Browsing: Recession

IT sectors like TCS, Wipro, and HCL Tech are bringing back workers to the office, but workers are responding by…

A “long and ugly” global recession that might begin at the end of this year and last well into 2022 has been predicted by economist Nouriel Roubini, who is well recognised for correctly predicting the financial crisis the world experienced in 2008. He also anticipated a significant drop in the S&P 500. His warning comes in the wake of the Covid-19 outbreak and Russia’s invasion of Ukraine, along with high inflation rates in the US and all other major economies.

The Fed is expected to raise its benchmark interest rate by 0.75 percentage points. This Wednesday boost is reportedly to…

Following early signs of an American recession, TeamLease Services said on Wednesday that hiring in the information technology (IT) industry,…

A $18 trillion wipe-out from the markets along with indices showing downgrades to be higher than upgrades have forced investors…

If the economy worsens, petroleum could fall to $65 per barrel. WTI futures experienced their biggest decline in almost three…

While many advanced economies are expected to face inflation soon, India has a very low risk of slipping into recession. India is expected to benefit from these economic situations.

According to Nomura, the US is expected to face ‘a prolonged mild recession’ soon. This will affect the Indian economy in the mid-term. The growth is expected to slow down. 

Elon Musk CEO of Tesla has an intuition that the economy may crumble and that’s why he wants to cut…