Search result for slowdown
Fed Minutes predict a 'soon' slowdown in interest rate hikes and a 'likely' recession in 2023
According to meeting minutes disclosed Wednesday, Federal Reserve officials agreed in November that they would need to halt the pace of interest rate rises shortly.
While noting that inflation had not yet showed significant indications of abating, the minutes stated that "a strong ...
Oil prices are falling as China's economic slowdown harms demand
According to Reuters, oil prices were neutral on Friday as China's COVID-19 lockdowns dragged on the forecast for petroleum demand, but supply disruption fears stemming from Western sanctions limiting Russia's crude and product exports supported prices.
Brent crude futures were ...
SOUTH KOREA RECORDS LOWEST CHILDBIRTH RATE IN OCTOBER ON-YEAR PACE
Highlights –
- South Korea records the lowest childbirth rate in October on-year pace.
- The data was compiled by Statistics Korea.
- The data showed around 21,934 babies were born in October, down by 14.4% from a year earlier.
- I...
Malaysia to tackle Covid-2019 with economic stimulus
Malaysian Prime minister Dr. Mahathir Mohamad with his economic advisors has come to a decision to announce an economic stimulus to blunt the effect of Coronavirus outbreak on economy. Financial Minister claimed that these effort are being to eliminate all the external effects of Covid-19 on the ...
AMIDST CORONA VIRUS OUTBREAK, WILL ECONOMY OF CHINA BE ABLE TO BOUNCE BACK?
Highlights:
-Corona virus outbreak in China has taken many lives.
-Common people will have to brace an economic slowdown.
-Many sectors are getting affected badly.
Ongoing corona virus outbreak in China has taken many live...
DESPITE WORRIES OF A GLOBAL AUTOMOTIVE SLOWDOWN, EV REVENUES ARE EXPECTED TO GROW BY 2020
Highlights:
- Expectedly in 2020 sales of electric vehicles shall rise exponentially.
- China expects a stagnation or decline in car sales in 2020
- American consumers are moving from purchasing cars to trucks as well as SUVs
Global car sales fe...
THE SLOW GROWTH OF INDIAN ECONOMY WILL AFFECT COMPANY BOND YIELD
India’s corporate borrowers are likely to expect a helping hand from the central bank. They are hit by a slowing economy and a recent uptick in borrowing costs.
According to market participants, this week, the Indian corporate bond yields observed a jump. It was due to surprisingl...
HOW THE CURRENT TRENDS OF INDIAN ECONOMY RELATE TO JOHN MAYNARD KEYNES'S DIAGNOSIS
N Gregory Mankiw, Professor, Economics, Harvard University had stated in New York Times in 2008 after the financial crisis of 2007-08 on how the challenges that the world was facing then can be explained by John Maynard Keynes's diagnosis of recessions and depressio...
INDIA CONCERNS OVER THE DOMESTIC SAVING RATE FALL IN THE ECONOMY
There is an emerging fear in the country on lack of resources in its economy pertaining to the slow growth. This put questions over fund that could bring about revival in commercial activity and investments.
Such concerns are fueled by the domestic saving rate fall in the economy...
India might fall under middle - income trap: Experts
Experts are brainstorming on the possibility that India might fall under the trap of a middle-income trap. The term which refers to a sustained economic slowdown following a period of strong growth was coined by World Bank economists Homi Kharas and Indermit Gill in 2006.
...
Economy in 2019 ended on a better note
Leaving the fourth-quarter growth scare behind, the U.S. economy seems to end the 2019 well.
On Tuesday, Manufacturing and trade reports confirmed that GDP is on pace to rise more than 2% for the period.
The Atlanta Fed estimates the gain to be at 2.3%. It is better as in the ...
Challenges faced by the auto sector in 2019
In terms of job cuts, 2019 turned out to be one of the worst years for automotive staff around the world. Decreasing vehicle sales in the face of predictions of economic slowdown and a tectonic change in automobile development has taken a toll on the automotive industry. As a result, manufacturer...
Indian Economy is witnessing great slowdown: Arvind Subramanian, Former CEA
India’s former Chief Economic Adviser (CEA) Arvind Subramanian stated that India is facing a "Great Slowdown". Primarily due to a "second wave" of the twin balance sheet crisis at banks, its economy is headed for the intensive care unit.
He add...
Three major downturns behind India's ongoing economic slowdown
The downturn behind India's ongoing economic slowdown in three major sectors–investment, consumption, and demand–is unlikely to show any decline in the coming year 2020. The investment is unlikely to pick up soon due to ongoing blockages in financial networks, limited government s...
Economic slowdown expected to weigh on the banking system
The economic slowdown is expected to weigh on the banking system's credit offtake, but the brokerage firm BNP Paribas says the sector should rebound in India due to lower fund rates, production efficiencies and lower taxes.
The brokerage said improved operating productivity generate...
35.7 bln USD disbursed business sentiment in India
NEW DELHI, November 22 — State-run banks in India distributed some 250,000 crore Indian rupees as loans in October to raise the overall business confidence, official sources in the Ministry of Finance stated on Friday.
The previous month, the government-run banks held loan camps i...
NSE expected to rise in the last month
Amid the global economic slowdown, the nations have been suffering great losses with the added difficulties from the trade war between the United States and China and also the Brexit issue of the European Union. Indian economy and markets are not oblivious to these global conditions.
Th...
IOC to offer bonds as the trend of bonds decline
Amidst the global economic slowdown, the Indian bonds have taken a coupled hit from the global economy as well as their local economy and have caused the bonds and funds to take a dip and drop their valuations substantially.
Indian Oil Corporation plans to raise Rs 3,000 crore from the ...
A messy finance affair of the Indian economy
Indian finance has been in quite a mess as there are new reforms happening amidst the global and national economic slowdown that has been due since the government of India has announced the reforms that impacted the nation negatively to name a few are demonetization and merging of banks and funds...
Women in Indian Finance
The Indian financial landscape is undergoing a dramatic change with the global economic slowdown and the unplanned reforms. India witnessed a surge in bank account ownership during the 2011-2017 period amounting to 80 percent of Indians owned a bank account in 2017–an ...