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Recession

China To Feel Increasingly Isolated: Adani

China's Belt and Road initiative has run into resistance in many countries, the founder and chairman of Adani Group said at a conference in Singapore

27 September 2022

Source: Shutterstock

Explainer: How Do We Know When A Recession Has Begun?

Six months of contraction is a long-held informal definition of a recession. Yet nothing is simple in the post-pandemic economy


US Economy

US Economy Shrank 0.9% Last Quarter, Its Second Straight Drop

Consecutive quarters of falling GDP constitute one informal, though not definitive, indicator of a recession


Recession Unlikely To Hit India Due To 'Not So Coupled' Nature With Global Economy: S&P

Listing out inflation and the resultant measures by the US Fed as the main threat to the US economy, he said, the world's largest economy is headed towards recession, which is the result of an overheated economy because even...

21 September 2022

What Is Recession? All You Need To Know

Recessions are marked drops in economic activity that can last for months or years.


World Shares Mostly Lower As Recession, COVID-19 Fears Loom

US futures and oil prices declined, while Japan's benchmark rallied after the ruling Liberal Democratic Party garnered a landslide parliamentary election victory

11 July 2022

How Strengthening US Dollar Will Help Stabilise Crude At Lower Levels

The dollar is near its highest level in more than two decades against a key index measuring six major currencies, including the euro and Japanese yen. Many professional investors don’t expect it to ease off anytime soon

19 September 2022

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US Employment

A Robust June Jobs Report Clouds Outlook For US Economy

Employers added 372,000 jobs in June, a surprisingly robust gain and in line with the pace of the previous two months

09 July 2022

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08 July 2022
Canadian Bank Expects Short-Lived Recession In 2023

Canadian Bank Expects Short-Lived Recession In 2023

RBC economists said that soaring food and energy prices, rising interest rates and ongoing labour shortages will push the economy into a "moderate contraction"...


06 July 2022
Why Global Recession Can Be Good News For Modi Government

Why Global Recession Can Be Good News For Modi Government

From crude, metal to edible oil, prices of most commodities are dipping—a good news for India which is a net importer of commodities


29 June 2022
US Economy Slipped 1.6% To Start Year; Return To Growth Eyed

US Economy Slipped 1.6% To Start Year; Return To Growth Eyed

It was the first drop in gross domestic product — the broadest measure of economic output — since the second quarter of 2020, in the depths of the COVID-19...


23 June 2022
Jerome Powell: Fed Aims To Avoid Recession But Says It's Possible

Jerome Powell: Fed Aims To Avoid Recession But Says It's Possible

Powell stressed that the Fed's primary goal is to reduce inflation but said he still hopes to achieve a “soft landing”


16 June 2022
As Recession Fear Grips US Economy, India Unlikely To Escape Headwinds

As Recession Fear Grips US Economy, India Unlikely To Escape Headwinds

Since January, India’s currency has been weakening fast. Rupee has depreciated to 78.17 against the US dollar from 74.25 in January


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16 June 2022
Fed's Aggressive Rate Hikes Raise Likelihood Of A Recession

Fed's Aggressive Rate Hikes Raise Likelihood Of A Recession

A worse-than-expected inflation report for May — consumer prices rocketed up 8.6 per cent from a year earlier, the biggest jump since 1981 — helped spur...


16 June 2022
Explained: Just How High Is The Risk Of Another Recession

Explained: Just How High Is The Risk Of Another Recession

On Wednesday, the Fed stepped up its drive to tame inflation by raising its key interest rate by three-quarters of a point — its largest hike in nearly three...


26 May 2022
US Economy Shrank By 1.5% In Q1 But Consumers Kept Spending

US Economy Shrank By 1.5% In Q1 But Consumers Kept Spending

Last quarter's drop in the US gross domestic product — the broadest gauge of economic output — does not likely signal the start of a recession


23 May 2022
Recession Not Inevitable, Pain To Last 'Some Time': Joe Biden

Recession Not Inevitable, Pain To Last 'Some Time': Joe Biden

Speaking at a news conference Monday in Tokyo, Biden acknowledged that the American economy has “problems,” but said it was better positioned than other...


11 March 2022
Russia-Ukraine Crisis May Hurt India's Growth Recovery: RBI's Michael Patra

Russia-Ukraine Crisis May Hurt India's Growth Recovery: RBI's Michael Patra

The ongoing war has only added a whole new dimension to the outlook, and in fact, a weighty downside, Patra said in a lecture at the industry lobby IMC this...


30 December 2020
Recession Equals Bonanza

Recession Equals Bonanza

GDP shrunk in April-September. But corporate profits zoomed, and were the highest-ever in history. Is this sustainable?


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12 November 2020
India Has Entered Recession For First Time, GDP To Contract By 8.6%: RBI

India Has Entered Recession For First Time, GDP To Contract By 8.6%: RBI

The pandemic-induced lockdowns have led to a contraction of 23.9 per cent in the GDP for the April-June quarter as compared to the same period a year ago.


12 August 2020
UK Economy Officially In Recession After 20.4% Second Quarter Slump

UK Economy Officially In Recession After 20.4% Second Quarter Slump

The slump recorded by the Office for National Statistics follows a 2.2 per cent quarterly contraction in the first three months of the year. As such, the UK...


26 May 2020
How Countries Around The World Acted During 2008 Global Financial Crisis

How Countries Around The World Acted During 2008 Global Financial Crisis

As the world stares at the possibility of slipping into a recession due to the economic devastation caused by Coronavirus pandemic, here is a look at how...


20 May 2020
Foreign Investors Pull Out $16 Billion From Indian Economy Amid COVID-19: Report

Foreign Investors Pull Out $16 Billion From Indian Economy Amid COVID-19: Report

In Europe, over 30 million people in Germany, France, the UK, Spain, and Italy have applied for state support, while first quarter 2020 data indicates that the...


01 February 2020
Indian Economy Faced Abrupt Slowdown In 2019, But It's Not In Recession: IMF

Indian Economy Faced Abrupt Slowdown In 2019, But It's Not In Recession: IMF

'It appears that the main reason for this slowdown was the non-banking financial institutions experiencing a turbulence,' IMF Managing Director said.


08 December 2019
India In Growth Recession, Extreme Centralisation Hurting Economy: Raghuram Rajan

India In Growth Recession, Extreme Centralisation Hurting Economy: Raghuram Rajan

Raghuram Rajan said the Modi government has shown "surprising timidity" when it comes to unfinished reforms on the business environment, land acquisition,...


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