Tuesday, January 26, 2021
Fox Bollywood
  • Home
  • News
  • Entertainment
  • TV
  • Celebrities
  • Controversy
  • Box Office
  • Gossip
  • Music
  • Reality Shows
  • Star Kids
  • Web Series
No Result
View All Result
  • Home
  • News
  • Entertainment
  • TV
  • Celebrities
  • Controversy
  • Box Office
  • Gossip
  • Music
  • Reality Shows
  • Star Kids
  • Web Series
No Result
View All Result
Fox Bollywood
No Result
View All Result
Home TV

India’s Q2FY21 GDP contracts 7.5%, manufacturing sees recovery amid COVID-19 pandemic

Bryleoo Townsend by Bryleoo Townsend
November 27, 2020
in TV
0
India’s Q2FY21 GDP contracts 7.5%, manufacturing sees recovery amid COVID-19 pandemic
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter


The GDP at constant (2011-12) prices in Q2 of 2020-21 is
Picture Supply : FILE

The GDP at fixed (2011-12) costs in Q2 of 2020-21 is estimated at Rs 33.14 lakh crore.

India’s Gross Home Product (GDP) contracted 7.5 per cent within the July-September quarter, knowledge launched by the federal government on Friday confirmed. The GDP at fixed (2011-12) costs in Q2 of 2020-21 is estimated at Rs 33.14 lakh crore, as towards Rs 35.84 lakh crore in Q2 of 2019-20, displaying a contraction of seven.5% as in comparison with 4.4% development in Q2 of 2019-20, the Ministry of Statistics and Programme Implementation stated. The Reserve Financial institution of India’s inside mannequin had anticipated a GDP contraction of 8.6 per cent for the July-September quarter.

ALSO READ: India’s GDP growth falls by 23.9% in April-June quarter, sharpest contraction on record

The nation’s financial system had slumped to an enormous contraction of 23.9 per cent April-June quarter within the wake of nationwide lockdown introduced to verify the unfold of coronavirus an infection. 

 RBI Governor Shaktikanta Das had on Wednesday stated that India’s financial system has exhibited a stronger pick-up in momentum of restoration than anticipated. Das cited {that a} multi-speed normalisation of exercise in Q2FY21, after the nation witnessed a pointy contraction in GDP by 23.9 per cent in Q1FY21.

“After witnessing a pointy contraction within the financial system by 23.9 per cent in Q1 and a multi-speed normalisation of exercise in Q2, the Indian financial system has exhibited stronger than anticipated pick-up in momentum of restoration,” Das had stated.

After recording contrations in two successive quarters, India has technically entered into a recession with a possible contraction in its GDP throughout the July-September interval,  a report by the RBI had stated earlier. RBI’s Financial Exercise Index estimated that India’s GDP development for the second quarter of the present monetary yr was unfavourable and the GDP contracted by 8.6 per cent throughout the quarter.

Latest Business News





Source link

Bryleoo Townsend

Bryleoo Townsend

Related Posts

COVID vaccination PM Modi meeting CMs cautions against misleading vaccine rumours
TV

COVID vaccination PM Modi meeting CMs cautions against misleading vaccine rumours

January 11, 2021
Indian Media Falsely Reports ‘Ex-Pak Diplomat Admits 300 Killed In Balakot Strike’
TV

Indian Media Falsely Reports ‘Ex-Pak Diplomat Admits 300 Killed In Balakot Strike’

January 11, 2021
Lockdown due to COVID-19 impacted India’s economy, says Amit Shah
TV

Lockdown due to COVID-19 impacted India’s economy, says Amit Shah

January 11, 2021
Next Post
Ukrainian government sponsors educational web show about cryptocurrencies

Ukrainian government sponsors educational web show about cryptocurrencies

World Soccer Gossip: United hopeful of signing Dembele; Chelsea eyeing move for Gimenez

World Soccer Gossip: United hopeful of signing Dembele; Chelsea eyeing move for Gimenez

ICMR approves dry swab method for ‘faster, cheaper’ Covid tests

ICMR approves dry swab method for ‘faster, cheaper’ Covid tests

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Virtual music concerts for the weekend

