Search For "recession"
COVID-19 pulls down monthly exports by 34.57 pc: FIEO
Updated : 5 years, 11 months ago IST
New Delhi [India], April 15 (ANI): Reacting to the highest-ever double-digit decline in monthly exports during March by 34.57 per cent at USD 21.41 billion, the Federation of Indian Export Organisations (FIEO) president Sharad Kumar Saraf on Wednesday said the spread of COVID-19 across the g
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Equity indices up by 2.5 pc in early trade, pharma and FMCG gain
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 15 (ANI): Equity benchmark indices moved up during early hours on Wednesday following positive cues from global markets.
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Global growth will turn sharply negative in 2020: IMF
Updated : 5 years, 11 months ago IST
Washington DC [USA], April 9 (ANI): While the trajectory of coronavirus pandemic remains uncertain, the International Monetary Fund (IMF) expects an economic crisis worse than the great recession of 2008.
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Industry bodies call for phased opening of economy with healthy stimulus d
Updated : 5 years, 11 months ago IST
New Delhi [India], Apr 8 (ANI): Industry bodies FICCI and ASSOCHAM on Wednesday called for phased opening up of the economy and re-starting growth with a stimulus package of 200 billion to 300 billion dollars (about Rs 15 lakh crore to 22 lakh crore).
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COVID-19: IMF says global economy in recession
Updated : 5 years, 11 months ago IST
New Delhi [India], Mar 28 (ANI): International Monetary Fund chief Kristalina Georgieva said that the global economy is now in a recession due to coronavirus.
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Sensex dips by 130 points despite RBI rate cut, fears of global recession
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], Mar 27 (ANI): Equity benchmark indices dithered in volatile trade on Friday as the Reserve Bank of India (RBI) reduced key repo rate by 75 basis points in line with central banks around the world to limit the economic slowdown amid rising coronavirus (COVID-19).
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Equity indices dip despite RBI rate cut, fears of global recession loom ov
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], Mar 27 (ANI): Equity benchmark indices trimmed morning gains and slipped into the red on Friday afternoon even as the Reserve Bank of India (RBI) reduced the key repo rate by 75 basis points in line with central banks around the world to help combat the economic
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Rising probability that large parts of world will slip into recession due
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], Mar 27 (ANI): Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday said that Monetary Policy Committee (MPC) has taken note of the global economic activity coming to a near standstill due to the coronavirus pandemic and added that large parts of the
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Airlines may suffer $252 billion revenue loss due to COVID-19
Updated : 5 years, 11 months ago IST
Geneva [Switzerland], Mar 25 (ANI): The International Air Transport Association (IATA) has updated its analysis of the revenue impact of the COVID-19 pandemic on the global air transport industry.
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Coronavirus-triggered recession may be worse than 2008 meltdown: IMF
Updated : 5 years, 11 months ago IST
Washington D.C. [USA], Mar 24 (ANI): The International Monetary Fund (IMF) expects that the coronavirus pandemic will cause a global recession in 2020 that will be as bad as 2008 financial crisis, IMF Managing Director Kristalina Georgieva said on Monday.
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Sensex plunges 3,935 points in biggest intraday fall as India goes into lo
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], Mar 23 (ANI): Equity benchmark indices closed 13 per cent lower on Monday with scrips across all sectors reeling under selling pressure amid the rapidly spreading coronavirus (COVID-19).
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Morgan Stanley, Goldman Sachs say global recession is here
Updated : 5 years, 12 months ago IST
New York [USA], Mar 18 (ANI): Economists from Morgan Stanley and Goldman Sachs now believe that novel coronavirus (COVID-19) is pushing the global economy into recession.
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