Will India Slip into a Recession?
Recently, the United States fell into a technical recession. The technical definition of a recession is two consecutive quarters of GDP contraction, which the US government confirmed on Thursday. Their economy shrank by 0.9% last quarter after contracting 1.6% in the first quarter.
A famous saying is, "when the US sneezes, the world catches a cold."
But is it different this time?
According to a survey for Asian countries published on TOI, India has zero probability of slipping into a recession.
What do you say? Do you agree with this Survey?
#economy
Recently, the United States fell into a technical recession. The technical definition of a recession is two consecutive quarters of GDP contraction, which the US government confirmed on Thursday. Their economy shrank by 0.9% last quarter after contracting 1.6% in the first quarter.
A famous saying is, "when the US sneezes, the world catches a cold."
But is it different this time?
According to a survey for Asian countries published on TOI, India has zero probability of slipping into a recession.
What do you say? Do you agree with this Survey?
#economy
Will India Slip into a Recession?
Recently, the United States fell into a technical recession. The technical definition of a recession is two consecutive quarters of GDP contraction, which the US government confirmed on Thursday. Their economy shrank by 0.9% last quarter after contracting 1.6% in the first quarter.
A famous saying is, "when the US sneezes, the world catches a cold."
But is it different this time?
According to a survey for Asian countries published on TOI, India has zero probability of slipping into a recession.
What do you say? Do you agree with this Survey?
#economy
0 Комментарии
0 Поделились
0 предпросмотр