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ICICI Securities: Real GDP Contracts 23.9% In Q1 FY21

Since the beginning of lockdown, India’s construction sector was feared to be the worst-hit. Now, we now have a confirmation.

A day laborer wearing a protective mask sits on a tricycle outside a shuttered store in New Delhi, India. (Photographer: Anindito Mukherjee/Bloomberg)
A day laborer wearing a protective mask sits on a tricycle outside a shuttered store in New Delhi, India. (Photographer: Anindito Mukherjee/Bloomberg)
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
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