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

Updated : November 27, 2020 06:36 AM IST

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.
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