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Business / 5 hours ago
India’s economy now rivals whole continents: Here is how
India’s economy, which is projected at around US $4.1 trillion in 2025, is equivalent to the combined economies of a collection of its neighbouring and regional peers. India’s economy, which is projected at around US $4.1 trillion in 2025, is equivalent to the combined economies of a collection of its neighbouring and regional peers. According to the Asian Development Bank (ADB), India is expected to grow at 6.7% in the fiscal year ending March 2026, driven by robust domestic demand, rising rural incomes and a vibrant services sector.
Business / 1 week ago
Hermès beats Ferrari in luxury growth race
Between haute couture and high performance, Hermès and Ferrari have each posted impressive full-year results for 2024. Hermès reported consolidated revenue of €15.2 billion for 2024, a 15 % increase at constant exchange rates and 13 % at current rates. The French house also recorded a recurring operating income of €6.2 billion, representing 40.5 % of sales, and a net profit of €4.6 billion (about 30.3 % of sales).
Business / 3 weeks ago
The future of the global economy: How emerging nations are working to redefine power by 2075
By 2075, the global balance of economic power could look entirely different, with emerging nations from Asia, Africa, and Latin America taking centre stage. According to Goldman Sachs’ long-term projections, the world’s largest economies will no longer be dominated by Western powers. Instead, countries like China, India, Indonesia, and Nigeria are expected to lead a multipolar global order defined by demographic strength, industrial expansion, and technological adoption.
Politics / 3 weeks ago
The global development divide: where nations stand in 2025
The world remains deeply unequal in terms of development. A new study categorises countries into three broad groups, developed, developing, and least developed, showing how far apart nations still are in wealth, stability, and opportunity. The International Monetary Fund (IMF) classifies economies mainly as advanced or emerging, or developing based on income, industrialisation, and integration into the global financial system.
World / 3 weeks ago
Africa leads the world in population growth as Europe shrinks
The world’s population is still growing, but not evenly. According to the World Population Review, Africa is adding about 32.4 million people every year, making it the fastest-growing continent on Earth. Asia follows closely, increasing by around 29.5 million people per year. In contrast, Europe’s population is shrinking, losing nearly one million people annually.
Business / 4 weeks ago
Global dairy titans: Who tops the billion dollar league in 2025?
The global dairy industry is entering a defining moment. According to the latest Rabobank Global Dairy Top 20 report, growth across the world’s largest dairy producers has slowed to a near standstill, reflecting the combined pressure of lower milk prices, shifting consumer habits, and rising environmental demands. Yet amid these challenges, one truth remains unchanged: Lactalis still reigns as the world’s largest dairy company.
Technology / 8 weeks ago
Global smartphone leaders: U.S. takes the lead as mobile trends redefine 2025
Smartphones are no longer just a convenience; they are the backbone of modern life, driving everything from communication and commerce to entertainment and education. According to Newzoo’s Global Mobile Market Report, the United States continues to lead the world in smartphone penetration, with 81.6% of its population owning a smartphone. Japan follows closely at 78.6%, with Russia at 73.6%, while China and Indonesia hover around 68%.
World / 10 weeks ago
Africa set to power global population growth as world nears 10 billion
The world’s demographic map is changing rapidly, and the shift is most visible in Africa. Several African countries are set to experience extraordinary population growth by 2050, while other regions of the world will expand more slowly or even begin to decline. The United Nations’ World Population Prospects 2024 projects that the global population will climb from around 8.16 billion in 2024 to 9.66 billion by 2050.
Technology / 10 weeks ago
Global EV Landscape: Chinese OEMs surge while the plug-in hybrid rebounds
The global electric vehicle (EV) market experienced a dramatic transformation in 2024, with plug-in vehicle sales reaching new heights and the rivalry between Tesla and BYD intensifying. A report based on data from CleanTechnica shows that plug-in registrations exceeded 17 million units worldwide, marking a 26% year-over-year increase and pushing EVs to a 22% share of global auto sales.
