recession

Recovery is underway after worst global recession since World War II: IMF Managing Director Christine Georgieva

Recovery is underway after worst global recession since World War II: IMF Managing Director Christine Georgieva

A day after the International Monetary Fund forecast a global growth of six per cent for this year, IMF Managing Director Christine Georg...Read More

Privatisation of CPSEs during recession time a horrible idea: Former chief statistician Pronab Sen

Privatisation of CPSEs during recession time a horrible idea: Former chief statistician Pronab Sen

Privatisation of central public sector enterprises (CPSEs) in a recession time is a "horrible idea" as legitimate requirement of the fina...Read More

The Herculean labour of tackling 
recession & inflation, all at once

The Herculean labour of tackling recession & inflation, all at once

On the one hand, the RBI says it will pursue its accommodative policy as long as is necessary, to revive economic growth. So, money suppl...Read More

Cautious optimism is the watchword

Cautious optimism is the watchword

The progressive unlocking, coinciding with the festive season and pent-up demand, helped the economy deliver a positive surprise

In a first, India enters into technical recession

In a first, India enters into technical recession

India technically enters recession by registering negative growth in two successive quarters

India enters into technical recession for the first time in history: RBI Report

India enters into technical recession for the first time in history: RBI Report

After two successive quarters of GDP contraction, India has entered what is called a technical recession in the first half of 2020-21, s...Read More

We have not experienced a recession, in pre-Covid, during Covid and post-Covid times, says CM Baghel

We have not experienced a recession, in pre-Covid, during Covid and post-Covid times, says CM Baghel

There are many things that Bhupesh Baghel, CM of Chhattisgarh, can be proud about. One of them, often not talked about, is that as the ch...Read More

UK plunges into a deep recession, says Rishi Sunak admits

UK plunges into a deep recession, says Rishi Sunak admits

The UK economy plunged into a deep recession as it shrank 20.4 per cent between April and June at the height of the coronavirus lockdown,...Read More

New approaches vital as world grappling with worst recession in decades

New approaches vital as world grappling with worst recession in decades

Senior UN officials, Nobel laureates and eminent academic experts gathered virtually on Wednesday for the launching of a new UN report an...Read More

US economy at risk of double-dip recession amid COVID-19 resurgence

US economy at risk of double-dip recession amid COVID-19 resurgence

The resurgence of COVID-19 cases across the United States is raising the risk of a double-dip recession if the country is unable to reign...Read More

Singapore enters technical recession as GDP plunges 12.6% in Q2

Singapore enters technical recession as GDP plunges 12.6% in Q2

The decline in the gross domestic product (GDP) much worse than in the first quarter when GDP turned negative for the first time in a dec...Read More

India facing a medical-cum-economic emergency, says Rajasthan governor Kalraj Mishra

India facing a medical-cum-economic emergency, says Rajasthan governor Kalraj Mishra

Given the magnitude of the crisis, there is a compelling need for coordinated and concerted efforts by all stakeholders, viz., the Centra...Read More

India may register recession in third quarter of this fiscal: Report

India may register recession in third quarter of this fiscal: Report

According to Dun & Bradstreet's latest Economic Observer, the country's economic recovery will depend on the efficacy and duration of imp...Read More

Economy likely to contract by 5% in FY21: ICRA

Economy likely to contract by 5% in FY21: ICRA

Earlier, ICRA had predicted a contraction of around 1-2 per cent.

Powell warns of a possible sustained recession from pandemic

Powell warns of a possible sustained recession from pandemic

The Fed and Congress have taken far-reaching steps to try to counter what is likely to be a severe downturn resulting from the widespread...Read More

United States GDP report shows a damaged economy sliding into recession

United States GDP report shows a damaged economy sliding into recession

The US economy began 2020 riding the crest of a record-long expansion with every expectation that its 11th year of growth would not be it...Read More

Oil price crash: Why did US oil prices crash to $0 a barrel? What does it mean for us?

Oil price crash: Why did US oil prices crash to $0 a barrel? What does it mean for us?

On Tuesday morning, the price of a barrel of benchmark US oil plunged below $0.Such a steep drop in the oil benchmark prompted strong rea...Read More

World economy bound to suffer a "severe recession" in 2020: IMF

World economy bound to suffer a "severe recession" in 2020: IMF

A large global contraction in the first half of this year is inevitable, the International Monetary Fund has warned, asserting that the c...Read More

GDP growth may fall to 1.1% this fiscal: SBI report

GDP growth may fall to 1.1% this fiscal: SBI report

India's GDP growth may slide to 1.1 per cent in the current financial year, on account of the impact of coronavirus outbreak on the econo...Read More

Covid-19 pandemic sends Germany into recession, to last till mid-year

Covid-19 pandemic sends Germany into recession, to last till mid-year

Europe's economic powerhouse Germany plunged into recession in March, with the slump sparked by the coronavirus pandemic likely to last u...Read More

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