- NO....
- Analyst is still predicting Sensex will be 1LK in the coming 2 years.Why ?
- Indian economy is robust Everyone is aware that the US economy is the mother of all economies and that almost every other country's economy is dependent on it. This is due to the fact that the US Dollars is the primary trading currency worldwide. Additionally, the United States, a developed nation, has a significant impact on global trade in terms of the provision of goods and services. But the world is moving toward a new ecosystem right now. The center of global power is evolving. Today, the economies of all nations function independently. The risk of recession is currently very high for industrialized nations, but in this environment, India's economy is doing well and is on track to reach $5 trillion in GDP. When the COVID-19 pandemic destroyed India's economy, the Indian government and RBI, the nation's central bank, made many wise choices. As a result, India performs quite well and is moving toward reaching its goal of a $5 trillion GDP while the rest of the world is struggling and heading into a recession. The Indian economy is anticipated to reach a size of $4.7 trillion in 2024 and $5 trillion by 2026, according to the IMF.
- Recession Probabilities by Country The chance of an Asian recession is 20–25%, according to the most recent Bloomberg Report. The likelihood of a recession in Sri Lanka is 85%, despite the country being on the point of bankruptcy. If the US government doesn't take action as a whole, developed nations like the USA risk entering a recession. By next year, there is a 40% risk that the United States will experience a recession. The Russia-Ukraine War is the primary cause of the recession, which is expected to affect Europe with a likelihood of 55%. Few other nations, including New Zealand, Taiwan, Australia, and the Philippines, are at a 33%, 20%, 20%, and 8% probability of recession, respectively. Japan and South Korea are also at risk of going into recession. There is a 25% possibility that one of them will experience a recession. A recession in Pakistan is 20% likely.
- Recession: What Is It? A recession in the economy is a phase of the business cycle marked by a slowdown or contraction of all business and economic activity. Although there is no strict guideline or precise definition for what constitutes a recession, officially a country is considered to be in one of two out of the last three-quarters of its economy in the red. There are several reasons why a recession occurs, including the following: financial crisis, economic crisis, the crisis in foreign trade, economic bubble, natural disaster, health risks, excessive external and domestic debt, etc.
- What are the Recession's Causes? Recessions always have different causes in different nations and economies. It is by no means required that the cause be the same in every circumstance. It could occur for a variety of reasons. Among them are:Less spending by the public and the government Higher rates of interest Stock market collapse Decreased industrial production Poor economic management War disruptions A credit crunch Unnatural Disaster of Deflation Mis Debt management, etc.
- What Effects Does a Recession Have? A recession causes a lot of losses to an economy, to put it simply. Higher unemployment, decreased purchasing power, lower earnings and income, decreased chances for private investment and education, and higher unemployment is all effects of the recession that cause economic losses.
- India's history of a recession There is no clear definition of recession. Recession is defined differently by several international financial institutions. However, a widely accepted definition is that a country is technically in a recession if its overall economic activity declines for two consecutive quarters. Previously, after gaining its independence, India experienced numerous recessions for a variety of causes, but it always recovered and reached new heights. 1958, 1966, 1973, 1988, 2000, 2008, and 2020 fiscal years. India experienced a recession in each of these years, and each time the cause was distinct and new.
- The Biggest Recessions in World History YEAR OF RECESSION
- The Own Goal Recession of 1938
- The V-Day Recession of 1945 1948
- Post-war slump
- Investment Bust Recession of 1957
- Oil Embargo Recession of 1973
- Gulf War Recession of 1991
- Dot-bomb Recession of 2000
- Great Recession of 2007
- Covid 19 Recession 2020 India is strong, walking alone, and roaring.MUTUAL FUND SAHI HAI
