fbpx
  • Hindi
  • Heritage Edge
  • Sports Edge
  • Wildlife Edge
SHARP. BITTER. NEUTRAL.
No Result
View All Result
  • Login
The Edge Media
Thursday, March 30, 2023
  • Home
  • National Edge
  • State Edge
  • Political Edge
  • World Edge
  • Entertainment Edge
  • Business Edge
  • Sports Edge
  • Home
  • National Edge
  • State Edge
  • Political Edge
  • World Edge
  • Entertainment Edge
  • Business Edge
  • Sports Edge
No Result
View All Result
The Edge Media
No Result
View All Result
Home Business Edge

India’s recession for the first time in history! Know what this means?

The Edge Media by The Edge Media
2 years ago
in Business Edge
Reading Time: 1 min read
0
Share on FacebookShare on TwitterShare on LinkedInShare via TelegramSend To WhatsApp


According to some officials of the Reserve Bank of India, for the first time in the history of India, there has been a recession.  According to their report, GDP is negative in the second quarter too.  Let’s know what it means and why it is a matter of great concern?

 According to a research by Reserve Bank officials, India’s GDP growth in the July-September quarter has been 8.6 per cent, which means the GDP has fallen by 8.6 per cent.  However this is not an official figure and the figures are yet to be released by the government.  Earlier in the first quarter of this financial year, there was a huge decline of about 24 percent in GDP.

 The condition of the economy has deteriorated due to lockdown due to Corona crisis.  However, it has now shown signs of improvement and the Finance Ministry says that GDP growth could be positive in the third quarter.

 As soon as this news comes, the leaders of the opposition including Rahul Gandhi have started attacking the Modi government and it is being told the result of the weakness of the government.

Tags: Buisness newsBuisness news in HindiBusiness news todayNews in hindi
Previous Post

Film actor Asif Basra commits suicide in Himachal Pradesh, hangs himself at home

Next Post

Do not bring such a picture of Lakshmi Maa, money will remain a problem

Related News

HCL Technologies signs five-year agreement with German multinational chemical company Wacker Chemie AG

by The Edge Media
August 18, 2021
0

HCL Technologies (HCL) has signed a five-year agreement with German multinational chemical company Wacker Chemie AG to establish a modernized...

Government may be the biggest loser in case Vodafone Idea collapses

by The Edge Media
August 9, 2021
0

With outstanding dues of nearly Rs 1.6 lakh crore in spectrum payments and AGR dues, the government may be the...

India’s retail inflation marginally rose, shows report

by The Edge Media
July 12, 2021
0

India's retail inflation marginally rose 6.26% in June from a year ago compared to 6.3 per cent in May, government...

Earthquake in Assam

by The Edge Media
April 28, 2021
0

After the tremors of Assam earthquake, Prime Minister Narendra Modi has spoken to the Chief Minister of the state, Sarbananda...

Canada halts passenger flights from India and Pakistan

by The Edge Media
April 27, 2021
0

Canada has banned flights coming from India and Pakistan amid growing cases of corona virus.  The Canadian administration has banned...

Black marketing of Remdesivir during second wave

by The Edge Media
April 17, 2021
0

Amidst the second deadly wave of Corona, a drug is being discussed the most.  Demand for this drug is increasing...

Discussion about this post

Recommended

Woman asks mercy for ex-husband who killed their five children, says kids loved him

4 years ago
Fresh arrest in Shilpa Shetty’s husband Raj Kundra ‘s porn case.

Raj Kundra Pornography Case: Crime Branch Recovers 70 Videos Shot By His Ex PA Umesh Kamat

2 years ago

Popular News

    • Hindi
    • Heritage Edge
    • Sports Edge
    • Wildlife Edge
    SHARP. BITTER. NEUTRAL.

    © 2021 The Edge Media All Rights Reserved.

    No Result
    View All Result
    • Home
    • National Edge
    • State Edge
    • Political Edge
    • World Edge
    • Entertainment Edge
    • Business Edge
    • Sports Edge

    © 2021 The Edge Media All Rights Reserved.

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In