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India GDP Live: India’s GDP expanded 8.4% in July-September quarter, as reopening picked up tempo

In the second quarter of final monetary 12 months India’s financial system had contracted 7.4%.
(Image: PTI)

India GDP LIVE: India will announce its July-September quarter GDP numbers later at the moment. Economists at varied banks, ranking and analysis businesses estimate that the Indian financial system will submit robust GDP numbers, helped by a low base and a gradual reopening of contact-intensive companies. Estimates have pinned the GDP progress price to be within the 7% to 9% vary. During the earlier quarter, India’s financial system had grown 20.1% helped by a low base, nevertheless, GDP at fixed costs (2011-12) within the first quarter stood at Rs 32.38 lakh crore, decrease than the Rs 35.66 lakh crore seen within the first quarter of 2019-20. In the second quarter of final monetary 12 months India’s financial system had contracted 7.4%.

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