Q2 GDP Data LIVE Updates: The Centre will announce gross domestic product (GDP) numbers for the second quarter (July-September) of FY2020-21 on November 27. The numbers are highly anticipated after dismal Q1FY21 performance which saw GDP contract by nearly 24 percent due to economic slowdown and the COVID-19 pandemic. Analysts expect a significant sequential rebound in the numbers even as they may remain in the negative.
India's eight core industries growth stood at (-)2.5 percent in October 2020, in comparison to (-)0.8 pecent in September 2020. The data showed that the growth in the April-October 2020 in the eight-core sector was (-)13 percent in comparison to 0.3 percent on a yearly basis.
Also, September 2020's industries growth has been revised to (-)0.1% per cent against -0.8% earlier (YoY).