Tag: Recession
US weekly jobless claims fall; monthly producer prices rebound
WASHINGTON: The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, offering more evidence of the economy’s resilience despite tighter monetary…
Nirmala Sitharaman: FM Sitharaman exhorts exporters to ‘foresee’ impact of global slowdown, engage with govt
Finance minister Nirmala Sitharaman on Wednesday exhorted exporters to be receptive and ‘foresee’ how the recession or slowing economy abroad will pan out for them,…
SoftBank’s Arm China sacks at least 90 workers: Report
Reuters | | Posted by Ritu Maria Johny SoftBank Group Corp’s chip technology firm Arm Ltd’s China joint venture laid off 90-95 employees last week…
RBI: RBI likely to settle for 25 basis points repo rate hike: Experts
With retail inflation showing signs of softening and the US Fed moderating the pace of increase in its benchmark interest rate, the Reserve Bank is…
UK set for biggest strike action for years as teachers, civil servants walk out
LONDON: Up to half a million British teachers, civil servants, train drivers and university lecturers will strike on Wednesday in the largest coordinated action in…
Venture Capital investment: VC investment in Indian startups plunge 38% in 2022
Venture capital (VC) investments in Indian startups plunged over 38% in 2022 as economic uncertainty and market volatility affected fundraising and investment activities, GlobalData said…