Economic Slowdown

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Economic Slowdown - Total results - 298
Coronavirus downturn has been rapid and sharp, says former Fed head Janet Yellen
World

Coronavirus downturn has been rapid and sharp, says former Fed head Janet Yellen

Talking of the employment sector, Yellen said she was expecting higher percentages of unemployment due to the coronavirus outbreak.

In Ladakh, vulnerable migrant workers face increasingly uncertain future as coronavirus outbreak unfolds
long-reads

In Ladakh, vulnerable migrant workers face increasingly uncertain future as coronavirus outbreak unfolds

'I first travelled to Ladakh in 2011 and have since been documenting the migrant workers and their living situation. Over the past decade, they may have acquired more construction tools but overall, their conditions haven’t changed much and their struggles remain the same,' writes Ritayan Mukherjee of his photo project documenting migrant workers in Ladakh.

Coronavirus Outbreak: India needs stimulus plan or it risks crippling small businesses, say industry bodies
Business

Coronavirus Outbreak: India needs stimulus plan or it risks crippling small businesses, say industry bodies

India’s small and mid-sized enterprises (SMEs) will struggle for survival if the government does not follow international counterparts in offering financial support to those acutely impacted by the coronavirus outbreak, industry bodies said

Coronavirus Outbreak: Experts urge corporate India to avoid layoffs, pay cuts for faster recovery
Business

Coronavirus Outbreak: Experts urge corporate India to avoid layoffs, pay cuts for faster recovery

With the coronavirus pandemic threatening a sharp economic slowdown, experts are suggesting companies to adopt a humane approach in rationalising their expenses without going for across-the-board pay cuts or freezing of hikes to ensure a faster recovery from the slump

Rupee plunges 45 paise to 74.20 against dollar in early trade amid weak opening in domestic equities, foreign fund outflows
Business

Rupee plunges 45 paise to 74.20 against dollar in early trade amid weak opening in domestic equities, foreign fund outflows

The rupee opened weak at 74.10 at the interbank forex market and then fell further to 74.20, down 45 paise over its last close.

Automobile sales down 19.08% in February; economic slowdown, BS-VI transition take toll: SIAM
Business

Automobile sales down 19.08% in February; economic slowdown, BS-VI transition take toll: SIAM

Automobile sales in India across categories declined 19.08 percent in February as economic slowdown continued to hit demand, besides lower production in view of transition to BS-VI emission norms affecting wholesale dispatches, auto industry body SIAM said on Friday

Rupee plunges 84 paise to below 74 level in early trade amid mounting fears of coronavirus-led slowdown
Business

Rupee plunges 84 paise to below 74 level in early trade amid mounting fears of coronavirus-led slowdown

The rupee opened at 74.25 at the interbank forex market and then fell further to 74.50, down 82 paise over its last close.

Coronavirus pandemic: Market mayhem wipes off over Rs 8 lakh cr investor wealth in early trade; foreign fund outflows add woes
Business

Coronavirus pandemic: Market mayhem wipes off over Rs 8 lakh cr investor wealth in early trade; foreign fund outflows add woes

Traders said besides global rout, incessant foreign fund outflows also weighed on investor sentiments.

Rupee slips past 74-level on weak equities, rising coronavirus-led economic slowdown fears
Business

Rupee slips past 74-level on weak equities, rising coronavirus-led economic slowdown fears

The rupee on Monday slipped past the 74-level against the US dollar to settle at 74.14 (provisional), down 27 paise tracking heavy selling in domestic equity market amid rising concerns over coronavirus-led economic slowdown

Rupee slips below 74 level in early trade amid mounting fears of coronavirus-led slowdown
Business

Rupee slips below 74 level in early trade amid mounting fears of coronavirus-led slowdown

The Indian rupee continued its downward journey on Monday, sliding another 16 paise to 74.03 against the US dollar in opening trade, tracking weak opening in domestic equities amid mounting fears of a coronavirus-led economic slowdown

Stock sell-off rolls to Asia, bonds rally on coronavirus risk stoking fears of a prolonged world economic slowdown
Business

Stock sell-off rolls to Asia, bonds rally on coronavirus risk stoking fears of a prolonged world economic slowdown

The spread of a new coronavirus has accelerated so much in Europe, Britain and North America that investors who once played down the virus are now re-assessing the risks, which means more volatility in financial markets

Economic slowdown: Around Rs 10.52 lakh cr of corporate debt at risk of default over next 3 years: Report
Business

Economic slowdown: Around Rs 10.52 lakh cr of corporate debt at risk of default over next 3 years: Report

India Ratings and Research in a report said credit profiles of corporates are likely to remain under pressure as the economy grapples with a synchronised and prolonged economic slowdown.

Air pollution in China decreases after COVID-19-related lockdowns come into play
science

Air pollution in China decreases after COVID-19-related lockdowns come into play

NASA released images that show a significant decrease in nitrogen dioxide levels all over the country.

India's unemployment rate at record high since October 2019, soars to 7.78% in February; coronavirus outbreak hits business sentiment: CMIE
Business

India's unemployment rate at record high since October 2019, soars to 7.78% in February; coronavirus outbreak hits business sentiment: CMIE

The economy expanded at its slowest pace in more than six years in the last three months of 2019, with analysts predicting further deceleration in employment

In Q3, non-government GDP actually grew by just 3.9%; economy is in ICU, needs an urgent booster shot
Business

In Q3, non-government GDP actually grew by just 3.9%; economy is in ICU, needs an urgent booster shot

The highlight of the December quarter GDP data is not just the GDP numbers alone, but the massive revisions of the past data

GDP growth slows to nearly 7-year low at 4.7% in Q3 on poor performance by manufacturing, construction sectors
Business

GDP growth slows to nearly 7-year low at 4.7% in Q3 on poor performance by manufacturing, construction sectors

GDP at Constant (2011-12) prices in Q3 of 2019-20 is estimated at Rs 36.65 lakh crore, as against Rs 35 lakh crore in Q3 of 2018-19, showing a growth rate of 4.7 percent," the NSO said.

Fed seen cutting rates amid virus threat, low inflation to cushion economy from effects of coronavirus
Business

Fed seen cutting rates amid virus threat, low inflation to cushion economy from effects of coronavirus

Unlike many other central banks, the Fed still has some room to cut interest rates, although officials there have said that they want to see a “material change” in the economic data before they take further action after cutting rates three times last year.

The mental health cost of an economic slowdown in India: 'My hope is dying, I feel isolated and depressed'
Life

The mental health cost of an economic slowdown in India: 'My hope is dying, I feel isolated and depressed'

Many across the country are worried about the depleting state of the Indian economy. Despite being consoled by the Home Ministry, that it is temporary, the consequences of an unstable economy on psychosocial well-being cannot be overlooked.

Economic slowdown, weak consumer sentiment, coronavirus outbreak in China will continue to impact auto sales: Fitch
Business

Economic slowdown, weak consumer sentiment, coronavirus outbreak in China will continue to impact auto sales: Fitch

The auto sector also faces additional challenges from the adoption of stricter emission standards from 1 April

Narendra Modi govt doesn’t acknowledge the word ‘slowdown’, says Manmohan Singh; calls $5 trillion economy mission ‘wishful thinking’
India

Narendra Modi govt doesn’t acknowledge the word ‘slowdown’, says Manmohan Singh; calls $5 trillion economy mission ‘wishful thinking’

In a sharp attack on the Narendra Modi government over the state of the economy, former prime minister Manmohan Singh on Wednesday said the current dispensation does not acknowledge the word "slowdown", and the real danger is that if problems are not recognised, then finding credible answers to take corrective action is unlikely.