In its first ever nowcast, RBI has said that India is heading towards an historic technical recession
November 12, 2020 2020-11-12 15:34In its first ever nowcast, RBI has said that India is heading towards an historic technical recession
In its first ever nowcast, RBI has said that India is heading towards an historic technical recession
The nowcast further said that the GDP contracted 8.6% in the quarter ending September and the economy slumped about 24% in April to June.
These changes to the economy have pushed the country into an unprecedented recession.
