Much more to be done to prevent protracted recession: IMF chief
Washington, April 21 (IANS) International Monetary Fund (IMF) Managing Director Kristalina Georgieva on Monday said countries have responded strongly in the initial phase of the...
recession
UK economy could suffer deepest recession in a century
London, April 19 (IANS) As the ongoing lockdown in the UK has been extended for at least another three weeks without a clear exit strategy,...
‘Olympics can be economic stimulus for Japan amid recession’
Tokyo, April 16 (IANS) The postponed Tokyo Olympics can be an important economic stimulus for the Japanese economy in the post-coronavirus era, according to International...
KCR seeks Rs 10.15 lakh crore package to counter recession
Hyderabad, April 11 (IANS) Telangana Chief Minister K. Chandrashekhar Rao on Saturday urged Prime Minister Narendra Modi to announce Rs 10.15 lakh crore Quantitative Easing...
US economy already in recession amid COVID-19 pandemic: survey
Washington, April 11 (IANS) The US economy is already in a recession and will remain in contraction for the first half of 2020 due to...
RBI’s Monetary Policy Report forecasts global recession
Mumbai, April 9 (IANS) Outlining a grim picture for the global economy amid the coronavirus crisis, the Reserve Bank of India’s (RBI) Monetary Policy Report...
IMF chief warns of recession worse than 2008 global financial crisis
Geneva, April 4 (IANS) International Monetary Fund (IMF) Managing Director Kristalina Georgieva has warned of a recession worse than the global financial crisis back in...
US dollar climbs amid recession fears
New York, April 3 (IANS) The US dollar gained in late trading on Thursday as worries of a possible coronavirus-fuelled global recession boosted the demand...
Impossible to predict recession depth right now: Ex-Fed Chair
Washington, March 31 (IANS) Former US Federal Reserve Chairwoman Janet Yellen said that the American economic downturn stemming from the coronavirus pandemic has been “rapid...
Manufacturing-only recession spreads to services sector: KPMG report
New Delhi, March 29 (IANS) The COVID-19 pandemic is unique in that it is a supply shock, a demand shock, and also a market shock...
It is clear world in recession, says IMF chief
Washington, March 27 (IANS) The coronavirus has taken the world economy to a recession which will be as bad or worse than the financial meltdown...
Global economy likely in recession amid uncertainty: RBI guv
New Delhi, March 27 (IANS) Raising grave concerns over the economic impact of the novel coronavirus pandemic, RBI Governor Shaktikanta Das on Friday said that...
Is global recession likely in 2020? (Comment)
A recession is a macroeconomic term that refers to a significant decline in general economic activity in a designated region. However, the National Bureau of...
Int’l economists predict recession due to COVID-19
Chicago, March 19 (IANS) US and European economists were predicting a recession as a result of the global coronavirus pandemic which has so far infected...
US economy may be heading toward recession: Trump
Washington, March 17 (IANS) US President Donald Trump said that America could be coping with the novel coronavirus until July or August and the country’s...
US stocks suffer worst day since 2008 as recession fear spirals
New York, March 10 (IANS) US stocks fell off a cliff on Monday with major indexes plunging close to bear market levels for the first...
Global recession likely if COVID-19 becomes pandemic: Moody’s
New York, Feb 26 (IANS) A global recession is likely if COVID-19 becomes a pandemic, and the odds of that are uncomfortably high and rising...
Extreme weather events can bring next recession
New York, Feb 17 (IANS) Extreme weather could bring next recession, say researchers, adding that despite obvious market risks brought by fires, floods and other...
Ballia BJP MP links recession to coats, jackets
Ballia (Uttar Pradesh), Feb 10 (IANS) In a seemingly bizarre statement, BJP MP Virendra Singh Mast said that people are wearing coats and jackets instead...
Indian economy not in recession, says government
New Delhi, Feb 3 (IANS) The government on Monday told the Parliament that the Indian economy is not in recession, quoting IMF projections saying India...