Contraction in India’s Q2FY21 GDP recedes, still down by (-) 7.5%

New Delhi, Nov 27 : Indias economic recovery accelerated in Q2FY21 from the lows of the pandemic-induced lockdown, as the year-on-year contraction in the countrys GDP receded to (-) 7.5 per cent from (-) 23.

9 per cent in the previous quarter, official data showed on Friday.