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- Early detection, isolation helped Dharavi's Covid-19 containment
- Over 20 soldiers, including Commanding Officer killed at Galwan border clash with China
- Security forces in Assam ordered to take village headmen along on missions
- Protests against the Nepal government's handling of Covid pick up pace in Kathmandu
- Violent face-off in Ladakh result of China's attempt to unilaterally change status quo in region: MEA
- Tamil Nadu reports 1515 cases as four districts prepare for lockdown on Friday
- India summons Pak envoy over 'abduction and torture' of 2 Indian mission officials
- Centre to unveil another fiscal package by the end of second quarter : S Gurumurthy
- India's borders will remain intact under PM Modi's leadership: JP Nadda
Business News›News›ET TV›Fed Chairman Jerome Powell warns that long downturn would mean severe damage
Fed Chairman Jerome Powell warns that long downturn would mean severe damage
Federal Reserve Chairman Jerome Powell warned Tuesday that the U.S. economy faces a deep downturn with "significant uncertainty" about the timing and strength of a recovery. He cautioned that the longer the recession lasts, the worse the damage that would be inflicted on the job market and businesses.
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