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  • Japan Upgrades Q3 GDP as Global Recession, COVID Risks Linger

    Japan Upgrades Q3 GDP as Global Recession, COVID Risks Linger0

    Japan’s economy, the world’s third-largest, shrank less than initially estimated in the third quarter, bolstering a view that it is slowly recovering from COVID-19 doldrums even as major export markets show further signs of weakening. Separate data showed the economy had recorded its first current account deficit in eight years in October, reflecting high import

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  • Maharashtra CM Eknath Shinde Directs civic Body to Beautify Mumbai AheSad of G20 Meeting

    Maharashtra CM Eknath Shinde Directs civic Body to Beautify Mumbai AheSad of G20 Meeting0

    Eknath Shinde asked Mumbai civic authorities to depute 5,000 “Swatchhta Doots” (cleanliness ambassadors) and undertake beautification of the city. Ahead of a G20 Council meeting in Mumbai, Maharashtra Chief Minister Eknath Shinde has asked the local civic body to launch a beautification drive in the city on a mission mode. Shinde asked Mumbai civic authorities

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  • Oil Languishes Below $80 as Recession Fears Outweigh Tighter Supply

    Oil Languishes Below $80 as Recession Fears Outweigh Tighter Supply0

    Oil hovered near a one-year low on Wednesday as increasing concerns over U.S. economic health and the Federal Reserve largely offset positive supply-side signals from a bigger-than-expected draw in crude inventories. A growing number of Wall Street banks warned of a potential recession in 2023, especially if interest rates keep rising and if inflation proves

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  • Gold Slumps Below $1,800 as Fed Fears Resurfacea

    Gold Slumps Below $1,800 as Fed Fears Resurfacea0

    • Gold
    • December 6, 2022

    Gold prices sank below key levels on Tuesday, with metal markets back under pressure as stronger-than-expected U.S. data boosted the dollar and ramped up uncertainty over strength in the U.S. economy and how the Federal Reserve will respond to it. The dollar rose for the first session in four on Monday, recovering from a five-month

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