.

Geopolitics

House prices head for historic 10% drop as fourth interest rate hike looms

The Guardian – World · Europe

Cotality data reveals property prices are now falling in more than 90% of Australian suburbs, while analysts expect market downturn to continueGet our breaking…

Geopolitics

War and sanctions deepen Iran's fuel crisis

Deutsche Welle (DW) – World · Europe

Long lines at fuel stations are spreading across Iran as war damage, import constraints and new US sanctions squeeze supplies.

Geopolitics

UK long-term borrowing costs could halve chancellor’s budget headroom

The Guardian – World · Europe

Yield on 30-year gilts highest since 1998 as rout triggered by global factors underlines tricky backdrop John Healey facesBusiness live – latest updatesThe cha…

Geopolitics

Bond Sell-Off Threatens to Squeeze Borrowers Around the World

The New York Times – World · US

Government yields are hitting multi-decade highs, reflecting anxiety about debt levels, deficits and inflation. The effects will extend to mortgages, business …

Geopolitics

If a ‘great rebalancing’ is coming, will China really have to pay for it?

South China Morning Post – World · China

Michael Pettis says a great rebalancing is coming and China will pay for it. It’s strange how the man who insists that power decides who pays never tests his c…

Geopolitics

Centre halves sugar stock limit for dealers to curb hoarding, price rise

Times of India – World · India

- Calculate monthly loan installments, SIP returns, PPF maturity, and interest. - Estimate FD maturity, NPS pension, and corpus. - Use Mutual Fund Calculat…

Geopolitics

India's GDP grows 7.8% in Q1: Factors powering the economy despite global turmoil

Times of India – World · India

In the first quarter, India showcased impressive economic resilience with a remarkable 7.8% GDP growth. The surge was notably driven by a surge in domestic dem…

Geopolitics

As Chinese chipmakers snap up local gear, self-sufficiency drive faces commercial test

South China Morning Post – World · China

Chinese chipmakers are setting increasingly aggressive targets to source production equipment locally, adding pressure on domestic toolmakers to come up with m…

Geopolitics

Australian home prices extend decline as inflation, rate fears weigh

Times of India – World · India

Australian home prices dropped for a fifth month in August. Sydney and Melbourne saw significant declines, now seven percent below peaks. Higher borrowing cost…

Geopolitics

Foreign investors expected to eye more China A shares – but pace set to ease: analyst

South China Morning Post – World · China

Foreign investors are expected to keep adding to their China A-share holdings, though the pace of buying is likely to slow from the surge in the first half of …

Startups

Close to half the merchants not willing to pay MDR on UPI: Survey

Your Story · India

LocalCircles surveyed 32,796 people across districts for this study. MDR is a fee paid by businesses to payment processors for accepting digital payments.

Geopolitics

Iran’s economy in crisis as US launches new sanctions campaign

The Guardian – World · Europe

Trump’s Operation Economic Outcast is expected to push many Iranians into deeper poverty as food inflation soarsFor many Iranians, the new US sanctions campaig…

Geopolitics

G20 countries should consider more trade barriers on China to cut imbalances, Bessent says

The Hindu – World · India

Mr. Bessent said in an interview ahead of a G20 finance leaders meeting that the current flood of exports from China was unsustainable, even though the U.S. di…

Geopolitics

How the US-Canada trade war is being felt on both sides of the border

BBC News – World · Europe

The US-Canada trade war is being felt on both sides of the border.

Geopolitics

Malaysia’s Anwar unveils cost of living measures as opposition rises

South China Morning Post – World · China

Malaysian Prime Minister ⁠Anwar Ibrahim on Sunday ⁠introduced measures to address rising living ⁠costs and support businesses, including restoring higher quota…

Geopolitics

India’s economy set for 7-7.2% growth in FY27 despite global headwinds: EY

Times of India – World · India

India's economy is poised for significant growth in FY27, with forecasts suggesting an expansion between 7 and 7.2 percent. This anticipated surge in economic …

Geopolitics

How China’s liquor heartland traded old spirits for new energy

South China Morning Post – World · China

Wuliangye, China’s second-largest liquor producer, is a household name. But Yibin, the lower-tier city in Sichuan province home to the famous baijiu maker, has…

Geopolitics

Will Hong Kong see fewer creditor-led commercial property sales as assets stabilise?

