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    India Q2 GDP data to be out today: CNBC-TV18 Poll expects economy to shrink -8.9%

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    India Q2 GDP data to be out today: CNBC-TV18 Poll expects economy to shrink -8.9%

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    While that is a significant pullback from the 23.9 percent contraction in the first quarter, it will mean that India has entered a technical recession for the first time.

    The union ministry of statistics and programme implementation (MoSPI) on Friday (November 27) will announce the the gross domestic product (GDP) numbers for the second quarter (July-September 2020) of current financial year (FY 2020-21).
    A CNBC-TV18 Poll shows that the Indian economy is likely to contract by 8.9 percent during this period.
    While that is a significant pullback from the 23.9 percent contraction in the first quarter, it will mean that India has entered a technical recession for the first time.
    CNBC-TV18's Latha Venkatesh gets the key highlights from the poll.
    Watch the video for more.
    Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!
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