Global Economy
Opinion  /  Published 07.05.20

Crossroads ahead

In an editorial on April 3, the Financial Times of London wrote: “Radical reforms — reversing the prevailing policy direction of the last four decades — will need to be put on the table. Governm...
By Prabhat Patnaik in

Business  /  Published 04.05.20

Trade war fears pull down stocks

The stock markets turned hugely volatile on Monday with the Sensex shedding over 2000 points to close below 32000 on negative cues from the global markets and disappointment over the extension of the ...
By Our Special Correspondent in Mumbai

Business  /  Published 23.03.20

Sensex suffers worst single-day fall

The stock markets suffered their worst ever single-day crash on Monday, with the benchmark indices plunging as much as 13.15 per cent, as panicked investors remained in a selloff mode amid lockdowns i...
By Our Special Correspondent in Mumbai

Business  /  Published 19.03.20

Rupee closes at all-time low of 75.12

The rupee on Thursday fell below the 75 mark against the dollar for the first time ever as foreign portfolio investors continue to dump local stocks and bonds in favour of the US currency amid the cor...
By Our Special Correspondent in Mumbai

Business  /  Published 24.02.20

With the spread of coronavirus, global recession pointers emerge

Early signs of a global recession sprang up across the globe on Monday with the spread of the coronavirus outside China driving fears of a pandemic with deaths reported from far-flung Italy, Iran and ...
By TT Bureau in


Business  /  Published 08.06.20

World Bank sees 3.2 per cent shrink

India’s economy will shrink 3.2 per cent in the current fiscal, the World Bank said on Monday as it joined a chorus of international agencies that are forecasting a contraction in the growth rate be...
By Our Bureau and Agencies in Washington

Business  /  Published 26.02.20

Global recession fears rise as coronavirus spreads

A global recession is likely if coronavirus becomes a pandemic, and the odds of that are uncomfortably high and rising with infections surging in Italy and Korea, Moody’s Analytics said on Wednesday...
By PTI in New Delhi

Business  /  Published 01.04.20

Covid-19 depression swamps markets

Markets began the financial year with yet another bruising selloff on Wednesday as the global sentiment remained grim because of the Covid-19 pandemic. Reversing the previous session’s gains, the 30...
By Our Special Correspondent in Mumbai

World  /  Published 12.09.19

ECB acts to head off recession threat

The European Central Bank took steps on Thursday to stimulate the eurozone economy, moving to head off a downturn before the problem gathers momentum.In a bid to increase lending, the bank increased t...
By Jack Ewing/ NYTNS in Frankfurt

Business  /  Published 24.03.20

Weak government measures nix market rally

Benchmark indices pared their gains as union finance minister Nirmala Sitharaman did not come up with the much awaited economic package to deal with the effects of the coronavirus.The 30-share BSE Sen...
By Our Special Correspondent in Mumbai


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