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Tuesday, Oct 26, 2021
Outlook.com
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Recession

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

Nov 12, 2020 PTI

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.

UK Economy Officially In Recession After 20.4% Second Quarter Slump

Aug 12, 2020 Associated Press (AP)

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 economy is in a recession - commonly defined as two quarters of negative growth.


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 countries around the world fought the Global Financial Crisis in 2008.

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

May 20, 2020 PTI

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 eurozone economy contracted by 3.8 per cent, the largest quarterly decline since the series started in 1995, the report said.


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.

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08 December, 2019

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

PTI

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


01 December, 2019

Iraq Parliament Approves PM Adel Abdel Mahdi's Resignation

AFP

Protesters accused the entire ruling elite of Iraq of being inept, corrupt and beholden to foreign powers.


07 October, 2019

Firms Staying Closed For 10 Days A Month Due To Recession, BJP Govt Doing Nothing: Priyanka Gandhi

Outlook Web Bureau

Congress general secretary Priyanka Gandhi Vadra took to Twitter to attack the government over the country's low economic growth


03 June, 2019

Economists Fear Recession In US Citing Increased Protectionist Trade Policy: Report

Outlook Web Bureau

Fifty-six per cent of the respondents cited the increasingly protectionist trade policy as the greatest risk to the US economy in 2019.


Photo Gallery

Lok Sabha MP Saugata Roy, Mahua Moitra, former Union Minister Babul Supriyo, National GTC Vice President Luizinho Faleiro and other activists of Goa Trinamool Congress release a chargesheet against the alleged misrule...

PTI Photo

LJP (Ram Vilas) leader Chirag Paswan during a road show for the upcoming by-election in Kusheshwar Asthan assembly constituency, in Darbhanga district.

PTI Photo

A potter prepares clay earthen lamps for sale ahead of the Diwali festival, in Gurugram.

PTI Photo

All Assam Students Union (AASU) General Secretary Sankar Jyoti Baruah along with party activists protest against the construction of the National Hydroelectric Power Corporation (NHPC) dam, at Dhemaji

PTI Photo

Pedestrians during heavy rain in Kolkata.

PTI Photo
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