Recession | Journalpur

sitharaman: Sitharaman highlights rising debt vulnerabilities in developing countries at G20, seeks multilateral coordination

March 18, 2023 by Priya

Finance Minister Nirmala Sitharaman on Friday highlighted rising debt vulnerabilities in many developing countries and sought views from G20 member nations on ‘multilateral coordination’ for managing the burden. Speaking at inaugural session of the G20 finance ministers and central bank governors (FMCBG) meeting, Sitharaman also sought views on how multilateral development banks, like the IMF … Read more

Crude Oil Price Falls More Than 5% Amid Rising Concern Over Recession, China Covid Cases: Anil Singhvi Sheds Light

January 5, 2023 by Priya

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Crude Oil Price: Oil fell more than 5 percent on Wednesday, posting the steepest loss in the first two days of any year in more than 3 decades. The drop could come in anticipation of concerns about fuel demand as the global economy slows and Covid-19 cases rise in China. Brent futures settled at $77.84 … Read more

Capital spending budget: High capital spending budget is likely to try to offset the global recession

January 3, 2023 by Priya

The Center is likely to press ahead with its plan for high capital spending in the next budget to counter a deepening global slowdown that may hurt India’s economic recovery, officials familiar with the deliberations told Journalpur. Capital spending budget: High capital spending budget is likely to try to offset the global recession Key infrastructure … Read more