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Recession Hit Economy

Aug 29, 2016 at 17:30 | Source: PTI
The slump in oil prices last year is one of the factors that helped Indian economy notch up big gains by cutting its import bill and reining in inflation.
Aug 29, 2016 at 08:04 | Source: Reuters
A solid US labor market "has strengthened" the case for the first rate increase since last December, Fed Chair Janet Yellen told a central banking conference in Jackson Hole, Wyoming. Several of her colleagues said the increase could come as soon as next month if the economy does well.
Aug 26, 2016 at 15:16 | Source: Reuters
The overwhelming view from economists is that it is too early to know how Britain will cope with years of Brexit uncertainty - but there is a growing belief the country can avoid a recession that only weeks ago was regarded as likely.
Aug 26, 2016 at 10:17 | Source: Reuters
Several policymakers said raising interest rates gradually would allow them to stimulate the economy for longer, but that an overheating economy could end in a recession.
Aug 19, 2016 at 15:43 | Source: Reuters
The first official data covering the post-referendum period, published this week, has shown no immediate big hit to Britain's economy as retail sales surged in July and claims for unemployment benefits fell.
Aug 15, 2016 at 11:20 | Source: PTI
Announcing this from the ramparts of the Red Fort during his Independence Day speech, Modi said the entire economy of a poor household gets hit when somebody falls ill and this scheme will ensure that such families are not deprived of healthcare benefits.
Aug 09, 2016 at 12:38 | Source: Reuters
Rajan left key policy rates unchanged, as inflation hit a nearly two-year high, and he cautioned that price adjustment from GST could add to generalized inflation in the economy.
Aug 03, 2016 at 09:46 | Source: CNBC
Following the UK's vote to leave the European Union in June, the economy is seen falling by 0.2 percent in the third quarter, with the risk of further decline into recession, the National Institute of Economic and Social Research (NIESR) said on Wednesday.
Jul 31, 2016 at 13:46 | Source: PTI
After hitting a high of USD 121.6 billion in April, India's holdings came down by USD 3.6 billion in May, as per the latest data from the US Treasury Department.
Jul 28, 2016 at 14:29 | Source: Reuters
Preparing for a Brexit-related slowdown, Lloyds Banking Group said it would cut 3,000 jobs and one of Britain's biggest car dealerships, Inchcape, predicted growth in new car registrations would slow.
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Source:Economic Times - LONDON: Bank of England policymakers recently voted 7-2 in favour of pumping out another £50 billion (62 billion euros, $79 billion) of new cash to help Britain`s recession-hit economy, minutes showed on Wednesday. BoE Governor Mervyn King and six other central bank members

10.21 PM Jul 18th 2012

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Source:Economic Times - ATHENS: Greek Prime Minister Antonis Samaras on Friday said his new government would focus on turning around its recession-hit economy, proceed with a privatisation plan and push through much-needed reforms. In his first major policy speech since taking office last month

12.53 PM Jul 7th 2012

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Source:Economic Times - LONDON: The Bank of England began a two-day monetary policy meeting here on Wednesday that was widely expected to result in more stimulus to boost Britain`s recession-hit economy. Britain`s BoE is set to keep its key interest rate at a record-low 0.50 percent -- where

10.21 AM Jul 5th 2012

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Source:Economic Times - ATHENS: Greece has seven to eight months to turn around its recession-hit economy and make use of EU funds and a landmark debt rollover or market fears will return, the prime minister`s economic advisor said on Monday.

1.19 PM Mar 27th 2012

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