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India's rating upgrade possible in next 24 months if fiscal deficit falls to 4%: S&P

The central government estimates to bring down fiscal deficit to 5.1% of the GDP in the current fis…

PTI   


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Global GDP to face a 19% decline by 2050 due to climate change, study projects

Although the detrimental effects of climate change on economies have been acknowledged, quantifying…

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America's freight recession is showing no signs of ending

A recent negative ratings downgrade by S&P is just the latest sign that the freight industry is sti…

Filip De Mott   


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America's 'cardboard-box recession' is finally over, BofA says

Demand in the cardboard packaging industry is recovering, putting an end to an under-the-radar rece…

Filip De Mott   


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GPS jamming now seems to be impacting transatlantic flights

A flight from Madrid to Toronto was unable to ascend because flights at a higher altitude had been …

Tom Porter   


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The odds of a global recession keep going down

A slate of economic indicators point to accelerating growth at the start of 2024, and supply chain …

Phil Rosen   


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4 mins read

These tiny EVs are hoping to make a big impact

In markets like China, Japan, and Europe, ridiculously small EVs are proving increasingly popular, …

Tom Carter   


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Recession is still a real threat, Jamie Dimon and David Solomon warn

Don't assume inflation will fade, interest rates will fall, and the economy will escape a recession…

Theron Mohamed   


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JPMorgan drops its recession call for the first half and now sees a 55% chance of a soft landing for the global economy

"The larger shift in our recent thinking, however, is about the relationship between interest rates…

Yuheng Zhan   


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Jennifer Sor   


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3 signs the US economy is nearing a recession have flashed in the last week, SocGen says

Economic growth expectations have "crashed," according to SocGen.

Jennifer Sor   


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India to host Global India AI Summit 2024 in New Delhi on July 3-4

According to a press release by the Ministry of Electronics and IT, the summit aims to foster colla…

ANI   


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Trump's trade and immigration policies are an 'elixir for stagflation' that could tip the US into recession, JPMorgan strategy chief says

A Trump election victory could trigger a policy shock to the economy, as his immigration and tariff…

Filip De Mott   


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After flat opening to market, Sensex breaches 79,000-mark for first time; Nifty hits new lifetime high

The stock market has hit news heights, with ​​Sensex breaching the 79,000-mark for first time and N…

ANI   


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Home sweet hindrance? Positive events in one’s personal and family life can be bad for business, study finds!

Have you heard the phrase “a happy home makes for a happy life”? It's often believed that contentme…

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5 mins read

Welcome to the white-collar recession

A new report shows the real winners — and losers — in the job market.

Aki Ito   


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The US economy may be barrelling towards stagflation, an outcome worse than recession

As US growth shows signs of sputtering and inflation keeps rising, a re-run of the tumultuous 1970s…

Filip De Mott   


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COVID-19 pandemic caused global life expectancy to fall back to 2012 levels, erasing a decade’s worth of progress: WHO

The far-reaching consequences of the COVID-19 pandemic have reshaped humanity’s future in ways we a…

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Stock market opens in green amid mixed global cues

The BSE Sensex opened with a modest rise of 96.95 points at 77,434.54, while the NSE Nifty saw a sl…

ANI   


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Scientists are trying to make cows sweatier to help protect the world against climate change

The problem is that when cattle get too hot, they stop eating. This decline in appetite will affect…