Technical Recession
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Eurozone Entered Into Technical Recession At Start Of 2023: Report
The eurozone entered into a technical recession at the start of the year, shrinking by 0.1 percent for a second consecutive quarter, figures from the EU's statistic agency showed Thursday.
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Services Growth At One-Year High On Boom In Domestic Demand
Asia's third largest economy came out of a technical recession and expanded 0.4 per cent annually last quarter.
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Economy Potentially Resumed Growing Last Quarter: Report
GDP Data: India had slipped into a technical recession during July-September when gross domestic product fell for two successive quarters
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Missed 2020 Rally In Share Markets? Here's What Angel Broking's Ruchit Jain Is Bullish On
The robust recovery in the markets came on the back of optimism around COVID-19 vaccines and a subsequent recovery following the technical recession
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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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Economy To Expand In January-March Quarter: Niti Aayog Vice Chairman
GDP Data: A second quarter of GDP contraction pushed the country into a technical recession for first time ever
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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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India's GDP Likely Shrank 8.8% In September Quarter? Data To Be Released Today
India's gross domestic product (GDP) is widely expected to have shrunk in the July-September period, but at a milder pace compared with the previous quarter, as business and economic activities pick up after months of coronavirus-caused slowdown. Official data due at 5:30 pm today is likely to show that the economy entered its first technical reces...
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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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On India-In-Recession Report, Rahul Gandhi Blames "Mr Modi's Actions"
Congress leader Rahul Gandhi today attacked Prime Minister Narendra Modi over reports that, for the first time in history, the India economy may have entered a technical recession in the first half of 2020-21.
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India In Historic Technical Recession, RBI Says In First "Nowcast"
Gross domestic product contracted 8.6 per cent in the quarter ended September, the Reserve Bank of India showed in its first ever published 'nowcast.'
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Rio Olympics Organisers Suspect 'Isolated' Sabotage at Games Village
Brazilian labour inspectors on Wednesday said they would fine the organising committee nearly USD 100,000 for hiring workers without proper contracts required by law
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Japan Relapses Into Recession in Q3, Blow to Abenomics
Japan slipped into its fourth technical recession in five years between July and September - spotlighting how the government's "Abenomics" policies have struggled to drag the economy out of chronic stagnation.
-
Japan in recession after Q2 growth revised down
Japan's economy is technically in recession after authorities said revised figures for the April-June quarter showed the economy shrank for two straight quarters.
-
Eurozone Entered Into Technical Recession At Start Of 2023: Report
The eurozone entered into a technical recession at the start of the year, shrinking by 0.1 percent for a second consecutive quarter, figures from the EU's statistic agency showed Thursday.
-
Services Growth At One-Year High On Boom In Domestic Demand
Asia's third largest economy came out of a technical recession and expanded 0.4 per cent annually last quarter.
-
Economy Potentially Resumed Growing Last Quarter: Report
GDP Data: India had slipped into a technical recession during July-September when gross domestic product fell for two successive quarters
-
Missed 2020 Rally In Share Markets? Here's What Angel Broking's Ruchit Jain Is Bullish On
The robust recovery in the markets came on the back of optimism around COVID-19 vaccines and a subsequent recovery following the technical recession
-
"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...
-
Economy To Expand In January-March Quarter: Niti Aayog Vice Chairman
GDP Data: A second quarter of GDP contraction pushed the country into a technical recession for first time ever
-
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...
-
India's GDP Likely Shrank 8.8% In September Quarter? Data To Be Released Today
India's gross domestic product (GDP) is widely expected to have shrunk in the July-September period, but at a milder pace compared with the previous quarter, as business and economic activities pick up after months of coronavirus-caused slowdown. Official data due at 5:30 pm today is likely to show that the economy entered its first technical reces...
-
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...
-
On India-In-Recession Report, Rahul Gandhi Blames "Mr Modi's Actions"
Congress leader Rahul Gandhi today attacked Prime Minister Narendra Modi over reports that, for the first time in history, the India economy may have entered a technical recession in the first half of 2020-21.
-
India In Historic Technical Recession, RBI Says In First "Nowcast"
Gross domestic product contracted 8.6 per cent in the quarter ended September, the Reserve Bank of India showed in its first ever published 'nowcast.'
-
Rio Olympics Organisers Suspect 'Isolated' Sabotage at Games Village
Brazilian labour inspectors on Wednesday said they would fine the organising committee nearly USD 100,000 for hiring workers without proper contracts required by law
-
Japan Relapses Into Recession in Q3, Blow to Abenomics
Japan slipped into its fourth technical recession in five years between July and September - spotlighting how the government's "Abenomics" policies have struggled to drag the economy out of chronic stagnation.
-
Japan in recession after Q2 growth revised down
Japan's economy is technically in recession after authorities said revised figures for the April-June quarter showed the economy shrank for two straight quarters.
