India enters worst of major economy recessions

MUMBAI: India’s economy contracted 7.5 percent between July and September, the poorest among major advanced and emerging economies, entering a technical recession for the first time since independence.
Although an improvement on the record 23.9-percent contraction recorded last quarter, data indicates that Asia’s third-largest economy is in for a tough fight as it attempts to revive itself as coronavirus infections climb.
The two successive quarters of contraction mean the country has now entered a “technical recession” for the first time since 1947.