Virtual music concerts for the weekend

3 months ago
Why Hollywood studios’ romance for Bollywood has prematurely soured

Why Hollywood studios’ romance for Bollywood has prematurely soured

2 months ago
‘Tandav’ teaser: Saif Ali Khan’s political drama to release in January on Amazon

‘Tandav’ teaser: Saif Ali Khan’s political drama to release in January on Amazon

1 month ago
Bigg Boss 14 Grand Premiere Highlights: Rahul Vaidya gets a secret task to get a kiss from a female contestant : Precap episode

Bigg Boss 14 Grand Premiere Highlights: Rahul Vaidya gets a secret task to get a kiss from a female contestant : Precap episode

3 months ago

Categories

  • Box Office
  • Celebrities
  • Controversy
  • Entertainment
  • Gossip
  • News
  • Reality Shows
  • Star Kids
  • TV
  • Uncategorized
  • Web Series

Topics

Actor Amazon Art Arts cinema classical competition COVID19 Dance debut dies director Entertainment festival film Hindu India Indian Khan Live love Malayalam Margazhi Movie music Netflix News online People play Prize release review Season series show star theatre time Tribute video Vijay virtual week years
No Result
View All Result

Highlights

Wanted to do web series but was only getting ‘bold’ scripts

Pune Police Get Nine Vehicles For Escort Duty, Police Entertainment Center Renovated To Suit Modern Architecture

Times when the comedy show made headlines for wrong reasons

Rahul Sharma: Wanted to do web series but was only getting ‘bold’ scripts

Boney Kapoor on RRR-Maidaan clash at box office

The Hindu Margazhi Classical Music Competition: Adithyaram Gundala, first prize in Flute, 20-40 years

Trending

Abhay Deol shared teaser of web series ‘1962’
Web Series

Abhay Deol shared teaser of web series ‘1962’

by Saly Covington
January 26, 2021
0

Screenshot from 1962- The struggle within the hills starring Abhay Deol Disney Plus Hotsatar’s internet sequence...

The Hindu Margazhi Classical Music Competition: Sreejith G. Kammath, first prize in Flute, 20-40 years

The Hindu Margazhi Classical Music Competition: Sreejith G. Kammath, first prize in Flute, 20-40 years

January 26, 2021
Sacred Games to Tandav, OTT Shows That ‘Offended’ India

Sacred Games to Tandav, OTT Shows That ‘Offended’ India

January 26, 2021
Wanted to do web series but was only getting ‘bold’ scripts

Wanted to do web series but was only getting ‘bold’ scripts

January 26, 2021
Pune Police Get Nine Vehicles For Escort Duty, Police Entertainment Center Renovated To Suit Modern Architecture

Pune Police Get Nine Vehicles For Escort Duty, Police Entertainment Center Renovated To Suit Modern Architecture

January 26, 2021

Recent News

Abhay Deol shared teaser of web series ‘1962’

Abhay Deol shared teaser of web series ‘1962’

January 26, 2021
The Hindu Margazhi Classical Music Competition: Sreejith G. Kammath, first prize in Flute, 20-40 years

The Hindu Margazhi Classical Music Competition: Sreejith G. Kammath, first prize in Flute, 20-40 years

January 26, 2021
Sacred Games to Tandav, OTT Shows That ‘Offended’ India

Sacred Games to Tandav, OTT Shows That ‘Offended’ India

January 26, 2021

Category

  • Box Office
  • Celebrities
  • Controversy
  • Entertainment
  • Gossip
  • News
  • Reality Shows
  • Star Kids
  • TV
  • Uncategorized
  • Web Series

Follow us on social media:

Contact Us

  • About Us
  • Contact Us
  • Privacy & Policy

© 2020 Fox Bollywood

No Result
View All Result
  • Home
  • News
  • Entertainment
  • TV
  • Celebrities
  • Controversy
  • Box Office
  • Gossip
  • Music
  • Reality Shows
  • Star Kids
  • Web Series

© 2020 Fox Bollywood