Britain’s private sector companies shed workers at the fastest pace since the pandemic and the depths of the financial crisis more than a decade ago, adding to the risk of a recession.
BlackRock s Chief Investment Officer of global fixed income, Rick Rieder, believes that the US is unlikely to experience an economic downturn or recession.
Many countries are now pushing for a new finance phenomenon called ‘de-dollarization’, which can prove to be a major setback for the US and a trade boom for India.
Electricity, coal, petroleum products, natural gas consumption figures have indicated that India is far from any recession. This comes at a time when a worldwide slowdown or recession is a real possibility, given the current state of the global economy. Business Today Magazine s The Point decodes the latest consumption figures for coal, petroleum products, natural gas and electricity to showcase how the Indian economy is faring.