Indian economy witnessing V-shaped recovery: Finance Ministry report
Thu, Dec 3, 2020 2:32 PM

Indian economy witnessing V-shaped recovery: Finance Ministry report

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The Indian economy is witnessing a V-shaped recovery as the Gross Domestic Product (GDP) has recorded a quarter-on-quarter growth of 23 percent in the July-September quarter of this fiscal, according to the Finance Ministry''s latest Monthly Economic Review. The decline in the GDP narrowed to 7.5 percent in the second quarter of this financial year, over 23.9 percent in April-June quarter.

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