global economy

Global economy to plunge into worst recession since WW-II: World Bank

Global economy to plunge into worst recession since WW-II: World Bank

The COVID-19 recession is the first since 1870 to be triggered solely by a pandemic, World Bank President David Malpass said in his forew...Read More

Global economy could witness losses worth up to USD 8.8 trillion due to COVID-19: ADB

Global economy could witness losses worth up to USD 8.8 trillion due to COVID-19: ADB

Of this, the impact on south Asian gross domestic product (GDP) will be to the tune of USD 142-218 billion.

COVID-19: Fitch sees global economy shrinking 3.9% in 2020

COVID-19: Fitch sees global economy shrinking 3.9% in 2020

Describing the coronavirus-induced recession as "unparalleled", Fitch Ratings has massively slashed its global growth forecast, saying th...Read More

Covid-19: Global economy bound to suffer 'severe recession', says IMF

Covid-19: Global economy bound to suffer 'severe recession', says IMF

The world economy, already "sluggish" before the coronavirus outbreak, is now bound to suffer a "severe recession" in 2020, IMF chief Kri...Read More

World rolling out aid measures to mitigate COVID-19 economic fallout

World rolling out aid measures to mitigate COVID-19 economic fallout

So far, more than 200 countries and regions are plagued by the virus, which has infected over 2.1 million people with over 143,000 deaths...Read More

IMF on The Great Lockdown: 2020 global growth to fall to -3%

IMF on The Great Lockdown: 2020 global growth to fall to -3%

It said, "It is very likely that this year the global economy will experience its worst recession since the Great Depression, surpassing ...Read More

UN says global economy could shrink by almost 1% due to COVID-19 pandemic

UN says global economy could shrink by almost 1% due to COVID-19 pandemic

The global economy could shrink by up to one per cent in 2020 due to the coronavirus pandemic, a reversal from the previous forecast of 2...Read More

Global economy could shrink by 1 pct in 2020 due to COVID-19 pandemic: UN

Global economy could shrink by 1 pct in 2020 due to COVID-19 pandemic: UN

As businesses lose revenue, unemployment is likely to increase sharply, transforming a supply-side shock to a wider demand-side shock for...Read More

RBI seeing light at end of tunnel

RBI seeing light at end of tunnel

The struggle now is to make the best of a very difficult situation with measures that first bring relief to those most affected by the ca...Read More

Clear that we have entered recession, it will be worse than 2009: IMF

Clear that we have entered recession, it will be worse than 2009: IMF

Washington: The coronavirus pandemic has driven the global economy into a downturn that will require massive funding to help developing n...Read More

Commentary: In war with coronavirus, China joins world to safeguard shared future

Commentary: In war with coronavirus, China joins world to safeguard shared future

China did not and will not stand aside when the crisis is causing human suffering, slowing the global economy, and upending people's live...Read More

Stock markets pose best rebound in worst week since 2009

Stock markets pose best rebound in worst week since 2009

Equities post biggest intra-day recovery after hitting lower circuit on Friday the 13th

CoVID, US-EU trade war, Gulf tension threaten global economy: EIU

CoVID, US-EU trade war, Gulf tension threaten global economy: EIU

New Delhi: The growth outlook for 2020 appears bleak, The Economist Intelligence Unit said on Wednesday and cited coronavirus, the US-EU ...Read More

Global economy will remain fragile in 2020, says Moody's

Global economy will remain fragile in 2020, says Moody's

Although Moody's does not expect a recession in 2020, recession risks are building, the report said.

US-China trade war to drag down global growth: IMF

US-China trade war to drag down global growth: IMF

Washington: The trade war between the United States and China will drag the global economy down with the gloomiest growth forecast for 20...Read More

Bhopal: ‘Youth with new ideas, innovation can bring global economy change.’

Bhopal: ‘Youth with new ideas, innovation can bring global economy change.’

“Application of information technology in architecture, planning and design opens up huge opportunities in achieving universal good,” Sin...Read More

India experiencing an even "more pronounced" effect of the global downturn: IMF

India experiencing an even "more pronounced" effect of the global downturn: IMF

Washington: The largest emerging market economies like India are experiencing an even "more pronounced" effect of the global downturn, ne...Read More

Oil prices can go ‘unimaginably high numbers’ if war between Saudi Arabia and Iran takes place: Saudi crown prince Riyadh

Oil prices can go ‘unimaginably high numbers’ if war between Saudi Arabia and Iran takes place: Saudi crown prince Riyadh

Tensions in the region surged following an attack on Saudi oil facilities on September 14. The attack was claimed by Iran-backed Houthi r...Read More

Decline in exports reflects sluggish global economic conditions: FIEO

Decline in exports reflects sluggish global economic conditions: FIEO

"Such a de-growth in exports is a reflection of sluggish global demand and rising tariff war"

G20 members discuss economy, trade in Osaka Summit

G20 members discuss economy, trade in Osaka Summit

As an escalating US-China trade war looms large, eyes are on whether the G-20 nations -- accounting for about 80 per cent of the world's ...Read More

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