The Indian economy contracted 7.5% in the second quarter of 2020-21, better than most analysts expected, although the touch of gray to this ray of light was provided by the fact that, with the second Consecutive quarterly drop, technically in recession, as a result of the long-lasting effect of the …
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Chief economic adviser Krishnamurthy Subramanian said “the recovery is clearly underway” Highlight COVID-19 has caused exogenous impact in India, says Chief Economic Advisor Krishnamurthy Subramanian says undoubtedly the numbers must be better ahead The country’s GDP contracted 23.9% in the June quarter The coronavirus pandemic has had an exogenous impact …
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[ad_1] Representative image MUMBAI: Burdened by higher expenses due to the devastating impact of the Coronavirus Pandemic of the economy, the government said on Friday that it will borrow from the market around Rs 12 lakh crore in fiscal year 2020-21, a massive increase of Rs 4.2 lakh crore, or …
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