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US May See Deep Recession, Could Impact India's Markets, Exports: Economist

The United States may see a deep recession soon, and such a scenario would impact not only India's services sector, which is a key component of the country's GDP, but also bring about volatility in the bond and equity markets, a top economist said.
United States Neelkanth Mishra Morgan Stanley Vs Centre Economist For Axis Bank Identification Authority Of India
Source: ndtv.com

How to correct global imbalances?

Economists and technologists are always puzzled by the missing productivity numbers despite rapid acceleration of computer technology. Specialists often forget that productivity is an ecosystem trait that can only show up when you manage the ecosystem to function as a whole, rather than in parts. In other words, management and organisational skills are key to ensuring that all
World Bank Great Power Mad Politics Bad Economy Global Economy Global Imbalances

Economist Henrik Zeberg Expects History To Repeat Itself In The Worst Stock Market Crash

By Bibhu Pattnaik Macroeconomist Henrik Zeberg expects a massive blow-off top for equities in the coming months, saying recently that the stock market could likely head to one of the biggest crashes in history. In a Twitter post on Saturday, Zeberg said that stocks are likely on their way up, while the dollar index (DXY) โ€” which pits
United States Jane Fraser Henrik Zeberg Economiststephen Jen Federal Reserve Bloomberg Television

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Synthetic Textile Capital of India Surat in Deep Recession, Thousands Jobless

A number of dyeing and processing units in Surat have shut down leaving thousands of workers jobless. The industry production level can reach a peak only if there is an increase in demand in the domestic market.
Kamran Usmani Jitendra Vakharia Surat Textile Industries Indian National Trade Union Congress Gujarat Gujarat Textile Processors Association Technology Upgradation Fund
Source: ummid.com

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