Rating agency Fitch cuts global growth forecast, sees RECESSION in UK & US close
European wholesale gas and electricity prices have risen nearly tenfold. Fitch now expects world GDP to grow by 2.4% in 2022 - revised down by 0.5 percentage point since the June estimate - and by just 1.7% in 2023, a cut of 1% point.
Sep 15, 2022, 09:49 AM IST
FM Nirmala Sitharaman hopes for double digit GDP growth and zero recession in India
Recent figures released by the Centre indicated that the nation clocked 13.5 per cent growth in GDP in the first quarter of the current financial year.
Sep 04, 2022, 08:16 AM IST
India overtakes UK to become world's fifth largest economy: Report
As per the report, India’s economy size in ‘nominal’ cash term in the quarter through march was $854.7 billion while the UK was $816 billion. It was on an adjusted basis and using dollar exchange rate.
Sep 03, 2022, 14:36 PM IST
FM Sitharaman says Indian economy is strong, govt can tame inflation
The finance minister said that both the government and the Reserve Bank are taking steps to bring down inflation below 7 per cent and further under 6 per cent.
Aug 02, 2022, 19:28 PM IST
‘Indian economy will not get into recession…’: Nirmala Sitharaman on inflation
The minister's reaction comes amid a heated debate between the Narendra Modi government and the opposition over price rise.
Aug 01, 2022, 20:12 PM IST
DNA: Understand from Anil Singhvi how to beware of economic slowdown?
The world is going through a period of fear of economic slowdown. To understand the situation, Sudhir Chaudhary, Editor-in-Chief of Zee News spoke to Anil Singhvi, Managing Editor of Zee Business. Understand what is economic slowdown and what should the common man do to avoid its effects.
Jun 16, 2022, 01:30 AM IST
DNA: Is world heading towards economic recession?
Inflation and economic slowdown are moving towards us on a fast pace. We should be careful before our income gets reduced and expenses double-up. Inflation is at its peak not only in India but also in America, Britain and Germany.
Jun 16, 2022, 01:18 AM IST
DNA: Why is inflation increasing in the world?
The negative trend of rising inflation is being seen all over the world. The big question is why is this happening? So the reason for this is the interest rates increased by the central banks.
Jun 16, 2022, 01:10 AM IST
Russia-Ukraine war could cause global recession: World Bank chief
Chief of the World Bank has warned that Russia`s ongoing invasion of Ukraine could cause a global recession.
May 26, 2022, 20:52 PM IST
Video: Good news about the economy
The Indian economy seems to be holding back momentum, leaving behind the recession. Check out the video for more information.
Feb 27, 2021, 14:12 PM IST
Japan braces for worst post-war slump as pandemic tips economy into recession
Monday`s first-quarter GDP data underlined the broadening impact of the outbreak, with exports plunging the most since the devastating March 2011 earthquake as global lockdowns and supply chain disruptions hit shipments of Japanese goods.
May 18, 2020, 12:16 PM IST
Period of lockdown, global recession, changes in consumer behaviour to shape economic activity: D&B
According to Dun & Bradstreet's latest Economy Forecast, the changes in consumer behaviour will determine the segments that are likely to flourish after the pandemic is brought under control.
May 01, 2020, 11:52 AM IST
World braces for recession as coronavirus pandemic threat grows
The world prepared for a coronavirus pandemic on Friday as hopes the disease could be contained to China vanished and investors dumped equities in expectation of a global recession. Share prices were on track for the worst week since the global financial crisis in 2008 as virus-related disruptions to international travel and supply chains fuelled fears of a recession in the United States and the Eurozone.
Feb 28, 2020, 12:19 PM IST
Recession fears hit Wall Street after grim China, German data
The outlook for Germany`s export reliant economy was also grim and Chinese industrial output growth cooled to a more than 17-year low, adding to headwinds for US multinationals that rely on global demand.
Aug 14, 2019, 17:50 PM IST
Japan PM Shinzo Abe delays tax hike in blow for Abenomics
Tokyo: Japanese Prime Minister Shinzo Abe on Wednesday said he would delay a sales tax hike that threatened to derail the fragile economy, but analysts said it highlighted the failure of his years-long efforts to spark growth.
IMF warns of economic risks from Brexit
The International Monetary Fund on Friday warned that Britain's potential exit from the European Union posed a "significant downside risk" to the economy.
May 13, 2016, 17:47 PM IST
Is ISIS facing fund crisis?
As US army is dropping bombs on the oil wells of Syria the ISIS is suffering huge losses and undergoing a recession. Due to this problem ISIS is not even giving a full salary to its terrorists.
Jan 19, 2016, 12:44 PM IST
Watch out for US recession, zero interest rates in China next year: Citi
The outlook for the global economy next year is darkening, with a US recession and China becoming the first major emerging market to slash interest rates to zero both potential scenarios, according to Citi.
Dec 02, 2015, 20:10 PM IST
Canada exits recession with 2.3% growth in Q3
Canada exited recession in the third quarter, as its economy bounced back with 2.3 percent annual growth after being hit by plunging oil prices earlier this year , the government statistics agency announced Tuesday.
Dec 01, 2015, 23:28 PM IST
Russia says recession over but economic pain goes on
An end to Russia's recession would imply an increase in GDP in the third quarter over the second, but Ulyukaev offered no quarter-on-quarter figures.
Nov 23, 2015, 22:19 PM IST
