Anand Rathi: GDP Q2 Review - Better Than Expected 
A worker carries bird cages on his head while walking along the pedestrian walkway of the Howrah Bridge in Kolkata, India. (Photographer Sanjit Das/Bloomberg)

Anand Rathi: GDP Q2 Review - Better Than Expected 

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BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Anand Rathi Report

As expected, India entered the first technical recession in the known history. Yet, down 7.5 % decline in gross domestic product growth during September 2020 was better than expected.

Positive net exports, better than expected manufacturing recovery and modest improvement in investment rate raise hope for H2 FY21.

Fiscal conservatism and subdued consumption key concerns.

Click on the attachment to read the full report:

Anand Rathi GDP Economy Update.pdf

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