India signs $100bn free trade deal with four European nations

India has signed a free-trade agreement (FTA) with a group of four European countries that are not members of the European Union.   The deal with the European Free Trade Association (EFTA) will see investments in India of $100bn, the country’s trade minister says.   The EFTA is made up of Norway, Switzerland, Iceland and […]

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Japan avoids recession after economic growth figures revised

Japan has avoided falling into a technical recession after its official economic growth figures were revised.   The revised data shows GDP was 0.4% higher in the last three months of 2023 compared to a year earlier.   Provisional figures released last month indicated the second consecutive quarter of economic contraction.   Two quarters in […]

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US inflation rise casts doubt over interest rate cuts

The inflation rate in the US picked up in February, as prices for petrol and housing pushed higher.   The annual rate, which measures the pace of price increases, was 3.2% in February, up from 3.1% in January, the Labor Department said.   Airfare, car insurance and clothing were among the items driving the increase […]

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