Written by Udit Misra, edited by Explained Desk | New Delhi | Updated: November 30, 2020 2:10:17 pm People load sacks of cement onto a truck outside a warehouse in Calcutta’s Chitpur area (Photographer: Arko Datto / Bloomberg) According to official data released last Friday, India’s gross domestic product (GDP) …
Read More »Is it good enough to last?
New Delhi: The surprising resilience shown by the manufacturing sector that restricted the GDP contraction to just 7.5 percent in the September quarter could be the result of a massive purge of costs such as the cost of employees by corporations and businesses, which could create a potential headwind in …
Read More »GDP growth rate for the second quarter of 2020, GDP data for July to September 2020 announced
By: Express Web Desk | New Delhi | Updated: November 27, 2020 9:00:52 pm A worker works on the welding line at the Innova Crysta compact multipurpose vehicle (MPV) production line at the Toyota Kirloskar Motor Ltd. plant in Bidadi, Karnataka, India, Wednesday, September 9, 2020 (Photographer: Dhiraj Singh ). …
Read More »India’s GDP in September Quarter Shrinks 7.5%: Government Data
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 …
Read More »The economy recovers some lost ground, contracts 7.5%
India’s economy rebounded to a 7.5% contraction in the July-September quarter, gross domestic product (GDP) data released by the National Statistics Office (NSO) shows. The Indian economy grew 4.4% in the same period of the previous year. India, which is Asia’s third-largest economy, had seen a record 23.9% contraction in …
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