Tuesday, Oct 27, 2020 | Last Update : 03:24 PM IST

recession

After five-month gap, manufacturing activity gains momentum in August

Although input prices rose at the sharpest pace in nearly two years, firms have cut prices of their goods for four months to boost demand

01 Sep 2020 2:40 PM

UK economy slips into recession with record 20.4% contraction, job loss fears mount

Today’s figures confirm that hard times are here, finance minister Rishi Sunak said

12 Aug 2020 4:28 PM

US expected to report record-breaking economic fall

A huge plunge in consumer spending sent the economy sinking at a roughly 32 per cent annual rate in the April-June quarter

30 Jul 2020 4:07 PM

India's economic recovery at risk as COVID-19 surges, dull outlook deepens: Report

In the quarter just gone by, the Indian economy is forecast to have shrunk 20.0%, the first double-digit contraction

30 Jul 2020 1:28 PM

World Bank says global economy to shrink 5.2%, worst recession since WWI

Per capita incomes are expected to decline by 3.6 per cent, which will tip millions of people into extreme poverty this year

09 Jun 2020 11:06 AM

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US economy entered recession in February

US gross domestic product fell at a 4.8% annualized rate in the first three months of the year

09 Jun 2020 8:48 AM

Japan's economy shrinks less than initial estimate but still in recession

Export-dependent Japan's economy had contracted at an annual rate of 7.2% in the October-December period

08 Jun 2020 9:32 AM

US job losses in May could raise 3-month total to 30 million

Since mid-March, more than 40 million Americans have applied for unemployment benefits

04 Jun 2020 10:10 AM

Australia's economy shrinks in first quarter, headed for first recession in 30 years

The central bank stepped in by cutting the cash rate to a record low 0.25% and launching an unlimited bond buying programme

03 Jun 2020 8:59 AM

Italy slips into great recession since World War II

Business confidence in the eurozone's third largest economy in May plummeted to its lowest level

30 May 2020 10:03 AM

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Singapore cuts GDP outlook again as virus batters economy

Singapore’s economy shrank 0.7% year-on-year in the first quarter and 4.7% on a quarter-on-quarter

26 May 2020 9:00 AM

Recession-hit Japan's exports, imports fall due to pandemic

The drop in exports is the worst since the 2008 financial crisis, as export-dependent Japan struggles to juggle the health risks of COVID-19

21 May 2020 10:22 AM

Japan slips into recession, slump set to worsen as pandemic wreaks havoc

The world’s third-largest economy shrank for second consecutive quarter in three months to March, intensifying challenge for policymakers

18 May 2020 8:42 AM

Corona effect: Record fall in global oil demand

Measures taken to bolster the global economy and to reduce oil supply should allow a "gradual" recovery

15 Apr 2020 4:38 PM

Growth slow, but no recession yet, says Nirmala Sitharaman

BJP’s Sudhanshu Trivedi said the fears expressed by the Opposition were driven more by anti-Modi sentiments than facts.

28 Nov 2019 2:13 AM

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'No threat of recession in India': Fin Min Sitharaman in Rajya Sabha

Sitharman was replying to a discussion on the economic situation in the country in Rajya Sabha.

27 Nov 2019 6:55 PM

Pink-slip blues?

According to recent reports, the country is facing one of the worst phases of recessions in the past decade.

20 Sep 2019 11:33 PM

Trump says on trade policies with China may hurt US' economic policies but it will be beneficial long term

Trump termed the idea of recession as 'irrelevant' and said it was imperative to 'take China on.'

21 Aug 2019 11:31 AM

White House considering cutting tax to avoid recession: report

Also under consideration is reversing new tariffs the Trump administration imposed on Chinese goods.

20 Aug 2019 1:43 PM

US economists expect recession in 2020 or 2021, reveals survey

More economists shifted their recession prediction to 2021, narrowing gap from prior report, which had many more expecting change next year.

19 Aug 2019 12:27 PM

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