Business Standard Indian Economy

India s economy severely affected by the coronavirus pandemic is gradually recovering the international monetary fund said on thursday.

Business standard indian economy. The gross domestic product gdp had contracted by a record 23 9 per cent in the first quarter of the 2020 21 fiscal april 2020 to march 2021 as the coronavirus lockdown pummelled economic activity. Read more about indian economy claws back faster than expected in q2. Read more about indian economy s new normal on business standard.

Get indian economy latest news breaking news videos photos special reports trends top news opinions on indian economy at business standard. Demand during the festival season helped boost three of the eight high frequency indicators tracked by bloomberg news last month while three were unchanged and two deteriorated. Read more about indian economy to contract by 10 3 in 2020.

To bounce back with 8 8 growth in 2021. The indian economy severely hit by the coronavirus pandemic is projected to contract by a massive 10 3 per cent this year the international monetary fund said on tuesday. Catch nifty sensex live updates.

A slower pace of contraction in q2 or a possible break out in the current quarter would not end the problems of the indian economy. Contraction at 7 5 on business standard. India s economy recovered faster than expected in the september quarter as a pick up in manufacturing helped gdp clock a lower contraction of 7 5 per cent and held out hopes for further improvement on better consumer demand.