Indian economy shrinks for second quarter in a row, shows signs of pick-up

The Indian economy shrank for the second straight quarter through September, although it showed signs of a pick-up after the easing of pandemic restrictions that triggered a record contraction in the previous quarter. India's gross domestic product in July-September quarter contracted 7.5% on year, data released by the National Statistical Office on Friday showed, compared to a decline of 23.

9% in the previous three months. Analysts in a Reuters poll had forecast an 8.8% contraction in the lastest period. Annual growth.....

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