Latest News on Global Slowdown
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Global Slowdown - Total results - 31
Mar 10, 2020
Coronavirus outbreak could cost global economy up to $2 trillion, cause recession in some countries, says UNCTADThe 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
Aug 14, 2019
Going negative? As US-China trade war rages, central banks ponder radical steps to shield economiesThe US-China tariff war has hurt global supply chains and manufacturing activity, slowing growth in export-reliant Asian economies
May 16, 2019
World luxury residential prices grow at snail’s pace in Q1; Delhi ranks 7th, Mumbai 31st on global list: ReportThree 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.
Apr 18, 2019
Weakening domestic growth impulses prompted RBI governor Shaktikanta Das to go for rate cut: Minutes of MPC meetOn 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.
Apr 05, 2019
India grabs most of foreign inflows into Asian equities in March on optimism over upcoming general electionOverseas 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.
Feb 13, 2019
Paul Krugman warns of global recession by year-end, says absence of effective response during slowdown main concernSpeaking at the World Government Summit in Dubai, Paul Krugman said it was unlikely that just "one big thing" would prompt an economic downturn.
Jan 30, 2019
US warning of communal violence ahead of LS polls worrying, but singling out India amid global rise of hate crime is a stretchThe 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
Jan 28, 2019
Globalisation 4.0 developments, 5G to bring growth for Indian IT sector in 2019, says Tech Mahindra CEO GurnaniAccording to Gartner estimates, India's IT spending will grow by 6.7 percent in 2019 to $89 billion.
Jan 23, 2019
Rupee rises 29 paise to 71.15 in early trade on high selling of US dollar by exporters, banksAt 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.
Dec 07, 2017
Foreign trade policy review: India should address problems of competitiveness urgently, set an export targetA 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.