Recession fears: 6 basic things you should do to avoid defaulting on your bills

The talk of recession can send even the most financially adept into hiding. Being financially literate is not enough; there is more you must do to escape the burden of an impending recession. 

Tech in trouble? How a likely global recession will impact Indian IT companies

<ul><li>Indian IT companies make up a large portion of the worldwide IT market, and the growth of the Indian IT industry is closely tied to global market conditions.</li></ul>

Interest rates won't go back to zero despite a recession, says Bill Winters of Standard Chartered

Winters believes the interest rates are at their peak and we could end up with a terminal (US) Fed rate of 5 percent, however, it will depend on the changing data.

Credit Suisse, IMF and World Bank are optimistic about Indian economy despite global headwinds

Credit Suisse expects domestic demand will remain resilient, led by a pickup in government spending and private capital expenditure. A recovery in real estate and government initiatives (like Production Linked Incentive Schemes) will boost the manufacturing sector, it said. 

World Bank: Recession a looming threat for global economy

If that forecast proves accurate, it would be the third-weakest annual expansion in three decades, behind only the deep recessions that resulted from the 2008 global financial crisis and the coronavirus pandemic in 2020.

Indian economy likely to navigate rough global weather in 2023: Report

According to a recent assessment shared by the Reserve Bank of India, the global economy is projected to grow by a mere 2.7 percent even as some of the key developed economies face recession.

IT industry's rough journey likely to continue due to economic headwinds in US, Europe: ICRA

The Indian IT services industry reported steady YoY growth of 20.1 percent in revenues in H1 FY2023. “However, the industry remains wary of macroeconomic headwinds in key US and European markets, which, if intensified, are likely to moderate growth in the medium term.”

Markets This Week: COVID situation in China, global trends to guide markets this week: Analysts

According to analysts, investor sentiment remained subdued last week amid surging COVID cases in China and a few other nations. Also, stronger US growth data has cemented expectations of the Federal Reserve continuing with its hawkish stance, which added to the muted trend.

India better placed to bear the pain of a US recession, says Jones George of Geojit Financial Services

George said a recession in the US will have a ripple effect on the rest of the world though, India is better placed to bear the cycle.

Should you avoid IT stocks as hawkish Fed aggravates recession risk? Here's what brokerages say

The Nifty IT index is down 25 percent this year against a 6 percent gain in the benchmark Nifty50 as of December 15.

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