NEW DELHI: India gross domestic product (GDP) for the second quarter ended Sept. 30 shrank 7.5 percent, government data showed on Friday. However, this rate of contraction is considerably slower than the 23.9 percent drop in the previous quarter. Despite some green shoots being visible in the economy, India’s GDP …
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NEW DELHI: Congressional Leader Rahul Gandhi attacked the Center again on Monday over handling the Covid-19 pandemic and the economy. “How to completely destroy an economy and infect the maximum number of people very quickly,” he said in a tweet, with an image showing the GDP growth rate projected for …
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The Indian economy was in one of its worst slowdown phases even before the Covid-19 pandemic. GDP growth fell continuously for eight quarters (except for a flash of 0.08 percentage points between December 2018 and March 2019. It was 8.2% in March 2018 and had fallen to only 3.1 % …
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[ad_1] Prime Minister Narendra Modi on Tuesday announced new massive financial incentives in addition to the previously announced packages for a combined stimulus of Rs 20 lakh crore ($ 260 billion). (IE Photo) The UN’s top economic experts have called the stimulus package of Rs 20 lakh crore “impressive”, the …
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