South China Morning Post – World · China

Financial distress in Hong Kong’s commercial property market has moderated but not been completely eliminated, analysts say, with highly leveraged asset owners…

Geopolitics

Northern Metropolis ‘large-scale land disposal’ a win-win, Paul Chan says

South China Morning Post – World · China

Fast-tracking the Northern Metropolis through a “large-scale land disposal” scheme underscores the government’s push to integrate technology, industry and tale…

Geopolitics

Russia turns to India for petrol as Ukraine attacks disrupt fuel supplies

Times of India – World · India

India's role as a major gasoline supplier to Russia has surged recently, particularly after Ukrainian drone strikes impacted Russian refinery activities. In Au…

Geopolitics

Mapping Iran war’s strikes on Gulf energy and its impact on future of oil

Al Jazeera – News · Middle East

US energy companies have reaped billions from rising oil price, but their assets in the region remain at risk.

Geopolitics

Elbows and Chin Up: A Whirlwind Week in the U.S.-Canada Trade War

The New York Times – World · US

After trade talks collapsed, Mark Carney rallied the nation, Canadian businesses stood defiant, and President Trump moved to rename Lake Ontario.

Geopolitics

War weighs on Iran's economy as U.S. intensifies sanctions

The Hindu – World · India

Washington has warned countries to ‌cut their business ties with Iran or face secondary sanctions, though the Treasury Department stopped short of imposing ‌pe…

Geopolitics

Icelanders Are Voting on E.U. Membership Talks. Here’s What to Know.

The New York Times – World · US

The Nordic nation is holding a referendum on Saturday on whether to start membership talks with the European Union. Voters are divided.

Startups

Meesho sees 36% rise in Rakhi orders as non-metro India drives festive shopping

Your Story · India

Non-metro locations accounted for 73% of all Rakhi orders this season for Meesho.

Geopolitics

Chinese power stocks slump after US grid ban: is the sell-off warranted?

South China Morning Post – World · China

Chinese power equipment stocks have tumbled after the United States moved to bar certain foreign-made grid equipment and related software, but some analysts be…

Geopolitics

US nears deal to secure stake in Venezuelan oil fields, insiders say

Al Jazeera – News · Middle East

Pact with Caracas would bolster US oil supplies for years to come, but may face legal challenges.

Geopolitics

Hong Kong home prices end 13-month upswing as tax fears weigh on demand

South China Morning Post – World · China

Hong Kong’s lived-in home prices fell 0.46 per cent in July, halting a 13-month upswing, according to the latest official data. The index tracking second-hand …

Geopolitics

Trump says U.S. doesn't need Canada; America's economy says otherwise

The Hindu – World · India

Donald Trump has imposed a 50% tariff on Canadian aluminium while acknowledging this week that the United States badly needs the metal

Geopolitics

Oil Prices Dip on News of Progress in Hormuz Talks

The New York Times – World · US

The two countries said they would create a temporary shipping lane and clear mines in the waterway. Global oil prices dipped after the joint announcement.

General

Oil prices dip as cautious optimism over Iran trumps new fears of Russian escalation in Ukraine

NBC News – World · US

Oil prices tumbled as headlines from the Middle East renewed optimism in global energy markets, and muted fears of a Russian escalation in Ukraine.

Geopolitics

India turns to US for LPG, LNG as Strait of Hormuz crisis hits Gulf supplies

Indian Express – World · India

- India increasingly relies on U.S. LPG/LNG due to Gulf supply disruptions from the Strait of Hormuz crisis, with U.S. accounting for 73% of August LPG imports…

Disclaimer

Content usage & attribution

At Shalyam, our Current Affairs section curates headlines and brief excerpts from publicly available RSS feeds of reputed publications. Each item links back to the original source for full reading, ensuring that the rights of the respective publishers are respected under the Indian Copyright Act, 1957.

We do not reproduce full articles; instead, we provide short snippets for reference along with our own commentary, insights, and fact-based analysis. All copyrights remain with the original publishers, and proper attribution is maintained for every article displayed.

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