India’s growth, desire to expand is sustainable: FM Sitharaman
Even though the world is facing a recession, Indian exporters have found new markets, says FM.
Even though the world is facing a recession, Indian exporters have found new markets, says FM.
The European business lost ₹7,810 at EBITDA level for each tonne of steel that it produced in the December quarter
The world's biggest economy will go through a mild recession, says Andrew Sheets of Morgan Stanley.
The slowdown in major economies may impact services trade activity, as per the latest WTO Services Trade Barometer.
FM said that the targeted approach followed in India not only helped revival of the economy but also ensured that the economy did not drift towards recession.
Last week, the Amazon founder said the state of the economy does not look good and hence layoffs are taking place across sectors.
FPI withdrawals hit ₹1.76 lakh crore in less than 10 months as global macros play spoilsport.
After surging by about 60% in 2022, energy prices are projected to decline 11% in 2023 amid concerns of an impending global recession, the World Bank says in a report.
Most current negative factors such as the fallen rupee are short term in nature, says Rajesh Saluja, CEO & MD, ASK Wealth Advisors.
About 33% CEOs in India and 39% CEOs globally have already implemented a hiring freeze, says KPMG.