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economic slowdown news

Trade war pushing US toward recession? Here's what economists are saying

U.S. President Donald Trump's tariffs to cause ripple effect on US economy?
Published on Apr 29, 2025 07:24 am IST

Backlash as MCD hikes trade licence fee by 15%

The revised licence rates apply across sectors including health trade, general trade (vegetables, fruits, cloth, etc.), and storage (warehouses, godowns). (REUTERS)
Published on Apr 11, 2025 06:00 am IST

Donald Trump announces sweeping new tariffs, risks inflation and trade wars

President Donald Trump speaks during an event to announce new tariffs in the Rose Garden at the White House on April 2 (AP)
Updated on Apr 03, 2025 02:53 am IST

Gold holds near $3,000 as US spending data adds to economy slowdown concerns

Gold bullion traded just below an all-time high, following a 0.6% gain on Monday.
Published on Mar 18, 2025 10:07 am IST

Oil prices rise as US vows to continue operation against Houthis ‘for weeks’

A ship fires missiles at an undisclosed location, after U.S. President Donald Trump launched military strikes against Yemen's Iran-aligned Houthis on Saturday over the group's attacks against Red Sea shipping.
Published on Mar 17, 2025 06:36 am IST

Budweiser APAC to lay off thousands amid weak Chinese demand

The reason for the weakening demand in China is that consumers are reducing their spending due to an economic slowdown and property market slump.
Published on Mar 13, 2025 08:07 pm IST

Foreign investors moving from India to China after 113 lakh cr selloff: Report

The stock rotation trend from China to India has now been visibly reversed following the stock rout.
Published on Mar 09, 2025 08:31 am IST

All-party meeting held ahead of Budget session in Parliament

Union Ministers Rajnath Singh, JP Nadda, and Kiren Rijiju with MoS L. Murugan and Arjun Ram Meghwal during an all-party meeting, ahead of the Budget session of Parliament, in New Delhi.
Published on Jan 30, 2025 01:08 pm IST

India's GDP growth slows to 5.4% in Q2 2024-25: Govt data

India's GDP growth slows to 5.4% in Q2 2024-25, govt data shows (Shutterstock)
Updated on Nov 29, 2024 06:41 pm IST

Why is Pakistan facing a mass exodus of skilled talent?

2023 saw the highest emigration rates in years in Pakistan, a UN report said.
Published on Nov 01, 2024 11:40 am IST

China challenges dim European firms' investment appetite, lobby group says

China challenges dim European firms' investment appetite, lobby group says
Published on Sept 11, 2024 08:04 am IST

Premature to talk about US recession based on one-month data: RBI Governor

Reserve Bank of India (RBI) Governor Shaktikanta Das delivers the Monetary Policy Statement, in Mumbai. (PTI)
Published on Aug 08, 2024 05:25 pm IST

To reach its economic potential, India must abandon protectionism

PREMIUM
India’s government is convinced that reducing imports is necessary for its security and creating manufacturing jobs, and especially hopes to reduce imports from China.
Published on Aug 18, 2023 01:37 am IST

At halfway mark, how is India’s G20 stint going?

PREMIUM
G20 summit set to be held in Delhi on September 9-10
Published on Jun 09, 2023 05:42 pm IST

Layoff watch: These tech firms are looking at job cuts amid economic slowdown

A closed sign hangs in the door of a temporarily closed down retail outlet in U.K.
Published on Dec 08, 2022 03:59 pm IST

Even tech giants like Amazon and Meta can’t escape the slowdown

The Big tech giants are expected to register one of the slowest growth rates in decades (Reuters)
Updated on Jul 25, 2022 07:15 pm IST

Curfew in Sri Lanka after president loyalists attack protesters; 78 injured

People block a road as they wait for the gas trucks to arrive at the station to distribute for them amid the country's economic crisis in Colombo, 
Updated on May 09, 2022 06:04 pm IST

Unparalleled global recession underway, twice as severe as 2009: Report

Global recession will be twice as severe 2009 recession, says Fitch Ratings.
Updated on Apr 23, 2020 01:07 pm IST

Covid-19 update: India may see first contraction in 40 years on lockdown extension

People queue to collect food during lockdown, in Patna, Bihar on Wednesday.
Updated on Apr 16, 2020 02:15 pm IST

Covid-19 has ‘drastically altered’ India’s growth outlook, shows RBI report

Deserted view of Bypass Rd in Patnha on day fifteen of the 21-day nationwide lockdown to curb the spread of coronavirus.
Updated on Apr 09, 2020 01:28 pm IST

Coronavirus will change the way we shop, travel and work for years

Huge crowd out shopping amid coronavirus outbreak at Central Market, Lajpat Nagar in New Delhi, India, on Saturday, March 14, 2020.
Updated on Mar 15, 2020 10:04 am IST

Manmohan Singh says government is in denial over economic slowdown

Manmohan Singh at the release of Montek Singh Ahluwalia’s latest book ‘Backstage’
Updated on Feb 19, 2020 10:47 pm IST

Indian economy experienced abrupt slowdown, but it’s not in a recession: IMF

India had undertaken some important reforms that over the longer term would be beneficial for the country, but they do have some short-term impact, IMF MD said.
Updated on Feb 01, 2020 08:09 am IST

If BJP stays in power, India won’t recover from slowdown: Chidambaram

Congress leader P Chidambaram waves at party workers as he arrives at Chennai airport
Updated on Dec 08, 2019 12:35 am IST

Loans worth 5 lakh cr, rise in income tax refunds may push up spending

The income-tax department said that it had processed 21 million refunds for the current assessment year 2019-20 as on November 28, 2019, a 20% year-on-year jump
Updated on Dec 04, 2019 09:39 am IST

April-October fiscal deficit stood at 102.4 % of budgeted target

This GDP growth data for the September 2019 quarter is the lowest since January-March of 2012-13, when it was registered at 4.3 per cent. (HT photo)
Updated on Nov 29, 2019 07:56 pm IST

What the Index of Industrial Production numbers mean for economy

The Index of Industrial Production (IIP) has contracted for two consecutive months now.
Updated on Nov 13, 2019 07:58 am IST

Industrial output in September shrinks to lowest in seven years

All components of industrial output—mining, manufacturing and electricity—fell during the month, pointing towards a deepening economic downturn.
Updated on Nov 12, 2019 05:48 am IST