Contraction
- Top Stories
Indian economy contracts by 7.5% in Q2; enters first-ever ‘technical recession’
With the lingering effects of COVID-19 induced lockdown still prevailing, India entered into an unprecedented ‘technical recession’ with its economy contracting 7.5 per cent in the July-September quarter (Q2), the National Statistical…
- World
Singapore’s economy sees a worst-ever quarterly contraction of 13.2%
Singapore: Singapore’s economy contracted by 13.2 per cent on a year-on-year basis in the April-June quarter, its worst quarterly economic performance on record amidst the coronavirus pandemic, according to data released on Tuesday.…
