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Saturday, 27 February 2021

Economy out of recession, 0.4% growth in October-December

Growth returned to the economy in the October-December quarter of 2020-21 helping it to move out of the recession that had gripped following one of the strictest Coviv-19 lockdowns imposed last year. The contraction in the June quarter was 24.4% while in the September quarter it was 7.3%. An economy is said to be in recession after posting two consecutive quarters of contraction.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/37Sh0Sw

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