Tag Archives: India’s economy enters recession for first time since independence

MUMBAI: India’s economy contracted 7.5 per cent between July and September, putting it among the worst-performing major advanced and emerging economies as it entered a technical recession for the first time since independence, official data showed on Friday. Although the figures were an improvement on the record 23.9pc contraction recorded last quarter, they indicate that Asia’s third-largest economy is in …

Read More »