Jeff Bezos' warns of global recession; tells consumers to avoid unnecessary spending
Last week, the Amazon founder said the state of the economy does not look good and hence layoffs are taking place across sectors.
global recession
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47% CEOs in India weighing job cuts over next 6 months: KPMG
About 33% CEOs in India and 39% CEOs globally have already implemented a hiring freeze, says KPMG.
Sensex slumps 1,500 pts, rupee hits fresh low; three factors that dragged the market lower
The S&P BSE Sensex and the Nifty50 declined over 2% in opening trade, led by IT heavyweights such as Tech Mahindra, Infosys, Wipro, HCL Tech, and TCS.
Amidst global recession threat, India finds hope!
IMF says global growth prospects have “darkened significantly” as inflation “broadened” beyond food and energy, but FinMin says recession fears have done the opposite – softened inflation pressure
Inflation at 5% by Mar ’23, stagflation more likely than recession: SBI
In recent months, demand-led CPI inflation has moved up a bit, while supply-led CPI inflation continues to moderate, SBI says.
Google puts the brakes on hiring, focus on critical roles
Sundar Pichai, CEO of Google's parent Alphabet, says that Google will recruit with a focus on engineering, technical, and other critical roles.
Leveraging automation for economic recovery
AI and automation will have a critical role to play in helping businesses recover from the Covid-19-led economic downturn.
Covid-19: The art of survival
Maintaining cash balances that allow you to survive many months of significantly lower revenues and perhaps no profits will be the key to survival.
Covid-19: Lockdown extended till May 17
The extension, which takes the total day-count of the lockdown to 54, will add to the challenges that the economy was already facing before Covid-19 took the shape of a pandemic.
Covid-19 takes a toll on alternative assets outlook
Though investors are revising their commitments to alternatives in 2020, most are not adjusting their longer-term plans, says Preqin.
