Thursday, November 12, 2020

Indian central bank data point to first ever recession | India News

The Reserve Bank of India’s figures suggest the economy shrank 8.6 percent in the July-September quarter following a contraction in the previous three months. India’s economy probably shrank for a second straight quarter, according to a team of economists including Michael Patra, the central bank’s deputy governor in charge of monetary policy, pushing the country into an unprecedented

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