China’s consumer-led growth model has failed: Former Morgan Stanley Economist

IANS | June 29, 2026 5:30 PM

New Delhi, June 29 (IANS) China’s retail sales fell 0.6 per cent year‑on‑year in May 2026 after a weak April, marking the first monthly decline in three and a half years, Stephen Roach, former Chief Economist and Asia Chair, Morgan Stanley, wrote on his Substack account, arguing that the country's prolonged effort to steer toward consumer‑led growth has failed.

Cricket's return is a landmark moment, says Jay Shah as ICC confirms qualification pathway for LA28 Olympics

IANS | June 29, 2026 5:10 PM

New Delhi, June 29 (IANS) Cricket's return to the Olympic Games after a 128-year absence moved a step closer on Monday after the International Cricket Council (ICC) and the International Olympic Committee (IOC) confirmed the qualification pathway for the men's and women's T20 competitions at the Los Angeles 2028 Olympics (LA28), with ICC Chairman Jay Shah hailing the development as a "landmark moment" for the sport.

India’s industrial growth accelerates to 5.1 per cent in May

IANS | June 29, 2026 5:06 PM

New Delhi, June 28 (IANS) India's industrial production clocked a 5.1 per cent growth in May this year compared to the same month of the previous year on the back of a strong growth in the manufacturing sector and a surge in the electricity & gas supply sector during the month, according to the new series data released by the Ministry of Statistics on Monday.

Pakistan's investment-to-GDP ratio falls to record low 13.1 pc: Report

IANS | June 29, 2026 4:57 PM

New Delhi, June 29 (IANS) Pakistan's investment-to-GDP ratio has fallen to a historic low of 13.1 per cent in 2024 from an average of around 18 per cent over nearly four decades, while foreign direct investment (FDI) has halved to 0.5 per cent of GDP, a report has said.

IOC, ICC unveil qualification pathway for cricket at LA28 Olympics

IANS | June 29, 2026 4:36 PM

New Delhi, June 29 (IANS) Cricket's return to the Olympic Games after a gap of 128 years took a significant step forward on Monday after the International Olympic Committee (IOC) approved the qualification system for the men's and women's competitions at the Los Angeles 2028 Olympics (LA28), outlining distinct qualification pathways for the two events.