ADVERTISEMENT
India Exits Recession With 0.4% Quarterly Growth
26 Feb 2021, 06:04 PM IST i

Save

The median forecast from a Reuters survey had predicted GDP growth of 0.5 per cent in December quarter
India's quarterly GDP growth had slid by record margins for two consecutive quarters due to the Covid-19 virus outbreak.
The GDP had contracted by a massive 23.9 per cent in the June quarter amid the pandemic-led nationwide lockdown and by 7.5 per cent during the September quarter.
In fact, India slipped into a technical recession in the July-September period as the domestic product (GDP) fell for two successive quarters.
The me...
ADVERTISEMENT