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RECESSION NEWS

Indian employers focus more on degrees, US prefers skills: Survey

July 25, 2023 9:56 am

However, the same trend has not been observed in the US, where employers are more interested in the skills, rather than the degrees.

ExplainSpeaking | Is US undergoing a ‘growth recession’?: Meaning and origins

July 06, 2023 10:35 am

US stock markets are soaring even as the economy struggles to avoid recession. The US is neither fully in recession nor growing to its full potential. What is happening in the US? And is it also happening in India?

New Zealand's economy dips into recession as higher interest rates bite

June 15, 2023 2:36 pm

New Zealand's gross domestic product fell by 0.1 per cent in the March quarter, following a revised 0.7 per cent fall in the previous quarter.

Recession fears: Diamond workers seek financial package from Gujarat govt

Amid impending recession fears, diamond workers seek financial package from state govt

May 31, 2023 5:28 am

In 2008, when the diamond industry had faced recession, the Gujarat government had announced a Ratnadeep Kaushalya Vardhak Scheme where the diamond workers would be trained to develop expertise in their own work.

An economic downturn in major parts of the global economy will keep India’s exports under pressure

Express View on global downturn: Slow and slower

May 29, 2023 10:28 pm

An economic downturn in major parts of the global economy will keep India's exports under pressure.

Germany's GDP shrinks by 0.3% in first quarter to put Europe's biggest economy into recession

May 25, 2023 1:45 pm

New figures show the German economy suffered an unexpected dip in the first quarter of this year, putting the country formally into recession.

Big US recession unlikely, says Standard Chartered CEO Bill Winters

May 08, 2023 4:16 pm

Central banks need "to make sure that solvent banks - otherwise healthy banks - have access to liquidity," Standard Chartered CEO Bill Winters said adding that the US Federal Reserve did not do a good job "in the eye in the storm".

Oil climbs as recession fears begin to fade

May 08, 2023 2:54 pm

A healthy US jobs report for April helped oil to climb by about 4 per cent on Friday even though labour market strength could compel the Federal Reserve to keep interest rates higher for longer.

US economy likely to fall into recession in late 2023 due to banking crisis, shows Fed minutes

April 13, 2023 2:12 pm

According to the minutes of the Federal Open Market Committee's March 21-22 meeting, several policymakers of the US central bank last month considered pausing interest rates after the failure of two regional banks.

Are inflation pressures easing? Jobs report may offer clues

April 07, 2023 10:03 am

The latest economic signs, though, increasingly suggest that an economic slowdown may be upon us as employers are posting fewer job openings while more Americans are lining up for unemployment aid.

RECESSION VIDEOS

Global market fears recession: market expert

January 14, 2016 7:14 am

Delhi, Jan 14 (ANI): Market Expert Akash Jindal on Thursday asserted that the breakdown of Chinese market and the reduction in crude oil prices might hit recession in the global market. He also said that the downfall of international market had bad impact on the Indian market.