GDP to fall more in the December quarter: Analysts

India’s economy is expected to improve in the quarter ending in September, compared to the record drop in growth in the previous 3 months. Analysts say it will be a long road to recovery. Economists polled by Reuters predicted that India’s economy shrank 8.8% in the quarter ending in September. They expect GDP to also fall in the October to December quarter, followed by a 0.5% expansion between January to March.  “India could still emerge as one of the fastest-growing economies despite weakened growth potential,” he added.

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