Page 23 - Recession

Coronavirus wrap: Trains cancelled, French Open deferred, recession feared

The coronavirus pandemic upset a range of things on Tuesday - from deferred sport championships to cancelled trains in India. Here is a look at all you must know

Coronavirus fear: Morgan Stanley, Goldman declare global recession underway

The outlook could darken even further if the virus lasts longer than anticipated, or wields greater economic pain -- given factories, schools, restaurants and shops are closing around the world

Oil sinks below $30 as recession fears weigh amid coronavirus pandemic

Brent crude slipped 1.5% to $29.57 a barrel at 1316 GMT, having earlier touched $29.44, the lowest since January 2016

Coronavirus hurts markets again; RBI will do 'whatever it takes' for help

On Sunday, the US central bank slashed interest rates by 100 points to near zero and said it would boost its bond holdings by $700 billion

Recession risk calls for joint response, says UN chief Antonio Guterres

The pandemic had created a "real and growing risk of a global recession," the former Portuguese premier said

Policy after COVID-19

Globally, economic policy could soon be in uncharted territory

Rupee sinks to fresh 17-month low over coronavirus, recession fears

Indian equity markets suffering their worst single-day losses and stock indices slipping into bear territory also hit the rupee sentiment

Australia unveils $11-bn stimulus to curb Coronavirus, avert recession

Australia's economy had already been limping before the coronavirus hit -- with raging bushfires and drought slowing growth to a stall

Facing recession, Europe expects stimulus measures from ECB ahead of meet

The world is facing a medical emergency that monetary and fiscal policy cannot fix, said Holger Schmieding, chief economist at Berenberg private bank

Best of BS Opinion: Italy locks down, branded generics market, and more

From why analysing state Budgets can be a challenging exercise to how the success of fact-checkers lies in the failure of journalism, here's a selection of Business Standard Opinion pieces for the day

Coronavirus outbreak: Govt suspends visas for three more countries

Dell advises work from home after employee tests positive; Mindtree, too, reports a case

That 1970s feeling

Next global recession could be around the corner and it may look a lot different from those that began in 2001 and 2008

Coronavirus cases in India cross 60; UNCTAD warns of global recession

The United Nations Conference on Trade and Development said the virus outbreak can cost global economy up to $2 trillion this year

How coronavirus outbreak is reshaping Italy's economy as recession looms

The country has already shed 4% of GDP in back-to-back recessions in the first two decades of the century, and recovery has been stalled for the last two years

South Africa slips into recession, pressure mounts on Prez Ramaphosa's govt

The weak performance adds pressure on President Cyril Ramaphosa's administration which has been struggling to keep his election pledge to revive economic activity

That recession everyone feared just got priced out by a record stock rally

Very big years in markets rarely come right before recessions

India impacted by global recession, will emerge from it, says Rajnath Singh

India's GDP growth slowed for the sixth consecutive quarter in the July-September quarter to 4.5 per cent as manufacturing slumped on low domestic consumption.

Economy may have slowed, but there's no recession, and there won't be: FM

Replying to a discussion on the economic situation, Nirmala Sitharman reeled out numbers to compare UPA and NDA

Stark recession warning of inverted yield curve looks so last year

Global share prices also aren't indicating trouble ahead on the economic front

Art in the time of recession

What insiders wish for is a revival of interest in contemporary artists and their work; many who made a name for themselves before the 2008 crash have still to recover