India’s economy posted its steepest contraction on record in the April-June quarter of the current fiscal year as the strict lockdowns imposed to ward off the spread of the deadly coronavirus infection stalled economic activity, shut out consumption and investment and led to job and income losses. In April-June, it suffered a contraction for the first time since India began maintaining quarterly records.
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2YMWEpi
Subscribe to:
Post Comments (Atom)
Industrial output grows 5.8% in FY24, slows a tad in March
Numbers released by the National Statistical Office on Friday showed the index of industrial production (IIP) rose an annual 4.9% in March, ...
-
A woman, in her early 20s, was stabbed to death by a man in southeast Delhi's Bhogal area on Friday evening, following which the accused...
-
The Delhi High Court on Thursday dismissed the pleas of TTV Dhinakaran and VK Sasikala challenging the Election Commission's order grant...
-
Trading in stock markets this week will be majorly influenced by the upcoming quarterly earnings from IT majors TCS and Infosys, along with...
No comments:
Post a Comment