Tag Archives: Second quarter GDP data

ExplainSpeaking: Top 5 Takeaways from Second Quarter GDP Data

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) …

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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 …

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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 …

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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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