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India GDP Contraction Slows, Economy Enters Recession

India's economic contraction slowed sharply in the September quarter, but the economy entered a technical recession due to the impact of the harsh lockdown imposed to curb the spread of the coronavirus, or Covid-19, pandemic.

Gross domestic product fell 7.5 percent year-on-year, data from the statistics ministry showed on Friday.

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by RTTNews Staff Writer

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