Q2 GDP Figures Is Only A Breather, Too Early To Celebrate | The Quint

The Quarter 2 GDP figures turned out to be like an election’s exit poll because economists had predicted a negative growth of 8% but the actual figures turned out to be -7.5 percent. India had witnessed a record 23.9% contraction in the previous three months ending 30 June. With the contraction in two successive quarters, India has entered into a technical recession in the first half of the current fiscal. However, the economy substantially narrowed contraction to a single digit in Q2.
Support The Quint's independent journalism. Become a member now: https://bit.ly/2KzaT9R
__________________
Check out The Quint for more news: https://www.thequint.com
The Quint in Hindi: https://hindi.thequint.com
For more videos, subscribe to our YouTube channel: http://bit.ly/2aIcith

You can also follow The Quint here:
Facebook: http://bit.ly/1RXYIg5
Twitter: http://bit.ly/1tjFuxI
Instagram: http://bit.ly/1Piyc18

Видео Q2 GDP Figures Is Only A Breather, Too Early To Celebrate | The Quint канала The Quint