highlights
India has got the last place in this list.
Germany is at the top of this list.
After this comes Italy and UK.
New Delhi. India is continuously climbing the ladder of development. In terms of GDP growth rate, the country is ahead of many major developing countries. Now a new report has come out, what is said about India in it can make every Indian happy from the heart. This report has been issued by Franklin Templeton. Its name is Worldwide Recession Probability. In this report it has been told how much possibility of recession is there in which country.
PressNews24 provides latest news, bollywood news, breaking news hollywood, top tech news, business standard news, indian economy news, world economy news, travel news, mumbai news, latest news mumbai loksabha election 2024, video viral news, delhi news, Only at PressNews24.in
India is in the best position in this matter. According to the report, the possibility of recession in India in the next one year is 0 percent. Whereas the situation in many developed countries looks worrying. These countries also include countries like America, UK, Germany and France. At the same time, the times ahead are looking very bright for India.
Also read- There is a decline in the shares that make millionaires, is this the right opportunity to buy? What do experts say
where so much apprehension
Germany has the highest chance of 73 percent that there will be a recession by next year. After this is Italy's number. For Italy this fear is 65 percent. UK is third most likely to face recession. There is a 53 percent chance of a recession in the UK. In New Zealand and Canada this fear is 50-50 percent. America also seems to be falling prey to this. In America its probability is 45 percent. The probability of recession in Mexico is 25 percent and in Switzerland it is 20 percent. At the same time, this estimate for Spain, Japan, South Korea and China is also 15 percent.
last place of india
India has got the last place in this list. Whereas above us is Indonesia with 2 percent, Saudi Arabia with 10 percent and Brazil with 10 percent. Let us tell you that both Indonesia and Brazil are fast growing economies and they have a tough competition with India in terms of GDP growth. Also, for companies looking for options in countries other than China, Indonesia and Brazil are also options.
.
FIRST PUBLISHED : March 31, 2024, 1:26 PM IST