January 28, 2023 4:29 pm
Among the positive signs are the continued expansion of the US economy and the reopening of China’s borders. However, rising inflation remains a cause for global concern
January 18, 2023 5:52 am
The MSME minister's remarks come ahead of the Union Budget, coincide with the BJP national executive, and are on the sidelines of a G20 event – all of which the party leadership is set to frown upon
January 17, 2023 1:03 pm
Union Minister Narayan Rane said India was likely to be hit with recession after June, and that the Centre was working towards handling it effectively and minimising its impact on the country.
January 16, 2023 7:06 pm
A majority of the economists see further monetary policy tightening in Europe and the United States (59% and 55%, respectively), with policy-makers caught between the risks of tightening too much or too little.
January 10, 2023 10:28 pm
The impact of a global downturn would fall particularly hard on poorer countries in such areas as Saharan Africa, where the World Bank predicts per capita income will grow just 1.2 per cent in 2023 and 2024.
December 29, 2022 1:58 pm
Two wars are raging in 2022, which have upended the assumption of “doux commerce”. We take a look at how the world got here.
October 26, 2022 11:14 am
One bright spot is that most major economies already in a recession or heading into one are starting with relatively low unemployment compared with previous downturns. Indeed the latest poll expects the smallest gap between growth rates and joblessness in at least four decades.
October 07, 2022 4:14 pm
While tax revenues have posted robust growth, it is being felt that the revenue trend will have to turn better during October-March, since non-tax revenues are not expected to be substantial.
September 16, 2022 5:47 pm
The World Bank study estimates 2023 global gross domestic product growth to slow to 0.5%, and contract 0.4% in per capita terms that would meet the technical definition of a global recession.
August 12, 2022 3:49 pm
The average U.K. household fuel bill has risen more than 50% this year as the war in Ukraine squeezes global oil and natural gas supplies.
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.