Coronavirus Recession
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Recession Will Hit A Third Of The World In 2023, Warns IMF Chief Kristalina Georgieva
The statement comes at a time when the ongoing conflict in Ukraine shows no signs of abating after more than 10 months, with spiralling inflation, higher interest rates and the surge in coronavirus infections in China fuelled by the Omicron variant.
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Indian Equities Could Face Rough Weather in 2023 As Global Uncertainties Persist
Global factors like recession fears, geopolitical risks and rising coronavirus cases in China could keep equity markets volatile.
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U.S. Oil Settles Below $100 A Barrel On Economic Worries, Strong Dollar
U.S. crude oil price settled below $100 a barrel on Tuesday to its lowest level in two weeks as the demand outlook was pressured by coronavirus lockdowns in China and growing recession risks, while a strong dollar made crude more expensive for buyers using other currencies.
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U.S. Oil Settles Below $100 A Barrel On Economic Worries, Strong Dollar
U.S. crude oil price settled below $100 a barrel on Tuesday to its lowest level in two weeks as the demand outlook was pressured by coronavirus lockdowns in China and growing recession risks, while a strong dollar made crude more expensive for buyers using other currencies.
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Ark's Wood Remains Bullish On Tesla As U.S. Recession Fears Rise
Star stock picker Cathie Wood of Ark Invest remained bullish on top holding Tesla Inc. despite growing fears of a U.S. recession and shutdowns of the car maker's Shanghai factory due to spiking coronavirus cases.
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In 2020 The Ultra-Rich Got Richer. Now They're Bracing For The Backlash
In 2020, as the world convulsed under COVID-19 and the global economy faced its worst recession since World War II, billionaires saw their riches reach new heights.
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GDP Data Today: As India Looks Set To Exit Recession, Virus Spike Worry
As India's economic fortunes stand at the cusp of a turnaround, a spike in coronavirus cases across its key business centers risks undoing some of the gains.
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India's Medium-Term Growth To Slow To Around 6.5% After Initial Rebound: Fitch
Fitch said India's coronavirus-induced recession has been among the most severe in the world, amid a stringent lockdown and limited direct fiscal support
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"Faster Recovery Than Expected": RBI Ups GDP Forecast From -9.5% To -7.5%
The Reserve Bank of India's Monetary Policy Committee today left the key lending rate unchanged at 4 per cent as expected, but said it will ensure ample liquidity for stressed sectors to keep a nascent economic recovery on track. The decision comes at a time when the country has entered technical recession amid high levels of inflation as it strug...
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At -7.5%, GDP Rebounds But India Now In Technical Recession
India's gross domestic product (GDP) contracted 7.5 per cent in the July-September period, as the economy rebounded from a record slump of 23.9 per cent in the previous quarter due to slowdown caused by the coronavirus pandemic. Friday's data confirms the economy's first technical recession - which is two consecutive quarters of GDP contraction - s...
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Covid Crisis Dominates G20 Summit In Saudi, First For An Arab Nation
Saudi King Salman opened the G20 summit Saturday in a first for an Arab nation, with the virtual forum dominated by efforts to tackle the coronavirus crisis and the worst global recession in decades.
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After Recession Warning, Government's New Moves On Economy: 10 Facts
The government today announced new measures to support the manufacturing sector and create jobs after the Reserve Bank of India said the country was set to enter a recession with estimates of another quarterly contraction. The country's economy has been badly hit by the coronavirus pandemic, with growth shrinking by a record 23.9 per cent between A...
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Masks, Special Separators In 1st Parliament Session In Covid Times
With shields of hardened plexiglass installed around each bench, now only accommodating three instead of six parliamentarians, the Lok Sabha met for 20 minutes and then recessed for an hour on the first day of the Parliament's 18-day Monsoon session.
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Japan Manufacturers Remain Gloomy For 14th Month: Report
Japan's manufacturers remained pessimistic for the 14th straight month in September, and though the gloom eased somewhat the broad results of the Reuters Tankan survey pointed to a painfully slow recovery for the coronavirus-stricken economy. The result underlines the huge challenge the country's next leader succeeding Prime Minister Shinzo Abe wil...
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"Trump Negligence In Handling Pandemic Led To US recession": Joe Biden
Joe Biden courted working class voters in hotly contested Michigan Wednesday as he warned that President Donald Trump's "negligence" in handling the coronavirus pandemic plunged the nation into recession.
