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Recession fears hit IT sector; major players announce drastic cuts in pay hikes, promotions
With automation and AI eating into jobs, IT professionals are concerned
Major IT players in Bengaluru have enforced steep cuts in yearly hikes and promotions...
Amid recession fear, stock markets in Europe and Asia slide
Fear of recession drives stock markets in Europe and Asia
On Friday, the Stock markets in Europe and Asia fell as investors became increasingly worried...
Global economy staring at two recessions in same decade, first time in 80 years:...
For the first time in 80 years, global recessions have occurred within the same decade
According to the World Bank’s latest Global Economic Prospects report,...
Despite global slowdown and a possible recession, Indian equity market to be resilient in...
Indian economy likely to navigate rough global weather in 2023
Windmill Capital, a research analyst company, said that Indian stock markets will continue to exhibit...
World faces increasing risk of recession in next 12 months, warns IMF
Global economic outlook has 'darkened significantly': IMF
The outlook for the global economy has "darkened significantly" in recent months, the head of the International Monetary Fund...
Is IMF fear of recession tenable?
Despite this protectionist threat and trade war, there has not, so far, been any major disruptions in the global supply chain
Beginning in 2007, the...
Why the US is not headed for a recession
Silicon Valley
Pressured by China's drop in manufacturing and Oil prices, stocks in the United States have been taking a beating, down more than 10%...
Is Austria headed for a recession?
Vienna
The moderate recovery of the Austrian economy in recent months is faced with yet another slowdown, a leading Austrian research institute stated on Wednesday.
In...
IMF backs Modi government’s economic policies; sees India as bright spot amid global slowdown
Amid gloomy global scenario, India’s economy is buoyed by strong public investment and service sector growth: IMF
The IMF’s World Economic Outlook report, released on...
World Bank rises India FY25 growth projection to 6.6%; pegs FY24 GDP at 7.5%
Growth in South Asia is projected at 6.0–6.1% in 2024–25 largely due to robust economic activity in India, says World Bank
The World Bank on...
