World stocks in red as consumers signal recession ahead

A succession of weak data releases in Europe and the United States has not prevented central bankers from doubling down on hawkish rhetoric. More is likely later on Wednesday when the heads of the European Central Bank, U.S. Federal Reserve and Bank of England speak at a central banking forum.

Bankrupt Sri Lanka economy shrinks 1.6% in first quarter

<ul><li>The island nation's painful downturn has seen months of lengthy blackouts, runaway inflation and severe shortages of vital consumer goods.</li></ul>

Capital outflows of $100 billion are likely to take place from India: RBI

According to the RBI study, capital outflows to the tune of $100 billion (around  <span class='webrupee'>₹</span>7,80,000 crore) are likely to take place from India in a major global risk scenario or a black swan event.&nbsp;

India better placed to avoid stagflation, says RBI article

The article, published in the RBI's June bulletin, noted that global economic conditions continue to deteriorate as ratcheting up of commodity prices and financial market volatility have led to heightened uncertainty.

Fitch revises India outlook to 'Stable' from ‘Negative’

<ul><li>Fitch Ratings pointed out that the Indian economy is witnessing healthy recovery after the Covid shock and the GDP growth may remain robust in FY23 too.&nbsp;</li></ul>

RBI Monetary Policy: Market swings between gains and losses after a 50 basis points interest rate hike? Let's decode

<ul><li>When rates rise, investors start looking away from riskier equities and begin to see more value in bonds and other government certificates.&nbsp;</li></ul>

Financials turn green after RBI raises repo rate, retains GDP growth forecasts

Among sectors, rate-sensitive sectors recovered from day's low post the policy announcement. Nifty Bank and Nifty Fin Services were flat but in the green after falling around half a percent each.

World Bank cuts India's economic growth forecast to 7.5% for FY23

World Bank cuts India's economic growth forecast to 7.5 pc for FY23

Q1FY23 real GDP growth expected at about 9.5% YoY, says Motilal Oswal

Motilal Oswal highlighted that total consumption grew slowly at 8.3 percent YoY in Apr’22, dragged down by modest growth in government spending.

What does the future hold for the Indian economy post Q4 GDP numbers?

Since economic liberalisation, the Indian economy has been driven by consumption, which accounts for&nbsp;more than 56% of total GDP. Gross fixed capital formation (GFCF), a measure of investment in the economy, has risen to 47.8 lakh crore, which is a 15 per cent jump from the first pandemic year.

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World stocks in red as consumers signal recession ahead

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