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PER CAPITA RECESSION
Record immigration is colliding with housing crises across the worldMany developed countries are facing economic challenges as migration-driven growth falters due to housing shortages. Despite the positive i...- New Zealand slips into its second recession in 18 months as economy contractsThe latest slip follows a 0.3 per cent contraction in the September quarter, which fulfils the technical definition of a recession. It is N...
- India's per capita income doubles since 2014-15As per the National Statistical Office (NSO), the annual per capita (net national income) at current prices is estimated at Rs 1,72,000 in ...
- Foreign trade will help India become $30 trillion economy: Piyush GoyalThe Indian economy grew nearly 12 times in dollar terms in the last 30 years to $3.5 trillion today, from less than $300 billion, he said. ...
- World Bank warns recession risk rising amid higher interest ratesInflation worldwide has been rising at the fastest pace in decades, due to supply constraints amid high demand as countries emerged from th...
- I-Day Special: Looking back at India's journey to being world's 6th biggest economyIndia has come a long way from its battered state at the time of Independence. The last 75 years have not only brought about structural cha...
- Global economy to plunge into worst recession since WW-II: World BankThe Covid recession is the first since 1870 to be triggered solely by a pandemic, World Bank president said.
- India's economy to contract by 3.2 per cent in fiscal year 2020-21: World BankThe Washington-based multilateral lender said that the COVID-19 pandemic and the multi-phased lockdown imposed to curb its spread has resul...
- View: For emerging countries like India 5% is the new 7%, the reasonable standard for growthNo major country is growing as fast today as it was last decade. Not one is growing faster than 10%.
- IMF chief warns against being complacent about growthWithout taking any names, she also stressed that one- fifth of emerging and developing economies saw their per capita income decline in 201...
- A first: Palace on Wheels has no bookingsPalace on Wheels, which was not even cancelled during the global recession of 2007-09, will not leave on the journey scheduled to start on ...
- Odisha looks at 8.78 pc growth in 2014-15 fiscalIt noted that that Odisha's economy exhibited an average annual growth rate of 8.2 per cent during the 10th plan (2002-07) period
- 2007 subprime financial crisis: US' recovery has been slow but it isn't surprisingFive years after the onset of the 2007 subprime financial crisis, US gross domestic product per capita remains below its initial level. Une...
- Slowest-growing metro areas in US more prosperous: StudySlowest-growing metro areas in the US have been found to boast of higher per capita income and lower unemployment and poverty rates.
- Economic Survey 2011-12: India fourth largest economy but has low per capita incomeIndia has become the fourth largest economy in the world due to a strong economic growth, but is still the poorest among G-20, according to...
- ET in Classroom: Double-Dip RecessionA double-dip recession refers to a short-lived recovery of an economy from a recession, before it slips back into a recession.
- South Africa needs 5 per cent growth to create jobs: OECDSouth Africa's economy must grow by at least five per cent a year to make a dent in stubbornly high unemployment, the Organisation for Econ...
- Singapore could see negative growth in 2009, PM warnsSingapore, which is already in recession, could experience negative growth next year, the city-state's premier has warned.
- Singapore economy slips into recessionSingapore's trade-sensitive economy has declined for a second straight quarter, meaning the city-state has entered a recession for the firs...
- UNCTAD predicts global growth at 3.4pcThe report, based on data from 2006 and early 2007, says the main risk to this positive scenario is a major recession in the US which can s...
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