Time Of Recession
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4% Of CEOs Worldwide Are Prioritising Bringing Employees Back To Office Full-Time: Survey
A new survey conducted by The Conference Board has found that chief executive officers (CEOs) are prioritising bringing workers back into the office full-time, five days a week.
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Over A Century Old Australian Chocolate Company Collapses, Dozens Of Workers To Lose Jobs
This is the second time that chocolate maker Ernest Hillier Chocolates has faced bankruptcy in the last eight years.
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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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Google’s Ad Sales Weakens Dramatically, Advertisers Brace for Potential Recession
Google’s parent Alphabet’s growth slipped to its slowest pace since the pandemic, with Google's ad sales weakening even more dramatically than Alphabet's overall revenue. In another sign of more challenging times, YouTube's quarterly ad sales decreased by 2 percent from last year.
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India Has Emerged As "Bright Light" Economy Amid Global Recession: IMF
India has emerged as "a bright light" at a time when the world is facing imminent prospects of a recession, the chief economist of the International Monetary Fund (IMF) said on Wednesday.
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Crude Prices Fall Below $85 Per Barrel For First Time Since January
Oil prices fell for a second day on Monday on fears of lower fuel demand from an expected global recession sparked by rising worldwide interest rates and as a surging U.S. dollar limits the ability of non-dollar consumers to purchase crude.
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Rupee Weakens To A New Record Low Of Near 79.40 Per Dollar On Inflation, Energy Jitters
The rupee started the week on the back foot, weakening to a new intra-day record low of near 79.40 per dollar as investor concerns about a global recession and mixed sentiment in the crude markets offered support to the safe haven greenback.
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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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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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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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UK Chancellor Rishi Sunak Admits "Hard Times Are Here" As UK Plunges Into Deep Recession: Report
The UK economy plunged into a deep recession as it shrank 20.4 per cent between April and June at the height of the coronavirus lockdown, according to new figures released today.
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How Boris Johnson Lost His Legislative Majority, And What It Means
When Britain's Parliament convened for the first time following a summer recess Tuesday, Prime Minister Boris Johnson had a working majority of one. Roughly eight hours later, it was gone - making the prospect of an early general election a real possibility.
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RBI Helps Banker In Battle To Restore Stability In War-Torn Afghanistan
The worst it gets for most central bankers is recession, deflation or a credit crunch. Maybe a bank bust if times are really tough. Not so in Afghanistan.
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4% Of CEOs Worldwide Are Prioritising Bringing Employees Back To Office Full-Time: Survey
A new survey conducted by The Conference Board has found that chief executive officers (CEOs) are prioritising bringing workers back into the office full-time, five days a week.
-
Over A Century Old Australian Chocolate Company Collapses, Dozens Of Workers To Lose Jobs
This is the second time that chocolate maker Ernest Hillier Chocolates has faced bankruptcy in the last eight years.
-
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.
-
Google’s Ad Sales Weakens Dramatically, Advertisers Brace for Potential Recession
Google’s parent Alphabet’s growth slipped to its slowest pace since the pandemic, with Google's ad sales weakening even more dramatically than Alphabet's overall revenue. In another sign of more challenging times, YouTube's quarterly ad sales decreased by 2 percent from last year.
-
India Has Emerged As "Bright Light" Economy Amid Global Recession: IMF
India has emerged as "a bright light" at a time when the world is facing imminent prospects of a recession, the chief economist of the International Monetary Fund (IMF) said on Wednesday.
-
Crude Prices Fall Below $85 Per Barrel For First Time Since January
Oil prices fell for a second day on Monday on fears of lower fuel demand from an expected global recession sparked by rising worldwide interest rates and as a surging U.S. dollar limits the ability of non-dollar consumers to purchase crude.
-
Rupee Weakens To A New Record Low Of Near 79.40 Per Dollar On Inflation, Energy Jitters
The rupee started the week on the back foot, weakening to a new intra-day record low of near 79.40 per dollar as investor concerns about a global recession and mixed sentiment in the crude markets offered support to the safe haven greenback.
-
"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
-
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.
-
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.
-
UK Chancellor Rishi Sunak Admits "Hard Times Are Here" As UK Plunges Into Deep Recession: Report
The UK economy plunged into a deep recession as it shrank 20.4 per cent between April and June at the height of the coronavirus lockdown, according to new figures released today.
-
How Boris Johnson Lost His Legislative Majority, And What It Means
When Britain's Parliament convened for the first time following a summer recess Tuesday, Prime Minister Boris Johnson had a working majority of one. Roughly eight hours later, it was gone - making the prospect of an early general election a real possibility.
-
RBI Helps Banker In Battle To Restore Stability In War-Torn Afghanistan
The worst it gets for most central bankers is recession, deflation or a credit crunch. Maybe a bank bust if times are really tough. Not so in Afghanistan.
