Tuesday, February 25, 2025 | 12:48 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Page 2 - Recession

Updated On : 22 Dec 2023 | 11:09 PM IST

Germany's woes worsen as economy likely to shrink again in current quarter

Germany's economy is likely to shrink again slightly in the current fourth quarter, the country's central bank said Monday, while a survey showed business confidence retreating unexpectedly. Europe's biggest economy contracted by 0.1% in the third quarter after growing by the same amount in the previous three-month period, according to official figures. The Bundesbank said in its monthly report that real gross domestic product in Germany is likely to decline again slightly in the fourth quarter of 2023 as a result of weak performances in industry and construction Two consecutive quarters of contraction is a common definition of recession, though the economists on a panel that declares recessions in the eurozone use a broader set of data, including employment figures. Germany is the only major economy expected to shrink this year, according to the International Monetary Fund, which foresees a decline of 0.5%. The German government has forecast a decline of 0.4%. The economy has bee

Germany's woes worsen as economy likely to shrink again in current quarter
Updated On : 18 Dec 2023 | 8:20 PM IST

UK's stagnating economy fails to grow but sidesteps start of a recession

In the month of September alone, Britain's economy grew by 0.2% from August when growth was revised down to 0.1% from 0.2%

UK's stagnating economy fails to grow but sidesteps start of a recession
Updated On : 10 Nov 2023 | 3:55 PM IST

M&A activity dips amid geopolitical concerns, only 5 mega deals this year

By the end of August 2023, about 21,500 M&A deals had been announced, with a total value of $1.18 trillion. This represents a 14 per cent decrease in the number of deals

M&A activity dips amid geopolitical concerns, only 5 mega deals this year
Updated On : 02 Nov 2023 | 11:57 AM IST

Global South shouldn't be saddled with unviable debt from initiatives: EAM

"Today when the world is facing challenges, looming economic recession, broken supply chains, food and energy insecurity this calls for closer cooperation with the SCO"

Global South shouldn't be saddled with unviable debt from initiatives: EAM
Updated On : 26 Oct 2023 | 1:35 PM IST
Updated On : 04 Oct 2023 | 1:35 PM IST

Bond market bulls at JPMorgan, Allianz double down on bet gone bad

That strategy is now misfiring once again, saddling them with subpar returns and testing their resolve as the selloff deepens week after week

Bond market bulls at JPMorgan, Allianz double down on bet gone bad
Updated On : 20 Aug 2023 | 10:40 PM IST

Sentiments for real estate sector remain bullish for next 6 months: Survey

The sentiment index for the real estate sector remained positive during the April-June period with an improvement from previous quarter while the outlook for the next six months is also bullish, according to Knight Frank India and NAREDCO survey. In its 37th edition of the Real Estate Sentiment Index Q2 2023 (April-June), real estate consultant Knight Frank and industry body NAREDCO said that the current sentiment score has scaled up from the previous quarter's 57 to 63, in the optimistic zone. "This is due to the continued resilience of the Indian economy amid a recessionary environment globally. The Current Sentiment Score signifies stakeholders' current outlook in comparison to the preceding six months," Knight Frank said. During Q2 2023, the Future Sentiment Score rose from 61 in Q1 of 2023 to 64 in the optimistic territory as India's macroeconomic indicators remained firm, despite headwinds on some parameters, the consultant said. The Real Estate Sentiment Index is based on a

Sentiments for real estate sector remain bullish for next 6 months: Survey
Updated On : 25 Jul 2023 | 7:17 PM IST

Is a recession still on the cards?

Amidst the surprisingly strong market performance, investors are questioning the possibility of a recession in the US, but history suggests caution is still warranted

Is a recession still on the cards?
Updated On : 24 Jul 2023 | 9:42 PM IST

Global recession, crisis due to Russia-Ukraine conflict led to fall in FDI

Threat of a global recession, economic crisis triggered by the Russia-Ukraine war and dip in the real GDP growth rate of countries like Singapore, the US and UK are some of the reasons for FDI decline in India in 2022-23, Parliament was informed on Friday. Foreign direct investment (FDI) into India declined 22 per cent to USD 46 billion in 2022-23, dragged by lower inflows in computer hardware and software, and automobile industry. Total FDI, which includes equity inflows, reinvested earnings and other capital, also declined 16 per cent to USD 70.97 billion in the last fiscal as against USD 84.83 billion in 2021-22. In a written reply to the Rajya Sabha, Minister of State for Commerce and Industry Som Parkash said the major reasons for shortfall in FDI in 2022-23 include a tighter financial environment and a string of financial crises in global markets in general and developing markets in particular besides the economic crisis due to Russia-Ukraine conflict. "Post pandemic, countri

