India’s gross domestic product or GDP contracted 7.5% in the quarter ending September compared to the same period last year, data released by the Union’s Ministry of Statistics and Program Implementation showed (Mospi) on Friday. India’s GDP fell 23.9% in the April-June quarter, the worst in decades, amid the coronavirus-induced …
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Economists expect business activity to have recovered after months of slowdown caused by the coronavirus India’s gross domestic product (GDP) contracted 7.5 percent in the July-September period, as the economy rebounded from a record 23.9 percent drop in the previous quarter due to the slowdown caused for the coronavirus pandemic. …
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The economy was pushed into a record contraction in the June quarter due to COVID-19 restrictions. India’s gross domestic product (GDP) is expected to have declined in the July-September period, but at a softer pace compared to the previous quarter, as business and economic activities rebound after months of slowdown …
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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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National stock markets gave up all their intraday gains in a volatile session on Monday, ahead of the release of official data on the country’s GDP for the April-June period amid growing geopolitical tensions between India and China. The S&P BSE Sensex Index fell to 1,240 points from a six-month …
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