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Global economy to plunge into worst recession since WW-II, says World Bank. (AFP Photo)

World Bank says global economy to shrink 5.2%, worst recession since...

Per capita incomes are expected to decline by 3.6 per cent, which will tip millions of people into extreme poverty this...

9 Jun 2020 11:06 AM IST

US economy entered recession in February. (AP Photo)

US economy entered recession in February

US gross domestic product fell at a 4.8% annualized rate in the first three months of the year

9 Jun 2020 8:48 AM IST

Japan still in recession, but economy shrank at lower rate. (AFP Photo)

Japan's economy shrinks less than initial estimate but still in...

Export-dependent Japan's economy had contracted at an annual rate of 7.2% in the October-December period

8 Jun 2020 9:32 AM IST

US job losses in May could raise 3-month total to 30 million. (AP Photo)

US job losses in May could raise 3-month total to 30 million

Since mid-March, more than 40 million Americans have applied for unemployment benefits

4 Jun 2020 10:10 AM IST

People queue outside a benefits payment center in Sydney. (AFP Photo)

Australia's economy shrinks in first quarter, headed for first...

The central bank stepped in by cutting the cash rate to a record low 0.25% and launching an unlimited bond buying...

3 Jun 2020 8:59 AM IST

US is expected to report a record-breaking economic plunge. (AP Photo)

US expected to report record-breaking economic fall

A huge plunge in consumer spending sent the economy sinking at a roughly 32 per cent annual rate in the April-June...

30 July 2020 4:07 PM IST

Indias economic outlook has worsened again as business activity slows and COVID-19 infections soar. (PTI Photo)

India's economic recovery at risk as COVID-19 surges, dull outlook...

In the quarter just gone by, the Indian economy is forecast to have shrunk 20.0%, the first double-digit contraction

30 July 2020 1:28 PM IST

Britains Finance minister Rishi Sunak said that hundreds of thousands of people have already lost their jobs, and sadly in the coming months many more will. (AP Photo)

UK economy slips into recession with record 20.4% contraction, job...

Today's figures confirm that hard times are here, finance minister Rishi Sunak said

12 Aug 2020 4:28 PM IST

Indias factory activity grows for first time in five months in August. (PTI Photo)

After five-month gap, manufacturing activity gains momentum in August

Although input prices rose at the sharpest pace in nearly two years, firms have cut prices of their goods for four...

1 Sept 2020 2:40 PM IST

As per new IMF projections, Indias growth in 2016 is now estimated to be 6.6 per cent as against 7.6 per cent earlier. (Photo: AFP)

IMF urges Saudi Arabia to contain spending as deficit widens

Saudi Arabia has embarked on an ambitious reform drive, known as Vision 2030.

23 May 2018 6:41 PM IST

International Energy Agency sees record 2020 oil demand fall due to coronavirus. ()

Corona effect: Record fall in global oil demand

Measures taken to bolster the global economy and to reduce oil supply should allow a "gradual" recovery

15 April 2020 4:38 PM IST