Average forecasts put India’s second quarter number near a 10% contraction; In the first quarter, India’s GDP decline was most pronounced among G20 nations Topics India GDP growth | Indian economy India may well be the slowest growing economy, out of a list of 24 countries, in the July-September quarter. …
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Global rating and research houses such as Fitch and Goldman Sachs have cut their estimates of growth for India’s gross domestic product (GDP) for the current fiscal year 2020-21 (FY21). While Fitch now expects the country’s GDP to contract 10.5 percent in fiscal year 21 compared to its previous estimate …
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Even before the pandemic hit, Asia’s third-largest economy was in the midst of a slowdown. Highlight Today’s data will likely show India’s June quarter GDP declining 19.2% That would be the sharpest contraction since 1996. The COVID-19 lockdown caused an unprecedented blow to the economy India, once the world’s fastest-growing …
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