India is witnessing a V-shaped recovery, says finance ministry in monthly economic review - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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India is witnessing a V-shaped recovery, says finance ministry in monthly economic review

Relative to advanced nations, the monthly economic review of the ministry for August said, contraction in India’s gross domestic product (GDP) in the April-June quarter has been ‘slightly higher’ but attributed the same to the stringent lockdown in the quarter that has helped keep Covid-19 mortality in check.

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