recession - Latest News, Analysis, Opinion - BW Businessworld

The consumer price index (CPI) in the US, which measures the prices of a basket of goods and services, increased by 3 per cent in June

Global Growth, Inflation Continue To Show Diverging Trends

While growth in major advanced economies has been under pressure, the US economy continues to remain on a solid footing, it says

Two-thirds Of Economists, Major Banking Leaders Think US Not Going To Have Recession: Biden

Consumers are already cutting back on spending to a level that is consistent with two per cent inflation, Moynihan said, citing Bank of America customer data

Recession In Germany: Is A Crash Coming To India?

Abhishek Sharma

Despite the challenges posed by Germany's recession, experts believe that this also presents opportunities for the Indian economy

Goldman Sachs Lowers China's GDP Forecast to 5.4% Due to Limited Stimulus Options: Report

The bank has lowered its estimates for China's gross domestic product (GDP) growth in 2023 from 6 per cent to 5.4 per cent

Eurozone Enters Recession As Economy Contracts In Q1 2023: Report

New data indicates that the Gross Domestic Product (GDP) of the 20-nation economy shrank by 0.1 per cent in the first quarter of this year

Eurozone Enters Into Recession, Shrunk By 0.1%: Eurostat

Eurostat downgraded its previous predictions of 0.1 per cent growth in the final quarter of 2022 and 0.2 per cent growth in the first quarter of 2023 to 0.1 per cent contractions in both periods

Germany Recession May Impact Indian Exports: CII

The think-tank Global Trade Research Initiative (GTRI) estimates a USD 2 billion impact on India’s export including products like smartphones, apparel, footwear and leather goods

After Germany Enters Recession, Fears Of 'Technical Recession' In Singapore

Singapore's economy is heavily dependent on exports, weakening after several agencies forecasted a slowdown in global economies in 2023

German Economy Enters Into Recession As Inflation Hurts Consumers

This follows a decline of 0.5 per cent in the fourth quarter of 2022 as recession is commonly defined as two successive quarters of contraction

Global Economy Staring At Possibility Of Slowdown As Fears Re-emerge Over Recession In US

The report said global markets turned cautious once again amidst renewed concerns of a banking crisis looming for the second time in the last two months along with the debt ceiling standoff in the US

‘CX Is Very Important As We Head Into Recessionary Economic Environment’

Rohit Chintapali

Tech

In a conversation with BW Businessworld, Rob Tarkoff, Executive Vice President & General Manager - CX, Oracle Corporation, speaks on the importance of customer experience (CX) against the backdrop of growing fears of recession, importance of AI and more. Read on for the excerpts from the interview.

India May Benefit Despite Recession Likely In 2023: WEF Survey

According to the report, South Asian economies, including Bangladesh and India, could benefit from global trends like the diversification of manufacturing supply chains away from China

Gartner Reports Largest Quarterly Decline In PC Shipments Since Mid-90s In Q4 2022