SBI revises Q2 GDP estimates to -10.7 per cent from -12.5 per cent earlier

"We are revising our Q2 GDP growth to -10.7 per cent (earlier -12.5 per cent) with a positive bias, based on our nowcasting model with 41 high-frequency indicators, associated with industry activity, service activity, and global economy," stated the report.

from Economy-News-Economic Times https://ift.tt/35OqAFi