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Global economy must start bracing for low inflation: Ex RBI Guv Raghuram Rajan

. “We need to assess if we didn’t recognise inflation building or we were actually waiting for our instruments to play out, wanting to preserve them for the next time.” said Raghuram Rajan, a former governor of Reserve Bank of India.

Former RBI governor Raghuram Rajan(Arijit Sen/HT Photo)
Former RBI governor Raghuram Rajan(Arijit Sen/HT Photo)
Published on Dec 02, 2022 02:44 PM IST

Global economy faced steep challenges in 2022 due to these 3 powerful forces

2023 may feel like recession for many, the IMF warned in its October ‘Cost-of-living crisis’ report.

A man walks in front of the European Central Bank in Frankfurt, Germany. (File/ Representational) (AP)
A man walks in front of the European Central Bank in Frankfurt, Germany. (File/ Representational) (AP)
Published on Nov 21, 2022 09:05 AM IST

2023 may not ‘be easy year' for businesses. Here's what's expected| Top 10

The global economy is not expected to recover soon following the aftermath of the Ukraine war and the pandemic.

(File photo/ Representational) (REUTERS)
(File photo/ Representational) (REUTERS)
Updated on Nov 18, 2022 08:11 AM IST

Global economy on the verge of a downturn amid persistent inflation: Moody's

"For India, the 2022 real GDP growth projections have been lowered to 7 per cent from 7.7 per cent. We expect growth to decelerate to 4.8 per cent in 2023 and then to rise to around 6.4 per cent in 2024," according to the report Global Macro Outlook 2023-24.

Global economy faces a reckoning over inflation, geopolitics and policy trade-offs. (AP)
Global economy faces a reckoning over inflation, geopolitics and policy trade-offs. (AP)
Published on Nov 11, 2022 07:33 PM IST

Labour shortage costing German economy $85 billion per year

With workers in high demand and inflation jumping to 10.9% last month -- German public sector staff are seeking a 10.5% pay boost, while metals workers are demanding an 8% raise.

A photo taken on October 16, 2022 shows a herd of sheep near the coal-fired power plant Neurath in Luetzerath, western Germany. (AFP)
A photo taken on October 16, 2022 shows a herd of sheep near the coal-fired power plant Neurath in Luetzerath, western Germany. (AFP)
Published on Oct 17, 2022 02:10 PM IST
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