The Reserve Bank of India declared that India had gone into recession after the economy contracted for two straight quarters, between March and October 2020, due to the pandemic and the lockdowns ...
Indian shares opened higher on Monday, led by information technology stocks after strong U.S. jobs data dispelled worries of ...
But economists predict a further slide downward - India’s GDP for the 2020-21 financial year is likely to contract between -7% to 0%, the worst technical recession since the 1970s. Getty Images ...
Indian shares are set to open higher on Monday after logging losses for five straight sessions, and tracking Asian peers ...
Rising crude, analysts fear, could force the Reserve Bank of India to hold its key policy rates at which it lends to banks, longer than expected even as US Fed Reserve cut rates last week.
The US Federal Reserve has cut interest rates by 50 basis points to address rising unemployment and bolster demand.
Follow the welfare economy for superpower status; India has an edge over China due to democracy and inclusive development.
The German government has slashed its forecast and now expects Europe's largest economy to shrink for a second year running ...
Benchmark stock market indices opened on a positive note Monday, driven by a surge in IT stocks following robust US jobs data ...
The last few years have been tough for India’s recession-hit diamond industry. Surat, in Gujarat state, processes 90% of the ...
According to the July World Economic Outlook Update published by the International Monetary Fund (IMF), global growth will ...
The UK economy's growth slowed to 0.5% in Q2, down from 0.6%, raising concerns for Prime Minister Keir Starmer's growth ...