Search For "recession"
World Bank cuts global growth estimate for 2023 over recession risks
Updated : 3 years, 2 months ago IST
According to the World Bank's latest Global Economic Prospects report, global growth is slowing sharply in the face of elevated inflation, higher interest rates, reduced investment, and disruptions caused by Russia's invasion of Ukraine.
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World Bank says fragile economic conditions might usher in recession
Updated : 3 years, 2 months ago IST
Given fragile economic conditions, any new adverse development such as higher-than-expected inflation, an abrupt rise in key interest rates to contain it, a resurgence of the Covid-19 cases, or escalating geopolitical tensions could push the global economy into recession.
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Resilience in Asia-Pacific to prevent a global recession: S&P Global M
Updated : 3 years, 2 months ago IST
The overall economic resilience in the Asia Pacific region is expected to prevent a global recession even though mild recessions are forecast in the US and Europe.
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Indian stocks to exhibit resilience in 2023; EV, defence, infra in focus:
Updated : 3 years, 2 months ago IST
The positive outlook for 2023 is despite concerns emanating from the global slowdown and a possible recession in the Western economies due to the unwinding of monetary policy by central banks.
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Recession to hit a third of the world in 2023: IMF
Updated : 3 years, 2 months ago IST
Georgieva warned that 2023 is going to be tougher on the global economy than the one left behind. "Why? Because the three big economies, US, EU, China, are all slowing down simultaneously," she said.
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Outlook 2023: Equity investors need to take calibrated calls as headwinds
Updated : 3 years, 2 months ago IST
Some of the major concerns facing the equity markets are tightening monetary policy by various central banks to contain inflation, recessionary fears and high stock valuations.
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Outlook 2023: Indian real estate sector to keep rising, interest rates key
Updated : 3 years, 2 months ago IST
A global recession may have direct and considerable repercussions on the Indian commercial office market as it depends heavily on expansion by global corporates.
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Xi's zero Covid policy destroying China's economy
Updated : 3 years, 2 months ago IST
A Beijing-based citizen said, "I can feel the recession around me. Obviously, the economy is heading down. Fewer people in shopping malls, the disappearance of small businesses and higher prices for daily goods are better proof than official data. It is just a catastrophe now, not because of
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Searches for 'cost of living' highest in a decade in the US: Google report
Updated : 3 years, 2 months ago IST
The report said the latest Google Trends data found that "What does a recession mean for me?" was a breakout search in 2022 as Americans braced for things to get worse.
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Experts' Reaction To Repo Rate Hike: RBI's Move To Balance Inflation
Updated : 3 years, 3 months ago IST
New Delhi [India], December 10 (ANI/NewsVoir): RBI has announced a hike in Repo rates for the fifth consecutive time. The difference this time accounts for 35 bps, leading the interest rate from 5.90 to 6.25. RBI has been announcing minimum possible increases in repo rate for the last few mo
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84 per cent of Indian business leaders are optimistic about growth in 2023
Updated : 3 years, 3 months ago IST
Gurugram (Haryana) [India], December 9 (ANI/PRNewswire): Despite the global recession, India is emerging as a beacon of hope, according to a CXO survey by Benori Knowledge, a new-age provider of custom research and analytics solutions. Indian CXOs are overwhelmingly confident about the state
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India's G-20 presidency: Cometh the moment, cometh the leader
Updated : 3 years, 3 months ago IST
India's G-20 presidency comes at a crucial time when the world is in the process of a geopolitical shift amid the Russia-Ukraine war and a troubled global economy inching toward recession. India will be presiding over the G20 for the first time since its inception.
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