Recession Hit Economy

Sep 02, 2015 at 19:55 | Source: PTI
As a nationwide strike of trade unions hit banking and other services on Wednesday, business chambers pegged the loss to the economy at a staggering Rs 25,000 crore.
Aug 24, 2015 at 08:42 | Source: Reuters
Other commodities also hit fresh lows in early Asian trading as fears spread that a more severe slowdown in China would pull down other economies in the region, denting energy and raw material consumption.
Aug 13, 2015 at 18:16 | Source: PTI
The news came as a rare ray of light for the debt-swamped eurozone country, as its parliament prepares to vote today on a new 85 billion euro (USD 94 billion) bailout deal with international creditors - its third rescue plan in half a decade.
Aug 12, 2015 at 09:45 | Source: Reuters
Brent futures initially edged up before continuing their slide of the last two months as China's yuan hit a four-year low, slipping further a day after authorities devalued the yuan in a move to support its struggling economy and which sparked fears of a global currency war.
Aug 03, 2015 at 17:14 | Source: PTI
The data came a day before RBI's scheduled monetary policy review meeting, where the central bank is widely expected to keep its policy rates unchanged. However, some analysts including those at Moody's Analytics expect a rate cut as a sustained recovery is yet to be seen in manufacturing sector.
Jul 29, 2015 at 12:52 | Source: CNBC-TV18
Ruchir Sharma of Morgan Stanley is of the view that China is neither in control of its equity market, nor its overall economy and that poses a significant global economic risk.
Jul 17, 2015 at 13:04 | Source: Reuters
Bullion took a hit after Federal Reserve Chair Janet Yellen told Congress the US central bank is on track to lift interest rates this year if the US economy expands as expected, sending the dollar to a seven-week high versus a basket of currencies.
Jul 13, 2015 at 08:51 | Source: CNBC-TV18
The impact of a Greek exit will be largely sentimental as far as India is concerned as there is no direct link between Indian and European economies, says Hans Goetti, Head of Investment-Asia, Banque Internationale Luxembourg.
Jul 04, 2015 at 14:38 | Source: CNBC-TV18
In an interview with CNBC-TV18, Steve Hanke, professor at John Hopkins University said it is the new government that led to fall of the banks in Greece.
Jun 17, 2015 at 13:43 | Source: PTI
Quake-hit Nepal needs fund equivalent to one third of its economy to recover from the deadly disasters which killed nearly 9,000 people, according to a World Bank report released on Wednesday.
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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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