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Wednesday, August 27, 2025
TopicGlobal recession

Topic: Global recession

World Bank forecasts worst recession in eight decades due to coronavirus

Global gross domestic product will probably shrink 5.2% in 2020, the World Bank said in its semi-annual Global Economic Prospects report.

Great Lockdown Depression will be the worst in a century and could get worse, IMF warns

In its first World Economic Outlook report since spread of virus, IMF estimates that global gross domestic product will shrink 3% this year.

Global economy faces a $5 trillion hit due to Covid-19. That’s more than Japan’s GDP

The downturn is predicted to be short-lived, but it is unlikely to return to its pre-crisis trend until at least 2022.

How India can buck the trend of global recession caused by coronavirus

Social distancing is our best bet against coronavirus, but will sharpen the impact on the world economy. India is better placed than many developing countries.

These are the 5 Ps that will help determine if stock markets have bottomed out

Investors have fled emerging markets in record numbers, even though central banks and governments have piled on stimulus to counter the virus impact.

India, China likely to escape world recession: UN report

The UNCTAD said that advanced economies & China have put together massive govt packages which, according to the G20, will extend a USD 5 trillion lifeline to their economies.

World has entered recession, may recover next year: IMF

IMF Managing Director Kristalina Georgieva said the key to recovery would be the world's success in containing the virus and preventing liquidity problems from becoming a solvency issue.

A coronavirus-driven global recession is becoming more likely by the day

Each quarantined city, cancelled flight, scrapped sporting event & scuppered conference will hammer demand across the globe this quarter and likely longer.

Sensex sinks over 2,700 points, Nifty gives up 9700 amid global selloff, coronavirus pandemic

Tata Steel was the top loser, tanking up to 9 per cent, followed by ONGC, SBI, Titan, Axis Bank, M&M, UltraTech Cement, L&T and Reliance Industries.

Global economic chaos of 2020 can’t match 2008 but the gut punch feels familiar

The panic that comes with uncontrollable loss of years of meticulously amassed wealth has activated muscle memory for people who were around in 2008.

On Camera

Severe Hyderabad internet outages make it an IT hub without the IT part

Many offices in Telangana have asked their employees to work from home because of heavy rainfall, but it has become impossible due to the internet outages.

New insolvency frameworks to shorter timelines, how 2025 amendment bill proposes to transform IBC

New bill aims to fix key issues with IBC 2016, including delays & patchy implementation, and protect creditors, with window for genuine promoters to retain control of their companies.

CDS on differences on theaterisation—views welcome, final call to be in nation’s best interests

The Navy has always been on board with the theaterisation plan, but the Air Force feels splitting up air assets into several theatre commands is futile & will tie up critical systems.

That Oval Office picture for ages deserves closer Indian reading, with a geopolitical lens

Putin sees this as a victory. Europeans have decided to deal with Trump on his terms for the sake of the larger Western alliance. We look at the lessons for us in India.