Recession
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Economy
Recession hits Eurozone as cost of living crisis increases
The eurozone slipped into recession in the first three months of 2023, after official figures showed the bloc’s economy shrank…
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World
World’s fourth largest economy, Germany enters recession
Germany's GDP fell by 0.3% in the first quarter of 2022, marking the country's second successive quarter of contraction and…
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Economy
India and China will account for half of global economic growth this year: IMF
This year will see the slowest world economy in the past 3 decades and world economy is expected to grow…
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Economy
Steepest slowdown since 1970: ‘World could face the worst recession in 2023,’ warns World Bank
From US to Europe and Asia, several indicators of global recession are already "flashing signs” and the global economy is…
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Economy
India Exits Recession: 0.4% GDP growth recorded in Q3 of FY 20-21, RBI projects 10.4% growth in next Fiscal Year
This marks India's exit from the period of technical recession after it became one of the few major economies to…
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Economy
Indian GDP shows record recovery from -23.9% in Q1 to -7.5% in Q2, but country enters recession
The GDP decline was primarily because of the intensity of the lockdown. India's economic performance now on is linked to…
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Economy
GDP to contract 8.6% in Q2; India has entered a historic technical recession, says RBI official
The RBI has used the 'nowcasting' method to arrive at the estimates ahead of the official release of data, however,…
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