India GDP and recession: Less pain ahead, full recovery will take time, say economists

The GDP contracted by 7.5% between July and September, compared to the same quarter a year before. Between April to June Indian economy contracted by 23.9% as against the same period in 2019. While the contraction—7.5%-- was much lower than what many predicted, this has caused fear that the country could slip further into recession.

from Economy-News-Economic Times https://ift.tt/36gSZUI