India’s gross domestic product (GDP) contracted 23.9 per cent in the April-June quarter of 2020-21 from that in the same quarter last financial year, showed official data released by the National Statistics Office (NSO) on Monday. This is the first instance of an economic contraction for the country in at least four decades, and also … Continue reading FY 21 Quarter one : India’s worst economic contraction in 40 years GDP shrinks by 23.9%