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India officially enters recession, but contraction in Q2FY21 GDP recedes (Roundup)

New Delhi, Nov 27 : Even though India’s economic recovery accelerated in Q2FY21 from the lows of the pandemic-induced lockdown, the country, for the...

Recession: world’s wealthiest families stockpiling cash

Rick Stone is the former partner at Cadwalader, Wickersham & Taft. He sees treacherous times ahead for family offices trying to deploy cash. The...

‘Budget to keep more Australians employed amid Covid-19 recession’

Canberra, Oct 5 : Australia’s federal budget, scheduled to be unveiled on Tuesday, was aimed at keeping more citizens employed amid the coronavirus-induced recession,...

Africa faces first recession in 25 years

Addis Ababa, March 3 : The African continent has faced its first economic recession in 25 years due to the impact of the Covid-19...

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