Tag: Technical Recession In India

India In Technical Recession As GDP Contracts 7.5% In Q2
India In Technical Recession As GDP Contracts 7.5% In Q2

New Delhi: Even though India’s economic recovery accelerated in Q2FY21 from the lows of the pandemic-induced lockdown, the country for the very first time since Independence entered into a technical recession. The National Statistical Office (NSO) data on Friday showed that the Q2FY21 GDP on a year-on-year basis contracted by 7.5 per cent from (-)23.9 […]

  • Friday, 09 April 2021
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