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Recession Will Hit A Third Of The World In 2023, Warns IMF Chief Kristalina Georgieva
The statement comes at a time when the ongoing conflict in Ukraine shows no signs of abating after more than 10 months, with spiralling inflation, higher interest rates and the surge in coronavirus infections in China fuelled by the Omicron variant.
-
Indian Equities Could Face Rough Weather in 2023 As Global Uncertainties Persist
Global factors like recession fears, geopolitical risks and rising coronavirus cases in China could keep equity markets volatile.
-
U.S. Oil Settles Below $100 A Barrel On Economic Worries, Strong Dollar
U.S. crude oil price settled below $100 a barrel on Tuesday to its lowest level in two weeks as the demand outlook was pressured by coronavirus lockdowns in China and growing recession risks, while a strong dollar made crude more expensive for buyers using other currencies.
-
U.S. Oil Settles Below $100 A Barrel On Economic Worries, Strong Dollar
U.S. crude oil price settled below $100 a barrel on Tuesday to its lowest level in two weeks as the demand outlook was pressured by coronavirus lockdowns in China and growing recession risks, while a strong dollar made crude more expensive for buyers using other currencies.
-
Ark's Wood Remains Bullish On Tesla As U.S. Recession Fears Rise
Star stock picker Cathie Wood of Ark Invest remained bullish on top holding Tesla Inc. despite growing fears of a U.S. recession and shutdowns of the car maker's Shanghai factory due to spiking coronavirus cases.
-
In 2020 The Ultra-Rich Got Richer. Now They're Bracing For The Backlash
In 2020, as the world convulsed under COVID-19 and the global economy faced its worst recession since World War II, billionaires saw their riches reach new heights.
-
GDP Data Today: As India Looks Set To Exit Recession, Virus Spike Worry
As India's economic fortunes stand at the cusp of a turnaround, a spike in coronavirus cases across its key business centers risks undoing some of the gains.
-
India's Medium-Term Growth To Slow To Around 6.5% After Initial Rebound: Fitch
Fitch said India's coronavirus-induced recession has been among the most severe in the world, amid a stringent lockdown and limited direct fiscal support
-
"Faster Recovery Than Expected": RBI Ups GDP Forecast From -9.5% To -7.5%
The Reserve Bank of India's Monetary Policy Committee today left the key lending rate unchanged at 4 per cent as expected, but said it will ensure ample liquidity for stressed sectors to keep a nascent economic recovery on track. The decision comes at a time when the country has entered technical recession amid high levels of inflation as it strug...
-
At -7.5%, GDP Rebounds But India Now In Technical Recession
India's gross domestic product (GDP) contracted 7.5 per cent in the July-September period, as the economy rebounded from a record slump of 23.9 per cent in the previous quarter due to slowdown caused by the coronavirus pandemic. Friday's data confirms the economy's first technical recession - which is two consecutive quarters of GDP contraction - s...
-
Covid Crisis Dominates G20 Summit In Saudi, First For An Arab Nation
Saudi King Salman opened the G20 summit Saturday in a first for an Arab nation, with the virtual forum dominated by efforts to tackle the coronavirus crisis and the worst global recession in decades.
-
After Recession Warning, Government's New Moves On Economy: 10 Facts
The government today announced new measures to support the manufacturing sector and create jobs after the Reserve Bank of India said the country was set to enter a recession with estimates of another quarterly contraction. The country's economy has been badly hit by the coronavirus pandemic, with growth shrinking by a record 23.9 per cent between A...
-
Masks, Special Separators In 1st Parliament Session In Covid Times
With shields of hardened plexiglass installed around each bench, now only accommodating three instead of six parliamentarians, the Lok Sabha met for 20 minutes and then recessed for an hour on the first day of the Parliament's 18-day Monsoon session.
-
Japan Manufacturers Remain Gloomy For 14th Month: Report
Japan's manufacturers remained pessimistic for the 14th straight month in September, and though the gloom eased somewhat the broad results of the Reuters Tankan survey pointed to a painfully slow recovery for the coronavirus-stricken economy. The result underlines the huge challenge the country's next leader succeeding Prime Minister Shinzo Abe wil...
-
"Trump Negligence In Handling Pandemic Led To US recession": Joe Biden
Joe Biden courted working class voters in hotly contested Michigan Wednesday as he warned that President Donald Trump's "negligence" in handling the coronavirus pandemic plunged the nation into recession.
