Make in India could be flirting with recession
Finance minister Nirmala Sitharaman told Parliament last week that growth may have slowed down, but there is no recession yet.Mint explains what recession is, and how the GDP estimates released just two days after the FM’s statement point to one in manufactur…
When and how does a recession occur?
A recession occurs when a fall in a measure of aggregate economic activity causes cascading declines in the other key measures of activity, according to a 2006 working paper co-authored by Delhi School of Economics profes
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