Headlines: Liz Truss Defeats Rishi Sunak To Become New UK PM
Liz Truss was named as the UK’s next Prime Minister today, winning an internal leadership contest of the ruling Conservative party at a time when...
Tag : recession
Subramanian Swamy Jibes At Nirmala Sitharaman:”Indian Economy Already Went Into Recession Last Year”
Subramanian Swamy surrounded Sitharaman on the statement of recession in India by his tweet. Mumbai: The demand of the opposition regarding inflation in the country...
32 Million Indians Pushed Out of Middle Class Due To Pandemic, Poverty On Rise: Pew Research
According to a report by Pew Research Centre, during the 2020 pandemic 32 million people were pushed out of the middle class bracket in India....
India Enters Technical Recession As GDP Shrinks By 7.5% In Q2
The data confirms that India has entered a technical recession, after two consecutive quarters of contraction in GDP. As the economy rebounded from a record...
Business Tit-Bits: Pandemic Stimulus Package @ 2%
Finance Minister Nirmala Sitharaman on Thursday said the Indian economy is witnessing a strong recovery after a long and strict lockdown. Addressing a press conference...
Headlines: Finance Minister Nirmala Sitharaman May Announce Another Stimulus Package Today
Finance Minister Nirmala Sitharaman is set to address media on Thursday, a day after government officials said India was planning to announce a fresh round...
For The First Time, India In Technical Recession: RBI Warns
If the research is to be believed, then the country has gone into an economic recession for the first time in history Mumbai| The trend...
IMF: ‘Less severe’ but ‘still deep’ recession predicted
In the shadow of the COVID-19 pandemic and its continuing impact, the global economy could see a “somewhat less severe, though still deep” recession through...
Amid fears of worst recession in decades, urgent calls for solidarity, a united economic front
With multilateral cooperation under strain, senior UN officials, Nobel laureates and eminent academic experts, gathered virtually on Wednesday for the launch of a new report...
G20 Countries Will Likely Suffer a Recession This Year Due to Coronavirus: Moody’s Forecast
The world’s 20 most industrialised countries will likely suffer a recession this year because of the COVID-19 pandemic: Moody’s forecast Wednesday. Paris| The world’s 20...