Global Recession

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Global Recession - Total results - 32
Sensex, Nifty snap three-day rising streak amid concerns over looming global recession; Yes Bank, Vedanta among top losers
Business

Sensex, Nifty snap three-day rising streak amid concerns over looming global recession; Yes Bank, Vedanta among top losers

After a choppy session, the 30-share Sensex settled 189.43 points, or 0.50%, lower at 37,451.84.

Global recession, trade war fears grip Asian shares before Fed meeting, Jackson Hole seminar
Business

Global recession, trade war fears grip Asian shares before Fed meeting, Jackson Hole seminar

Much depends on what the Fed does with US interest rates, making markets hyper-sensitive to the minutes, due later on Wednesday, of its last meeting

Asia stocks slump on recession fears after Dow suffers worst day of year; US bond yields plunge
Business

Asia stocks slump on recession fears after Dow suffers worst day of year; US bond yields plunge

The intensifying US-China trade war shows no signs of resolution and the flight to bonds signal the growing fears of a global recession

US-China trade tensions kick Asian business confidence to 10-year low, little signs of easing soon, finds survey
Business

US-China trade tensions kick Asian business confidence to 10-year low, little signs of easing soon, finds survey

China’s economy is also feeling the heat, with industrial output growth sliding to a 17-year low in May.

Current economic global atmosphere 'a delicate moment', says IMF chief economist Gita Gopinath
Business

Current economic global atmosphere 'a delicate moment', says IMF chief economist Gita Gopinath

Tensions in trade policy could flare up again and play out in other areas (such as the auto industry), with large disruptions to global supply chains, she cautioned.

Paul Krugman warns of global recession by year-end, says absence of effective response during slowdown main concern
Business

Paul Krugman warns of global recession by year-end, says absence of effective response during slowdown main concern

Speaking at the World Government Summit in Dubai, Paul Krugman said it was unlikely that just "one big thing" would prompt an economic downturn.

Is India ready to face another bout of global recession? World Bank report explains all
Economy

Is India ready to face another bout of global recession? World Bank report explains all

The report defines fiscal space as simply having enough budgetary resources to take counter-cyclical or other measures without jeopardizing the government’s coffers or the economy itself. It points out that countries with “more ample fiscal space” used stimulus measures more extensively during the recession than those with tight fiscal space.

JPMorgan's legal troubles weigh on employee pay
Business

JPMorgan's legal troubles weigh on employee pay

JPMorgan Chase & Co plans to keep overall compensation per employee roughly flat this year from last year, lagging gains at rivals, as the bank's massive legal settlements weigh on its results, two sources familiar with the matter said.

India shows strong growth despite global slowdown: IMF
Economy

India shows strong growth despite global slowdown: IMF

India along with Indonesia showed strong growth despite a global economic slowdown in the final quarter of 2011, according to the International Monetary Fund.

World Bank cuts India growth rate to 7-7.5 percent
Economy

World Bank cuts India growth rate to 7-7.5 percent

The World Bank said decreasing investments and structural problems have pulled down the Indian growth rate.

Govt to stick to Rs 40,000 cr disinvestment target: Pranab
Economy

Govt to stick to Rs 40,000 cr disinvestment target: Pranab

Seven months of the ongoing fiscal are over, but the government has been only able to raise Rs 1,145 crore.

Global growth to slow down, but it is not a recession
World

Global growth to slow down, but it is not a recession

The bout of cheer felt with some bounceback in the global economy by the end of 2010 is all but gone. And if the numbers flowing from the advanced economies were not enough, the International Monetary Fund (IMF) has now cut forecasts for virtually all significant economies on the global scale.