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Motilal Oswal: India’s Economic Activity Contracts In August; Expect 6-7% YoY Decline In Q2 FY21 Real GDP

Motilal Oswal’s Economic Activity Index for India’s Gross Value Added declined for the sixth consecutive month in August.

 A vegetable vendor counts Indian rupee notes on a road in Mumbai, India (Prashanth Vishwanathan/Bloomberg)
A vegetable vendor counts Indian rupee notes on a road in Mumbai, India (Prashanth Vishwanathan/Bloomberg)
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
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