Business cycle: GK, General Studies and Current Affairs

Lack of domestic demand is holding back animal spirits in economy

In its annual report for 2018-19, the Reserve Bank of India (RBI) has stated that the lack of domestic demand is holding back the animal spirits in the economy and emphasized the need to revive ..

ACTU report: Low wages bad impact on Australians

The Australian Council of Trade Union says that low wages has led to many Australians taking multiple jobs. The secondary jobs are acquired in healthcare, education and social assistance. The reason behind the situation is ..

Stocks fall in the US market

The yield curve inversion brought down the share prices. When the long term interest rates fall below short term interest rates the yield curve inversion occurs. It is one of the predictors of recession. However, ..

Latest report of Moody’s Investors Service projects GDP growth forecast to 7.3% in 2018

The latest report of Moody’s Investors Service has cut India’s GDP growth forecast to 7.3% in 2018 from the previous estimate of 7.5% due to higher oil prices and tighter financial conditions. However, Moody’s maintained ..

UK economy in double-dip recession

The UK economy has returned to recession, after shrinking by 0.2% in the first 3 months of 2012. The Office of National Statistics held that a sharp fall in construction O/P was behind the surprise ..