image

# Recession (2019-20)

Curated News, Articles & Videos about 'Recession (2019-20)', for events happening around the globe and reported worldwide by trusted media sources.

Curated News, Articles & Videos about 'Recession (2019-20)', for events happening around the globe and reported worldwide by trusted media sources.

Commentary: What vaccine-led recovery? A double-dip recession ...

  • 164 Views

Financial markets may celebrate the vaccine-led boom, but epidemiological and political aftershocks push us back into economic vulnerability, says Stephen S. Roach.


India In 'Historic' Recession For First Time

At -7.5 per cent, the gross domestic product (GDP) rebounds, but India is now in technical recession with two successive quarters of shrinking output, due to the lingering effects of lockdowns to contain the COVID-19 pandemic. Economists are optim...


India's economy contracts by 7.5%, enters its 1st recession

India’s economy contracted by 7.5% in the July-September quarter following a record slump of 23.9% in the previous three months, pushing the country into a recession for the first time in its history


World  /  India

"PM Needs To Understand...": Rahul Gandhi On Recession

Congress MP Rahul Gandhi today took a swipe at the government over reports that the economy has gone into a recession and crores have been left unemployed. He pointed to the basic job scheme MGNREGA,...


India slips into recession after GDP contracts 7.5% in Q2

  • 155 Views

India's economy shrank 7.5% in the July-September period, after a record slump of nearly 24% in the preceding three months. Analysts said they expect GDP to also contract in the December quarter. For the current fiscal year, the economy is seen sh...


India suffers first recession in decades

India has plunged into recession for the first time in nearly a quarter of a century as the pandemic continues to weigh heavily on Asia's third biggest economy.


India Enters Recession With Back-To-Back GDP Contraction Amid ...

Financial and real estate services -- among the biggest component of India's dominant services sector -- shrank 8.1 per cent last quarter from a year ago


At -7.5%, GDP Rebounds But India Now In Technical Recession

India's gross domestic product (GDP) contracted 7.5 per cent in the July-September period, as the economy rebounded from a record slump of 23.9 per cent in the previous quarter due to slowdown caused...


Number of bids for Kai Tak residential plot falls below 2017 m...

The first residential plot at the site of Hong Kong’s former airport put on sale by the government this year has drawn a less than enthusiastic response from developers.The tender of Area 4E Site 1 at Kai Tak closed on Friday and drew 10 bids, acc...


India is headed for a technical recession — and the road to re...

Economists in a Reuters poll predicted that India's economy shrank 8.8% in the September quarter.


GDP At -8.2% Likely, Sharp Rebound Despite Recession, Say Anal...

Data due Friday will likely show gross domestic product declined 8.2 per cent in the three months through September, according to economists surveyed by Bloomberg.


World  /  Europe

Fury after UK cuts billions in overseas aid amid worst recessi...

The British government faced fury after ditching its long-standing target for overseas aid in the wake of what it described as the deepest recession in over three centuries.In a statement to lawmakers, Treasury chief Rishi Sunak said the target to...


UK to face worst recession in 300 years as Covid crisis contin...

The "economic emergency" caused by Covid-19 has only just begun, according to the UK's Chancellor Rishi Sunak, as he warned the pandemic would deal lasting damage to growth and jobs. Please subscribe HERE http://bit.ly/1rbfUog Official forecasts ...