Agriculture, Manufacturing Buck Trend As GDP Contracts By 7.5% In Q2

India's gross domestic product (GDP) contracted 7.5 per cent in the July-September period (Q2), as the economy rebounded from a record slump of 23.9 per cent in the previous quarter due to slowdown caused by the coronavirus pandemic. Friday's data confirms the economy's first technical recession - which is two consecutive quarters of GDP contraction - since 1996, when the country began quarterly records.