Search For "recession"
US economy 'maybe' headed towards recession, says Trump amid COVID-19 cris
Updated : 5 years, 12 months ago IST
Washington DC [US], Mar 17 (ANI): US President Donald Trump on Monday (local time) said that the country's economy "maybe" heading towards recession, even as the worldwide cases of the deadly coronavirus, which originated in China last year, continued to surge.
Read More
CPI-M says hike in excise duty on petrol, diesel criminal assault on peopl
Updated : 6 years ago IST
New Delhi [India], Mar 14 (ANI): The Communist Party of India-Marxist (CPI-M) on Saturday strongly condemned hike in excise duty on petrol and diesel, saying it is a "criminal assault on the people already suffering under economic recession."
Read More
Italy may face at least 2 months of recession due to coronavirus: Economy
Updated : 6 years ago IST
Rome [Italy], Mar 11 (Sputnik/ANI): Italy's economy may shrink for at least two months due to the outbreak of the novel coronavirus and subsequent emergency measures, the country's Economy Minister, Roberto Gualtieri, said on Wednesday.
Read More
Which firms will profit from Coronavirus outbreak?
Updated : 6 years ago IST
Singapore, Feb 24 (ANI): Last week Singapore's Ministry of Trade and Industry revised their 2020 GDP growth projections downwards to -0.5 to 1.5 per cent, confirming fears of an economic fallout from the coronavirus COVID-19. Just three days earlier, while visiting Changi Airport, the Prime
Read More
No recession as people are wearing coats, not 'kurta' says BJP MP
Updated : 6 years, 1 month ago IST
Ballia (Uttar Pradesh) [India], Feb 10 (ANI): BJP MP Virendra Singh Mast said here on Sunday that people are wearing coats and jackets instead of traditional 'kurta' and 'dhoti', which shows that there is no recession in the country.
Read More
Opposition parties target Centre, say economy on verge of recession
Updated : 6 years, 2 months ago IST
New Delhi [India], Jan 13 (ANI): The Congress and 19 opposition parties on Monday accused the BJP-led Central government of "complete mismanagement' of the economy.
Read More
DMK gives adjournment motion notice in LS over 'economic recession'
Updated : 6 years, 3 months ago IST
New Delhi [India], Dec 3 (ANI): Dravida Munnetra Kazhagam (DMK) has given Adjournment Motion Notice in Lok Sabha over 'economic recession and unprecedented job loss in information technology sector'.
Read More
Sitharaman in RS: Growth may have come down but not a recession yet
Updated : 6 years, 3 months ago IST
New Delhi [India], Nov 27 (ANI): Finance Minister Nirmala Sitharaman on Wednesday admitted that growth may have come down but said it is not a recession yet. She added that it will never be a recession ever in the country.
Read More
Despite recession, BRICS nations contribute to half of global economic dev
Updated : 6 years, 4 months ago IST
Brasilia [Brazil], Nov 14 (ANI): Prime Minister Narendra Modi on Wednesday (local time) said despite a global recession, member nations of the BRICS forum, including Brazil, Russia, India, China, and South Africa, contribute to almost half of the world's economic development.
Read More
Protests push Hong Kong into recession as economy shrinks 3.2 per cent in
Updated : 6 years, 4 months ago IST
Hong Kong, Oct 31 (ANI): Due to months of violent demonstrations, Hong Kong, the financial capital of Asia, has slipped into recession as its economy shrank 3.2 per cent in the third quarter.
Read More
Auto Majors bet on HnS Tech's Virtual Reality and Augmented Reality apps t
Updated : 6 years, 5 months ago IST
Chennai (Tamil Nadu) [India] Oct 14 (ANI/NewsVoir): At a time when India's automobile sector is reeling under a severe recession, the Chennai-based HnS Technologies, a leading digital solutions provider for the automobile industry in India, is helping the auto majors to boost their sales by
Read More
Congress says economy in crisis mode, targets Sitharaman
Updated : 6 years, 5 months ago IST
New Delhi [India], Oct 12 (ANI): The Congress party on Saturday accused the BJP-led Central government of monumental mismanagement of the economy, saying it has moved from "recession to crisis mode" and the fiscal deficit was far more than the estimates.
Read More