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What has the RBI cautioned about GDP decline amid the pandemic, and what lies ahead?
The story so far: The Reserve Bank of India’s (RBI) latest monthly bulletin features an article ‘An Economic Activity Index for India’, which projected that India’s GDP (Gross Domestic Product) contracted by 8.6% in the July-September quarter of the financial year ending in March 2021.
What is a technical recession?
Difference between a ‘technical recession’ and a ‘recession’
Which are some of the other economies to have recently experienced a technical recession?
What does the technical recession presage for the Indian economy’s outlook?
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