Global Slowdown

Showing of 1 - 20 from 33 results
Global Slowdown - Total results - 33
Coronavirus Outbreak: Bankers welcome Reserve Bank's steps to enhance liquidity
Business

Coronavirus Outbreak: Bankers welcome Reserve Bank's steps to enhance liquidity

The second set of measures announced by RBI for the COVID-19 pandemic-stricken economy got a thumbs-up from bankers who welcomed the steps taken as per the evolving market conditions

Coronavirus Outbreak: RBI governor Shaktikanta Das hopes India will stage sharp V-shaped recovery in FY22
Business

Coronavirus Outbreak: RBI governor Shaktikanta Das hopes India will stage sharp V-shaped recovery in FY22

The Reserve Bank Governor Shaktikanta Das on Friday said there are a few slivers of brightness amidst the encircling gloom and hoped that India will stage a sharp V-shaped recovery in 2021-22 as projected by the International Monetary Fund (IMF)

Coronavirus outbreak could cost global economy up to $2 trillion, cause recession in some countries, says UNCTAD
World

Coronavirus outbreak could cost global economy up to $2 trillion, cause recession in some countries, says UNCTAD

The coronavirus outbreak could cost the global economy up to $2 trillion this year, the UNCTAsaid, warning that shock from the epidemic will cause a recession in some countries and depress global annual growth to below 2.5 percent

Going negative? As US-China trade war rages, central banks ponder radical steps to shield economies
Business

Going negative? As US-China trade war rages, central banks ponder radical steps to shield economies

The US-China tariff war has hurt global supply chains and manufacturing activity, slowing growth in export-reliant Asian economies

World luxury residential prices grow at snail’s pace in Q1; Delhi ranks 7th, Mumbai 31st on global list: Report
India

World luxury residential prices grow at snail’s pace in Q1; Delhi ranks 7th, Mumbai 31st on global list: Report

Three Indian cities make the cut in the Index. Delhi ranks seventh as prime property price grew by 5.8 percent on 12-month and 4.4 percent on a 3-month basis.

Weakening domestic growth impulses prompted RBI governor Shaktikanta Das to go for rate cut: Minutes of MPC meet
Business

Weakening domestic growth impulses prompted RBI governor Shaktikanta Das to go for rate cut: Minutes of MPC meet

On 4 April, the RBI had reduced the repo rate, or the rate at which it lend to banks, by 25 basis points to 6 percent — the lowest level in one year — on softening inflation.

India grabs most of foreign inflows into Asian equities in March on optimism over upcoming general election
Business

India grabs most of foreign inflows into Asian equities in March on optimism over upcoming general election

Overseas investors bought $4.96 billion worth of Asian shares in March, data from stock exchanges in South Korea, Taiwan, India, Thailand, the Philippines, Indonesian and Vietnam showed.

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.

US warning of communal violence ahead of LS polls worrying, but singling out India amid global rise of hate crime is a stretch
India

US warning of communal violence ahead of LS polls worrying, but singling out India amid global rise of hate crime is a stretch

The US ODNI intelligence singling out India, warning communal violence ahead of General Election to Lok Sabha, may indicate a certain bias, but a global rise of hate only makes that threat more serious, not less

Globalisation 4.0 developments, 5G to bring growth for Indian IT sector in 2019, says Tech Mahindra CEO Gurnani
Business

Globalisation 4.0 developments, 5G to bring growth for Indian IT sector in 2019, says Tech Mahindra CEO Gurnani

According to Gartner estimates, India's IT spending will grow by 6.7 percent in 2019 to $89 billion.

Rupee rises 29 paise to 71.15 in early trade on high selling of US dollar by exporters, banks
Business

Rupee rises 29 paise to 71.15 in early trade on high selling of US dollar by exporters, banks

At the Interbank forex market, the rupee opened higher at 71.19 and advanced further to quote 29 paise higher at 71.15 against the dollar.

Foreign trade policy review: India should address problems of competitiveness urgently, set an export target
Business

Foreign trade policy review: India should address problems of competitiveness urgently, set an export target

A review of foreign trade policy without setting an export target is a bit like a finance minister working on a budget without targeting a short-term or long-term GDP growth rate.

Jaitley asks companies to seize opportunity of global slowdown
Business

Jaitley asks companies to seize opportunity of global slowdown

Terming the global slowdown as transient, Finance Minister Arun Jaitley today asked the industry to seize the opportunity to expand their business and prepare themselves for better times.

Dear Sitharaman, Rajan did not embarrass; it’s not bad to be 'one-eyed king'
Business

Dear Sitharaman, Rajan did not embarrass; it’s not bad to be 'one-eyed king'

India being the ‘bright spot’ among its Asian peers is something which international agencies, such as International Monetary Fund, have acknowledged. It is a great deal in a slowing world

Rupee may be moving to 70 vs dollar: Will 66-67 be the new normal?
Business

Rupee may be moving to 70 vs dollar: Will 66-67 be the new normal?

One should expect more volatility in this market, with global forces directing the madness over which we may have little control

US Fed hikes key rate from near 0 to 0.25-0.5% for first time in 9 years
Business

US Fed hikes key rate from near 0 to 0.25-0.5% for first time in 9 years

The Federal Reserve is raising interest rates from record lows set at the depths of the 2008 financial crisis, a shift that heralds modestly higher rates on some loans

India a 'brighter spot', insulated from the economic fallout: Jaitley
Business

India a 'brighter spot', insulated from the economic fallout: Jaitley

He also added that the Indian government has solved most of the "legacy issues"

Here's the real reason why US Federal Reserve did not raise interest rates
Business

Here's the real reason why US Federal Reserve did not raise interest rates

Now that the FOMC hasn’t raised interest rates, calls for the RBI governor Raghuram Rajan to cut the repo rate are going to get louder