The Indian economy is likely to enter a recession phase for the first time in the second quarter (July-September) of the current financial year, and the Gross Domestic Product is expected to contract by 8.6%, the Bank said. of the Reserve of India in a bulletin. released Wednesday. Technically, a …
Read More »The recession will hit the Indian economy for the first time as second quarter GDP is likely to contract 8.6%, says RBI
