Recessions

Spain slips back into recession; European markets bleed

The news of Spain's recession comes as no surprise- the new conservative government has said the economy is shrinking and forecasts it will contract 1.7 percent this year.

Five reasons why the US job market might be weakening

Economists mostly shrugged off news that US hiring slowed in March as a one-month aberration warped by warm weather. But here are five reasons why they could be wrong.

Eurozone back in recession? Declining PMI suggests so

Markit's Eurozone Composite Purchasing Managers Index (PMI), which gauges how thousands of companies fare each month, edged down to 49.1 in March from 49.3 in February, slipping further below the 50 mark.

India, China still contribute half of world economic growth: report

Despite slowing down, China and India continue to contribute more than half of the world's economic growth, a new report by an investment management and advisory services firm has claimed.

The 5 big economy questions for 2012

So, what are the key events to watch out for next year? Firstpost lists the top five events that will affect the global economy.

US factory output jumps 0.7 percent in January

US factories boosted output last month and December ended up being their best month of growth in five years.

Govt for quick reforms in pension, banking, insurance

The US investors and CEOs want the legislations on these sectors to be passed soon to create a favourable atmosphere for foreign participation.

'One of six Americans lives below poverty line'

According to the census report, nearly one in six Americans are now living below poverty line, which shows that the negative impact of the recession is far from over.

ArcelorMittal faces recession fitness grilling

ArcelorMittal shares have plunged 50 percent in the past two months.

Moody's hands it to India, can't stop admiring policy

Though government debt levels are high and could pose a serious threat to the credit ratings, what saves the day for India is the fact that 95 percent of it is owned by domestic institutions, has a favourable repayment structure and is dominated by the rupee.<br /><br /> <br /><br />