Large economies staring at long recession, emerging economies need to drive global growth: FM
Sitharaman says the emerging market economies will need to see whether they can become the engines of global growth.
global recession
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Budget 2023: Is India ready to face global recession?
Distress signals: In FY23, average income and consumption may not breach FY20 level, fiscal spending is lower than FY21 and FY22 and trade deficit zooms to 6% of GDP by December 2022
Budget 2023: Ideas For Budget 2023
Leading experts discuss what finance minister Nirmala Sitharaman can do to give a booster shot to the Indian economy.
'General concern across industry is consumers being squeezed': The Body Shop CEO
In the backdrop of Russia-Ukraine war as well as higher inflation and energy costs, there is a general concern across the industry that the consumer is being squeezed, says David Boynton
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.
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.
