Novelis derives about 60 percent of its product mix from beverage packaging, with the remainder spread across automotive, aerospace, and electronics sectors.
Economists led by Jan Hatzius lowered their 2025 Q4-to-Q4 GDP growth forecast to 0.5% from 1% and raised the 12-month recession probability to 45%
Investors need to be wary of heavily tariffed countries (relative to India) as they increase the risk of dumping
Trump’s steep tariff hikes reshape global trade, with India finding both challenges and unexpected opportunities
Much like rest of the world, Americans are also concerned about the impact of tariffs. The Wall Street journal reports said tariff was the main talking point in nearly 700 earning calls.
Valuation makes the Indian market vulnerable to a military escalation. The gap between Nifty earnings yield and the 10-year G-Sec yield is closer to the average during historical market peaks
Urban consumption shows some signs of weakness, evident in the decline in automobile sales in the first five months of FY25 YoY, says FinMin's August economic review
Many factors, apart from central bank actions, are responsible for the soft landing
The Federal Reserve has brought down inflation but must now steer the economy away from recession
The MSCI All Country World Index (MSCI ACWI) too will attempt a ninth day of rise — its longest gaining streak since December, data from Bloomberg showed.
On rising concerns over the possibility of a recession in the world’s largest economy, Aziz says that he is looking at an uptick in the growth rate in the US in 2025.
Investors are going to have to live with some uncertainty
The Sahm rule indicates that the US is in the midst of a downturn, but it’s not quite there yet
Jamie Dimon said the US Fed will will likely cut rates soon. “I don’t think it matters as much as other people think,” he added.
Lower-than–expected job growth in July have fanned fears of the US slipping into a recession, which spooked markets as well
Domestic companies had just begun tapping the offshore debt market this year, following very little activity in the last two years on account of the US Fed raising interest rates in the wake of the Russia-Ukraine conflict and global inflation. The new developments could prove a dampener.
The economy is in much better condition now than it was a decade and a half ago, so a downturn is less scary
Indian markets plunge nearly 4% amid US recession fears and Middle East tensions, prompting experts to advise investors to adopt a cautious wait-and-watch approach rather than buying the dip.
A cut in policy rates still depends on the trend in inflation, but a hike on the face of recent macro weakness is unlikely
From Boeing facing FAA scrutiny, Tesla settling Autopilot-linked fatal crash lawsuit to Intel and Google unveiling new chips and Binance's rebirth, here's a look at recent business developments around the world
Applying the logic of the rule to individual states would reveal that 20 of them should be in a recession, right? Instead rising unemployment rates in places such as California, New York and New Jersey actually reflect economic strength
The FOMC is expecting a longer road ahead in the fight against inflation
Concerns over global growth have escalated with two of the world’s largest economies in technical recessions. Japan and the UK both reported their second consecutive negative quarters of GDP last week. However, some of these worries have allayed with US posting robust growth figures due to a rise in consumer spending.
UK and Japan slipped into recession at the end of 2023. But what exactly is a recession and is it any different from what it is commonly thought to be?
The message from this week’s economic data is pretty gloomy. GDP shrank by 0.3% in the final three months of last year, after a 0.1% contraction in the previous quarter. For all of 2023, the economy grew just 0.1%; more worrying is 1% compression in the private sector in the final nine months of last year