Search For "global recession"
China's economy unlikely to move in 'highest gear' amid COVID outbreaks
Updated : 3 years, 3 months ago IST
Many businesses in China, particularly customer-facing ones, are afraid that they might not be able to survive till next year as China is still fighting some of the biggest outbreaks.
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Global growth expected to slow to 1.5 pc in 2023: SP Global Market Intelli
Updated : 3 years, 3 months ago IST
As the global economy faces an extended cooling-off period, real GDP growth is projected to slow to 2.9 per cent in 2022 and 1.5 per cent in 2023.
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Biden-Xi meeting wraps after more than three hours
Updated : 3 years, 4 months ago IST
The high-stakes meeting between US President Joe Biden and Chinese President Xi Jinping hit its three-hour mark. The talks began at 4:41 am ET.
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Asia-Pacific to dominate global growth in 2023: S&P Global Market Inte
Updated : 3 years, 4 months ago IST
Asia-Pacific region is expected to dominate global economic growth in 2023, supported by regional free-trade agreements, efficient supply chains, and competitive costs.
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Indian equities to remain volatile ahead of Diwali; corporate earnings in
Updated : 3 years, 5 months ago IST
Mumbai (Maharashtra) [India], October 8 (ANI): Corporate earnings and the central bank's action amid a slide in the value of the rupee are likely to keep the Indian equities markets' key indices - Sensex and Nifty - volatile in the coming weeks ahead of the Diwali festival.
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Hong Kong stocks stumble to lowest since 2011
Updated : 3 years, 5 months ago IST
Hong Kong, September 25 (ANI): Hong Kong stocks sank to the lowest since 2011 as the increased rate dented market confidence and heightened the worries of the looming recession.
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Risk of global recession rises amid simultaneous interest rate hikes: Worl
Updated : 3 years, 6 months ago IST
Washington [US], September 16 (ANI): As central banks across the world simultaneously hike interest rates in response to inflation, the world may be edging toward a global recession in 2023 and a string of financial crises in emerging markets and developing economies that would do them lasti
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Bangladesh textile faces major challenges amid global recession
Updated : 3 years, 7 months ago IST
Dhaka [Bangladesh], August 10 (ANI): Bangladesh's textile industry is currently facing major challenges due to the global recession and inflation as retailers in both European and US markets are either deferring the shipments of finished products or delaying orders due to soaring inflatio
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China likely to report grim economic performance in second quarter
Updated : 3 years, 8 months ago IST
Beijing [China], July 14 (ANI): China's coronavirus lockdowns in major cities has affected trade and daily life causing the country to report a grim performance in the second quarter and increasing concerns of a global recession.
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India's inflation could dip to 5 pc by March: SBI Research Report
Updated : 3 years, 8 months ago IST
New Delhi [India], July 14 (ANI): There is only 20-30 per cent likelihood of a global recession and chances of prolonged stagflation in the economy seem more, according to State Bank of India research report Ecowrap's latest edition, which has projected that India's inflation rate is expecte
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Weekly market review: Indian equities snap 2-week losing run; Sensex gains
Updated : 3 years, 8 months ago IST
Mumbai (Maharashtra) [India], June 25 (ANI): The Indian equities markets key indices snapped a two-week losing streak with the benchmark Sensex gaining 1,367 points in the week ended June 24 as a rebound in global equities amid a steady fall in crude oil prices bolstered investors' sentim
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India's forex reserves dip by $5.9 billion to $590.59 billion
Updated : 3 years, 8 months ago IST
Mumbai (Maharashtra) [India], June 25 (ANI): India's foreign exchange (forex) reserves slumped by $5.87 billion to $590.588 billion for the week ended June 17 as foreign portfolio investors pulled money out of the Indian equities amid mounting concerns of global recession, the Reserve Bank o
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