Will Recession Continue In 2024 In India. The global recession is unlikely to happen as the inherent resilience of individual economies has withstood the pressures much better, said rbi governor. India is poised to play a defining role in shaping the future of the global economy in 2024 and beyond.

The finance ministry has said that recession risks may reappear in 2024. With the unemployment rate in the us rising to 4.3% in july, the highest since october 2021, several economists have started ringing the.