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 »GDP Q2 LIVE: Can India Dodge a Double Digit Economic Contraction? GDP figures to be released today
While the country’s GDP previously fell by a record 23.9 percent in the first fiscal quarter, the economy is estimated to have substantially reduced the contraction to single digits in the second quarter. GDP Q2 FY 2020-21: The Ministry of Statistics and Program Implementation (MOSPI) plans to publish the GDP …
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