Is It Start of Another Global Recession ?

Abstract

The article gives an insight about the global factors impacting the global capital market and makes an attempt to understand if the factors are strong enough to bring in a recession as we saw in 2008. It also summarizes India's position against that global economic factor and how India is trying to adapt to the changes and address the roadblock with deters revision in the economic policy.This article tries to bring in the prevailing oil price dynamics among the incumbent players in crude oil space. Also tried to highlight the reason behind depreciating currencies of Emerging countries and the changing pattern in the global economic power shift.