Page 18 - Latest Updates on Recession
What is the Contingency Fund of India?
Contingency is a negative event which may occur in future, like recession or pandemic. The Constitution has a provision for a contingency fund. Its corpus is always kept intact. Find out how it works
 "What is the Contingency Fund of India?")
White House warns of a global financial crisis on debt default: Report
The potential for global recession could be worse than the 2008 GFC : Report
 "White House warns of a global financial crisis on debt default: Report")
Evergrande crisis isn't China's 'Lehman moment' for Citi, Barclays
Barclays argues the market environment isn't similar to what happened during the collapse of Lehman Brothers
 "Evergrande crisis isn't China's 'Lehman moment' for Citi, Barclays")
More red ink: US budget deficit through July hit $2.54 trillion
The US budget deficit hit $2.54 trillion for the first 10 months of this budget year, fed by spending to support the country after the pandemic-induced recession
 "More red ink: US budget deficit through July hit $2.54 trillion")
FMCG cos see double-digit sales growth in Apr-June qtr amid pandemic
Leading FMCG companies in the country are expecting their sales growth numbers in high double digit in the April-June quarter
 "FMCG cos see double-digit sales growth in Apr-June qtr amid pandemic")
Cafe Coffee Day withdraws a lot of vending machines from customer locations
This comes as pandemic took a toll on demand.
 "Cafe Coffee Day withdraws a lot of vending machines from customer locations")
Global economy expected to expand 5.6% in 2021, says World Bank
This would be the fastest post-recession pace in 80 years
 "Global economy expected to expand 5.6% in 2021, says World Bank")
The Covid-19 pandemic trauma has changed economics, maybe forever
The Great Recession that followed the crash of 2008 had already triggered a rethink
 "The Covid-19 pandemic trauma has changed economics, maybe forever")
EU economy to expand, bouncing back from coronavirus pandemic crisis
European Union economy is set to bounce back strongly this year after the deep coronavirus recession and member states are forecast to have recouped the ground lost by the end of next year
 "EU economy to expand, bouncing back from coronavirus pandemic crisis")
Recession risk looms as Japan eyes state of emergency to contain pandemic
A renewed state of emergency would also cast doubt on whether Tokyo can host the Olympics in July, despite Prime Minister Yoshihide Suga's assurances it will proceed as planned
 "Recession risk looms as Japan eyes state of emergency to contain pandemic")
Q3 GDP growth number: Covid-driven recession over, double dip ahead
GDP is implicitly projected by NSO to slip back into contraction of 1.1% in Q4FY21. This appears to be an outcome of the back-ended release in the Govt's subsidies that is on the anvil in Q4
 "Q3 GDP growth number: Covid-driven recession over, double dip ahead")
India looks set to beat recession even as new coronavirus cases loom
India will become one of the few major economies to post growth in the last quarter of 2020, with any improvement in the economy's performance inversely tied to a drop in Covid-19 infections
 "India looks set to beat recession even as new coronavirus cases loom")
India's recession exit gains momentum on services, manufacturing
Official data on Friday is likely to show that India exited a recession in the final three months of 2020, with economists in a Bloomberg survey forecasting a GDP expansion of 0.5% from a year ago
 "India's recession exit gains momentum on services, manufacturing")
Swiss economy seen tipping into recession on Covid-19 pandemic shutdowns
The median forecast was for a 0.7 per cent drop in gross domestic product in the final quarter of 2020
 "Swiss economy seen tipping into recession on Covid-19 pandemic shutdowns")
US economy contracts in 2020; worst performance since 1946
The Federal Reserve on Wednesday left its benchmark overnight interest rate near zero
 "US economy contracts in 2020; worst performance since 1946")
India's GDP to contract 8% in fiscal year 2021, says FICCI Survey
India's gross domestic product (GDP) is expected to contract by 8 per cent in 2020-21, according FICCI
 "India's GDP to contract 8% in fiscal year 2021, says FICCI Survey")
World's economic recovery gets delayed by slow Covid-19 vaccine rollouts
Double-dip recessions are now expected in Japan, the euro area and UK
 "World's economic recovery gets delayed by slow Covid-19 vaccine rollouts")
Pandemic-induced lockdowns boost household savings to 20-yr high: Report
Extra savings pegged at $200 billion, according to a foreign brokerage report
 "Pandemic-induced lockdowns boost household savings to 20-yr high: Report")
Diamond sector to cap revenue loss at 20%; to clock $15 bn this fiscal
Recovery in key export markets and pent-up demand are likely to arrest the decline in revenue of the country's diamond industry
 "Diamond sector to cap revenue loss at 20%; to clock $15 bn this fiscal")
Will the bull keep running?
The global setting is perfect for equities, but investors should have one eye on factors that could rattle the markets
 "Will the bull keep running?")
