How possibility of economic recession is increasing?

how world is heading towards recession

Opinion | Economist| Sonal Badhan | Global stock markets ended in red and 10Y yields inched up, as investors fear more aggressive rate hike by US Fed to tame the inflation. Tight liquidity conditions and elevated price pressures may dent demand, thus increasing the possibility of economic recession. Latest print from UK shows that the … Read more

How China made Sri Lanka bankrupt?

China made Srilanka Bankrupt

Ground Report | New Delhi: Srilanka Bankrupt; China’s indebted Sri Lankan economy is going through a very bad period. Inflation has risen so much that people are finding it difficult to buy food. The Corona pandemic has left the treasury empty. Foreign exchange reserves have reached a 10-year low. In such a scenario, it has … Read more

Retail inflation rises marginally to 4.48% in October

Retail inflation rises marginally to 4.48% in October

Ground Report | New Delhi: Retail inflation rises; Retail inflation rose to 4.48 percent in October on the back of a pick-up in food prices, government data showed on Friday. The consumer price index (CPI) based on inflation stood at 4.35 percent in September. Consumer Price Index (CPI) based inflation stood at 4.35 percent in … Read more

Most Indians troubled by epidemic and inflation: Survey

Most Indians troubled

Ground Report | New Delhi: Most Indians troubled; This time Covid-19 epidemic effects and rising inflation. While the economy is crumbling due to Covid, on the other hand, due to the continuous increase in the prices of items of domestic needs, the pockets of the common man are being cut.  In a survey conducted by the Localcircles, … Read more