Global recession, crisis due to Russia-Ukraine conflict led to fall in FDI
Updated On : 21 Jul 2023 | 4:51 PM IST

Citigroup downgrades US stocks amid recession risks, upgrades Europe

Strategists at the brokerage downgraded UK stocks on a lack of exposure to growth stocks and a stronger pound

Citigroup downgrades US stocks amid recession risks, upgrades Europe
Updated On : 10 Jul 2023 | 7:17 PM IST

Largest US banks would survive severe recession, Fed's 'stress tests' show

The nation's 23 largest banks passed the Federal Reserve's so-called stress tests this year, a sign that the nation's banking system remains resilient despite the recent banking crisis that led to the failure of Silicon Valley Bank, Signature Bank and First Republic Bank. The Fed's report issued Wednesday did show some relative weakness among the midsize banks and "super regional" banks, with some getting a passing grade with a smaller cushion than usual. Those results could raise eyebrows among investors and policymakers. Fed policymakers also hinted that they could make the tests harder in future iterations, due to the banking crisis earlier this year. We should remain humble about how risks can arise and continue our work to ensure that banks are resilient to a range of economic scenarios, market shocks, and other stresses, said Michael Barr, the Fed's vice chair for supervision, in a statement. The stress tests have become an annual report card for the nation's financial system

Largest US banks would survive severe recession, Fed's 'stress tests' show
Updated On : 29 Jun 2023 | 7:24 AM IST

Recession risk, rate rises drive down private equity deals to 4-yr low

Since the start of the year, buyout firms have been unable to secure cheap debt and have had to draw on their own funds, marking a departure from traditional leveraged buyouts

Recession risk, rate rises drive down private equity deals to 4-yr low
Updated On : 26 Jun 2023 | 3:39 PM IST

Britain witnesses recession and flood of job losses if rates hit 6%

The UK has so far weathered the cost of living crisis without falling into recession

Britain witnesses recession and flood of job losses if rates hit 6%
Updated On : 17 Jun 2023 | 1:19 PM IST

China snips key lending rate as economy tumbles; retail sales jump

The People's Bank of China lowered the rate on its one-year loans

China snips key lending rate as economy tumbles; retail sales jump
Updated On : 15 Jun 2023 | 11:24 PM IST

New Zealand's economy dips into recession as higher interest rates bite

New Zealand's economy has dipped into recession as higher interest rates take their toll, new figures released Thursday show. Gross domestic product fell by 0.1 per cent in the March quarter, following a revised 0.7 per cent fall in the previous quarter, Statistics New Zealand said. That fulfils the nation's definition of a recession, which is at least two consecutive quarters of negative growth. The slowdown comes after New Zealand's central bank raised its benchmark interest rate 12 straight times to 5.5 per cent as it tries to tame inflation. The rate is at its highest level since 2008, making it more expensive for people to borrow money for homes, cars and other purchases. The Reserve Bank of New Zealand has indicated it doesn't plan to raise the rate any further for now and that its next move will be a cut. The downturn in growth was in line with economists' expectations, and the currency was little changed, with one New Zealand dollar trading at around 62 U.S. cents. Taken ov

New Zealand's economy dips into recession as higher interest rates bite
Updated On : 15 Jun 2023 | 3:05 PM IST

Australia has 50% chance of sliding into recession this year, says CBA

The Commonwealth Bank of Australia on Friday downgraded its economic forecasts following a recent cash rate increase, saying the country has a 50 per cent chance of sliding into recession this year

Australia has 50% chance of sliding into recession this year, says CBA
Updated On : 09 Jun 2023 | 4:16 PM IST

Power shock:  Euro zone saw winter recession, more challenges ahead

Along with Germany, GDP also declined in Greece, Ireland, Lithuania, Malta, and the Netherlands

Power shock:  Euro zone saw winter recession, more challenges ahead
Updated On : 08 Jun 2023 | 11:44 PM IST

88% Indians unaware of the existence of AI tools: Axis My India survey

Out of the people who were aware of these tools, 26 per cent said these tools have the potential to replace human jobs

88% Indians unaware of the existence of AI tools: Axis My India survey
Updated On : 06 Jun 2023 | 4:04 PM IST

TMS Ep444: JioCinema, recession in Germany, Adani stocks, heat dome

Is JioCinema ready for the big league? Will recession in Germany hit the Indian economy? Has the rally in Adani stocks run its course? What is heat dome? All answers here

TMS Ep444: JioCinema, recession in Germany, Adani stocks, heat dome
Updated On : 31 May 2023 | 11:18 AM IST