Downturn

After two successive waves of the widespread COVID-19 pandemic and the resultant hit to incomes and jobs, domestic demand has tumbled as households scale back spending. FICCI has argued in favour of specific income support to rural India as well as urban poor, income tax reductions for the middle class, and temporary reductions in indirect taxes.

Should I wait for a downturn to invest?

Markets by their very nature are impossible to predict. With all the known information already factored in, it is extremely difficult to forecast where things will move next in the short term.

US has reversed 2008-like downturn: Bain Capital's Pagliuca

Speaking to CNBC-TV18's Menaka Doshi on the sidelines of the World Economic Forum held in Davos, Pagliuca says the US has come back from the 2008-09 situation very strongly.

Five money management tips to navigate the downturn

Vicky Mehta of Morningstar India lists out five tips that will help one to navigate the downturn that is witnessed currently. He recommends on taking steps such as creating a contingency reserve and so on.

Here's how to deal with the current economic scenario

Suresh Sadagopan of Ladder7 Financial Advisories elaborates six points on how one can go about in the current market scenario.

Cong hiding behind 'burqa' of secularism: Modi

Gujarat Chief Minister Narendra Modi attacked PM Manmohan Singh over the downturn in the economy and accused the Congress of hiding behind a veil of secularism.

Infy ups focus on domestic mkt on global slump: Sources

CNBC-TV18‘s Sunanda Jayaseelan reports, quoting sources that IT bellwether Infosys is placing more bets on the domestic market with global markets seeing a downturn and uncertainity gripping business in India

RBI proposes dynamic plans for provisioning

CNBC-TV18'S Avni Raja reports on the details of the Dynamic Provisioning Norms as proposed by the RBI to help banks survive tough economic situations.

Letter From The Editor: Celebrate the Slowdown

The mood is understandably cautious. But no one is losing sleep over the uncertainty in the current business environment.

India is integral part of our strategy to go global: SKF

The Forbes India Show catches with Tom Johnstone, who runs the world's largest bearing company, SKF AB to figure if the manufacturing industry is really seeing a slowdown or not and whether the situation is anything like in 2008.

How did the euro zone get into its debt mess?

The 17 nations sharing the euro are in deep crisis, saddled with massive debts and dangerously weakened by political division over how to find a way out, just as the world economy flirts with another downturn.