Page 12 - Economic Slowdown

RBI's silence on bond purchases may have left traders disenchanted

The RBI held the repurchase rate at 4 per cent, as it chose to wait for inflation to cool before adding to steps aimed at supporting a fragile economy

Covid-19 impact: Services PMI rises but fails to break out of contraction

Downturn grips sector as job loss, low export orders and poor domestic demand distress companies

Indonesia's economy contracts for the first time since 1999 in Q2

The economy had been expected to shrink 4.61%, according to a Reuters poll of economists, after growing by 2.97% year-on-year in the first quarter

Federal Reserve policymakers call for fiscal support to save US economy

The calls for increased government intervention came as US lawmakers and the White House resumed talks on a new government relief package

Factory output takes hit as demand falls; PMI manufacturing at 46 in July

A further decline in new orders and output signaled weakness in overall demand despite factories again cutting their prices, leading firms to reduce their workforces for a fourth month in a row

Coronavirus provides opportunity for a new imagination: Rahul Gandhi

Rahul Gandhi was speaking to Bangladesh Grameen Bank founder Muhammad Yunus

US economy likely suffered historic plunge in Q2; outlook grim due to virus

Federal Reserve Chair Jerome Powell on Wednesday acknowledged the slowdown in activity

Boeing to further assess workforce size amid pandemic as market shrinks

In Commercial Airplanes Programs, Boeing delivered a total of 20 aircraft in the second quarter of 2020

We urgently need new tools to measure economic recovery after coronavirus

The IMF has revised downward its forecast for global economic growth from -3% to -4.9% this year

Govt trying to attract FDI in infrastructure sector: Nitin Gadkari

The Central government is making efforts to attract FDI in the infrastructure sector, Union Minister Nitin Gadkari said

Higher inflation may not be a bad thing at this point

Version II of ad hoc treasury bills needed, and time for this solution to work is between now and October

Covid-19 impact: Govt plans job scheme for urban poor and migrants

It could be a new scheme or modified version of an existing employment programme, officials say

As Covid-19 reaches hinterland, is India's rural growth story getting over?

A recent report by Credit Suisse cautions that the spread of Covid-19 infections to Tier-III and -IV cities could stall the growth momentum

Expectations worsen for Europe's Q2 earnings season over recession fears

Expectations for second-quarter corporate profits have deteriorated in Europe, according to Refinitiv data, as fears grow over the extent of the recession triggered by the coronavirus pandemic

What EU leaders agreed on the post-coronavirus recovery package

European Commission will borrow massively on the market and then grant much of the cash, rather than lend it, to countries most in need of economic stimulus

This is how you can get free Netflix subscription for 83 years in US

Netflix is giving a free subscription for 83 years, or 1,000 months, calling it an 'immortal' account. All you have to do is play a video game and get the highest score

Despite slowdown due to Covid-19, India's food exports up 27% since March

The country recorded $0.79 billion trade surplus in June against $15.28 billion deficit during the same period of 2019

European Central Bank survey points to shallower recession, strong rebound

The euro zone economy may contract less this year than the European Central Bank had forecast and its recovery could also be quicker, the bank's Survey of Professional Forecasters showed

Cloud cover on the solar story with signs of a slowdown in the sector

The high-profile dedication of the Rewa solar park eclipses the reality of a slowdown in this sector

Internet speed to power generation: What weekly data says about economy

Google's mobility report shows transit stations may be seeing a change in trend, according to weekly indicators