Indonesia's GDP shrank 3.49% from a year ago, but officials saw hope in the fact that the contraction was narrowing. Finance Minister Sri Mulyani Indrawati said the worst is over.
The recession this time isn’t driven by inherent weakness in economies or factors like oil shocks. It’s also synchronous. This could quicken India’s recovery.
The declaration of recession comes amid polls that show Trump’s standing slipping, as US reels from the pandemic, its economic impact & racial justice protests.
Michael Patra, RBI deputy governor and a member of the panel, said the ‘damage is so deep’ that India’s potential output has been pushed down, and it will take years to repair.
The Bank of England has predicted that a three-month lockdown could lead to a 14% slump this year — the deepest recession since the early 18th century.
When lynching, hate speech and bulldozer politics do not speedily invite the wrath of courts, then something is wrong with the third pillar of governance.
While releasing 'India Employment Report 2024', V Anantha Nageswaran said govt can't solve 'all social, economic challenges'. Congress leader Kharge says CEA protecting 'dear leader'.
In an interview with Gulistan News this week, Union Home Minister Amit Shah said the government would leave law and order to J&K Police and slowly withdraw troops.
The ‘idea’ Kejriwal's politics grew around was a no-holds-barred fight against corruption. That is the reason Modi govt has now tarred him and his entire party with the same paint.
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