Global Recession

Sensex tanks 879 points as hawkish Fed floors global markets

A depreciating rupee added to the gloom, traders said. Reversing its two-day winning run, the 30-share BSE Sensex tanked 878.88 points or 1.40 per cent to finish at 61,799.03

Is the UK in recession? How central banks decide and why it's so hard to call it out?

On September 22, five out of the nine members of the Bank of England's Monetary Policy Committee (MPC) voted to increase the base rate by 0.5% to 2.25%. This is the rate banks and lenders pay, which in turn influences the interest rates people pay for mortgages and savings products

Asian markets mostly lower in cautious trading; bitcoin price steady at $20,000

Shares fell in most Asian markets but rose in Hong Kong and India as worries over inflation and risks of a global recession from central bank efforts to bring it under control appeared to outweigh Wall Street's mostly positive close on 17 June, 2022

Ukraine war threatens another global recession, deglobalisation, warns RBI deputy governor

Michael Patra said the ongoing war has already resulted in market volatilities, bleeding currencies, runaway inflation and current account deficits

Stock Market Latest Updates: Sensex falls 190 points, Nifty below 9,200-mark; Reliance Industries, Asian Paints among top losers

Stock Market Latest Updates: Sensex falls 190 points, Nifty below 9,200-mark; Reliance Industries, Asian Paints among top losers

Lockdown Impact: World Bank says remittances to India likely to decline by 23% in 2020 due to COVID-19

Globally remittances are projected to decline sharply by about 20 percent this year due to the economic crisis induced by the COVID-19 pandemic and shutdown.

China cuts benchmark lending rate to 3.85% from 4.05% for second time this year; move to prop up coronavirus-hit economy

The move was the second cut to the lending benchmark rate this year, and the latest reduction in one of China’s key lending rates.

Stock Markets Latest Updates: Benchmark indices rebound from early losses as Sensex jumps over 200 points, Nifty close to 9,000-mark

Stock Markets LIVE Today Updates: Benchmark indices pare losses; Sensex 96 points down, Nifty above 8,900-level

Markets end day's trading in red: Sensex down 310 points at 30,380, Nifty drops below 9,000-mark; Kotak Bank top loser, cracks 6%

Markets surged more than 2 percent in early deals as investors on Dalal Street shrugged off the dire forecasts of virtually no growth in 2020 and took positives from the reports that businesses could see phased opening from 20 April.

IMF projects India's GDP growth at 1.9% in 2020, forecasts global recession due to coronavirus

The IMF on Tuesday projected a GDP growth of 1.9 percent for India in 2020, as the global economy hits the worst recession since the Great Depression in the 1930s due to the raging coronavirus pandemic that has nearly stalled all economic activities across the world