Tag: Recession

The New Zealand dollar was trading in the late afternoon at US$0.5626 -- down about 1.8 percent from the previous day.
Posted in Business

New Zealand falls into recession with abrupt economic slowdown

New Zealand tipped into recession in the third quarter, official data showed Thursday, with the economy suffering an unexpectedly sharp slump that sent the country’s…

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RBI MPC: RBI Guv Das says premature to talk about US recession but will remain vigilant
Posted in Economy

RBI MPC: RBI Guv Das says premature to talk about US recession but will remain vigilant

The recent data on US unemployment should not be taken as a sign of recession in the US, world’s largest economy, said Reserve Bank of…

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US recession: Shoppers in the Georgetown neighborhood of Washington, DC.(Bloomberg)
Posted in Business

Will there be a recession in US? JPMorgan says 35% possibility by end of 2024

Aug 08, 2024 08:22 AM IST US recession: JPMorgan now sees just a 30% chance of the Federal Reserve keeping interest rates “high-for-long”. JPMorgan Chase…

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recession: Market Crash: Are we moving towards recession? Some key numbers from the US, where a sneeze can make the world catch a cold
Posted in Economy

recession: Market Crash: Are we moving towards recession? Some key numbers from the US, where a sneeze can make the world catch a cold

The US has seen an unexpected rise in the unemployment rate, sparking debate among economists about the possibility of an upcoming recession. Data released on…

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Britain's Labour Party deals double blow to PM Sunak's Conservatives
Posted in UK News

Britain’s Labour Party deals double blow to PM Sunak’s Conservatives

NEW DELHI: Britain’s opposition Labour Party delivered a crushing blow to Prime Minister Rishi Sunak‘s Conservatives by securing victories in contests for two new lawmakers…

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Indian Handicraft Exports: Handicraft exports likely to fall 6-8 pc in FY24: Report
Posted in Economy

Indian Handicraft Exports: Handicraft exports likely to fall 6-8 pc in FY24: Report

Indian handicraft exports may witness a 6-8 per cent decline this fiscal to USD 3.3 billion, mainly due to a spending slowdown in global markets,…

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German economy bids goodbye to years of plenty
Posted in Europe News

German economy bids goodbye to years of plenty

BERLIN: On his many visits to semiconductor factories and electric car plants, Germany‘s Chancellor Olaf Scholz bangs the drum for an economy at the forefront…

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india: India under PM Modi has realised her potential, capabilities in 9-years: Piyush Goyal
Posted in Economy

india: India under PM Modi has realised her potential, capabilities in 9-years: Piyush Goyal

India has scripted a history in exports in the last two years both in terms of growth rate and absolute numbers with the shipments reaching…

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The outcome will come as a blow after politicians and European Central Bank officials said repeatedly that a downturn could be averted even as inflation rocketed to its highest level since the euro was introduced.
Posted in Business

20-nation Eurozone dips into recession, economy shrinks by 0.1% in Jan-March

The euro area suffered the mildest possible recession during the winter after Russia’s war in Ukraine sent energy prices soaring. The outcome will come as…

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Posted in Startups

Startups: ‘2026 revenue forecast for SaaS startups plunges 74% to $26 billion’

Global management consulting and strategy advisory firm Zinnov and venture capital firm Chiratae Ventures on Tuesday marked down 2026 revenue projections of the Indian software-as-a-service…

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