Global Recession
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Sensex Jumps 1,330 Points To 2-Week High On Easing US Recession Fears
Benchmark Sensex spurted by 1,330 points to close at a two-week high while Nifty jumped 397 points to settle above the 24,500 level on Friday as easing fears of a recession in the US triggered buying in IT shares amid a sharp global stocks rally.
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Explained: What Led To Global Equities Bloodbath?
A global sell-off has led to a major bloodbath in the equity markets as corporate giants stared down at massive losses. The US markets fell over 2.43% on Friday while the Asian peers added to their losses as they opened after the weekend.
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Sensex Slides Over 2,400 Points As Jobs Data Sparks Recession Fears In US
Indian markets experienced one of the worst falls today following the global bloodbath with both the Nifty and Sensex registering high losses during the opening trade.
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Indian Stocks Fall After Recession Fears Spark Wall Street Sell-Off
The Indian stock market opened lower this morning amid weak global cues, with the Sensex nosediving over 700 points and the Nifty tumbling more than 200 points.
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US Economy Faces Recession Risk In Coming Years, Expert Warns
The US economy faces recession risks with potential for a 30% stock market drop, according to BCA Research.
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Chilling Predictions Baba Vanga Made For 2024 That Came True
Baba Vanga reportedly foretold that there will be a huge economic crisis that will impact the global economy in 2024.
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"Everyone Thought There Will Be Recession, But...": Economist On US Risks
The United States may see a deep recession soon, and such a scenario would impact not only India's services sector, which is a key component of the country's GDP, but also bring about volatility in the bond and equity markets, a top economist said.
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India To Benefit From Supply-Chain Changes: Top Economists
Economists worldwide are evenly divided on the prospects for the economy, with equal shares of 45 per cent finding a global recession this year likely or unlikely, but India figures among the economies most likely to benefit from supply-chain changes, a survey showed on Tuesday.
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Demand For Beer And Handbags Help Temper US Recession Fears for Now
Heightened worries about the strength of consumers and the global economy have been put on hold - at least for now - after some of the world's best known companies delivered a slew of better-than expected numbers.
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IMF Lowers Global Growth Forecast, Predicts Most Will Avoid Recession
The International Monetary Fund slightly lowered its outlook for the global economy on Tuesday, while predicting that most countries will avoid a recession this year despite economic and geopolitical concerns.
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Uncertainty Lies Ahead, G20 Nations Must Address Debt Distress: RBI Governor
Shaktikanta Das said although the outlook for the global economy has improved in recent months and there is now greater optimism that the world may avoid a deep recession and only experience ofter recession,"yet uncertainties lie ahead of us.
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Big Tech Is Firing Employees by the Thousands. Why? and How Worried Should We Be?
Since the end of the pandemic hiring spree, large numbers of employees have been fired from major tech companies, including Alphabet (12,000 employees), Amazon (18,000), Meta (11,000), Twitter (4,000), Microsoft (10,000) and Salesforce (8,000). Why exactly led to this massive shakeout? And what does it mean for the industry, and you?
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Sustaining 19.5% Growth In Direct Tax Collection In FY24 May Be Difficult: Report
The expected lower nominal GDP growth in 2023-24 on the back of threats of global recession could impact income tax collection, the government source told reporters ahead of the presentation of Union Budget 2023-24 on February 1.
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Worldwide Recession Likely In 2023: Davos Summit Survey
The WEF said globally businesses are expected to cut costs significantly in response to economic headwinds, but chief economists are optimistic about inflation and strong balance sheets.
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Global Growth May Slow "Perilously Close" To Recession In 2023: World Bank
Global growth is expected to slow "perilously close" to recession in 2023, the World Bank said Tuesday, slashing its economic forecast on high inflation, rising interest rates and Russia's invasion of Ukraine.
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Sensex Jumps 1,330 Points To 2-Week High On Easing US Recession Fears
Benchmark Sensex spurted by 1,330 points to close at a two-week high while Nifty jumped 397 points to settle above the 24,500 level on Friday as easing fears of a recession in the US triggered buying in IT shares amid a sharp global stocks rally.
-
Explained: What Led To Global Equities Bloodbath?
A global sell-off has led to a major bloodbath in the equity markets as corporate giants stared down at massive losses. The US markets fell over 2.43% on Friday while the Asian peers added to their losses as they opened after the weekend.
-
Sensex Slides Over 2,400 Points As Jobs Data Sparks Recession Fears In US
Indian markets experienced one of the worst falls today following the global bloodbath with both the Nifty and Sensex registering high losses during the opening trade.
-
Indian Stocks Fall After Recession Fears Spark Wall Street Sell-Off
The Indian stock market opened lower this morning amid weak global cues, with the Sensex nosediving over 700 points and the Nifty tumbling more than 200 points.
-
US Economy Faces Recession Risk In Coming Years, Expert Warns
The US economy faces recession risks with potential for a 30% stock market drop, according to BCA Research.
-
Chilling Predictions Baba Vanga Made For 2024 That Came True
Baba Vanga reportedly foretold that there will be a huge economic crisis that will impact the global economy in 2024.
-
"Everyone Thought There Will Be Recession, But...": Economist On US Risks
The United States may see a deep recession soon, and such a scenario would impact not only India's services sector, which is a key component of the country's GDP, but also bring about volatility in the bond and equity markets, a top economist said.
-
India To Benefit From Supply-Chain Changes: Top Economists
Economists worldwide are evenly divided on the prospects for the economy, with equal shares of 45 per cent finding a global recession this year likely or unlikely, but India figures among the economies most likely to benefit from supply-chain changes, a survey showed on Tuesday.
-
Demand For Beer And Handbags Help Temper US Recession Fears for Now
Heightened worries about the strength of consumers and the global economy have been put on hold - at least for now - after some of the world's best known companies delivered a slew of better-than expected numbers.
-
IMF Lowers Global Growth Forecast, Predicts Most Will Avoid Recession
The International Monetary Fund slightly lowered its outlook for the global economy on Tuesday, while predicting that most countries will avoid a recession this year despite economic and geopolitical concerns.
-
Uncertainty Lies Ahead, G20 Nations Must Address Debt Distress: RBI Governor
Shaktikanta Das said although the outlook for the global economy has improved in recent months and there is now greater optimism that the world may avoid a deep recession and only experience ofter recession,"yet uncertainties lie ahead of us.
-
Big Tech Is Firing Employees by the Thousands. Why? and How Worried Should We Be?
Since the end of the pandemic hiring spree, large numbers of employees have been fired from major tech companies, including Alphabet (12,000 employees), Amazon (18,000), Meta (11,000), Twitter (4,000), Microsoft (10,000) and Salesforce (8,000). Why exactly led to this massive shakeout? And what does it mean for the industry, and you?
-
Sustaining 19.5% Growth In Direct Tax Collection In FY24 May Be Difficult: Report
The expected lower nominal GDP growth in 2023-24 on the back of threats of global recession could impact income tax collection, the government source told reporters ahead of the presentation of Union Budget 2023-24 on February 1.
-
Worldwide Recession Likely In 2023: Davos Summit Survey
The WEF said globally businesses are expected to cut costs significantly in response to economic headwinds, but chief economists are optimistic about inflation and strong balance sheets.
-
Global Growth May Slow "Perilously Close" To Recession In 2023: World Bank
Global growth is expected to slow "perilously close" to recession in 2023, the World Bank said Tuesday, slashing its economic forecast on high inflation, rising interest rates and Russia's invasion of Ukraine.
