recession

Over 80% of economists, or 30 of 36, said it was likely to take more than a year for India's GDP to reach pre-COVID-19 levels.
Shaktikanta Das said the RBI had cut repo rate by 40 basis points from 4.4 % to 4% while the reverse repo rate was reduced to 3.35%.
Speaking in the Rajya Sabha, Finance Minister Nirmala Sitharaman claimed that the Indian economy was facing a slowdown, but this wasn't a recession.
INTERVIEW: Economist Sudipto Mundle explains why the economy could grow at a rate of just 4.9% this year and how the Modi govt's piecemeal measures suggest it doesn't know what's wrong.
Kumar, a black economy expert, said demonetisation actually created new black incomes and was the first of three shocks that are keeping the Indian economy under recession today.