empty
 
 

2021.02.2615:57:00UTC+00Indian Economy Grows In December Qtr

India's economy expanded in the final three months of 2020, thus exiting a severe recession caused by sharp contractions in the previous quarters due to the impact of one of the harshest lockdowns to battle the coronavirus pandemic.

Gross domestic product grew 0.4 percent in the three months to December, data from the statistics ministry showed Friday.

The decline in the September quarter was revised to 7.3 percent from 7.5 percent and the contraction in the June quarter was revised to a record 24.4 percent from 23.9 percent.

The GDP estimate for the fiscal year ending March 31 this year was revised to -8.0 percent from -7.7 percent projected on January 29. In the fiscal year 2019-20, the economy grew 4.0 percent.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In April we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback