NEW DELHI: The government will not worry about not meeting its budget deficit target as it seeks to increase spending to support the economy, said Finance Minister Nirmala Sitharaman. Stimulus spending will not decline quickly, he said in an interview. The government and the central bank together have struck a …
Read More »Many acts behind the worst economic recession in the world
India’s gross domestic product (GDP) contracted by 23.9% in the June quarter, the largest contraction since the quarterly GDP figures were first released in 1996. It is also the most severe contraction among all the countries. great economies. Mint explains why. How severe is the contraction of the Indian economy? …
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