Tag: trade deficit

spot_imgspot_img

Former US treasury secretary warns of likely recession in America, two million layoffs

Current Affairs GC NewsDesk GC NewsDesk -
Key TakeawaysA likely recession in America with two million layoffs is predicted due to ongoing tariff increases.The recession will result in losses in household...

India’s current account deficit widens to $9.2 billion QoQ in June quarter

Business GC NewsDesk GC NewsDesk -
Key TakeawaysThe current account deficit rose to $9.2 billion in Q1 FY24, driven by a larger trade deficit.Net services receipts fell, while the crude oil...