Photo: India TV News

Motilal Oswal Financial Services Predict India's GDP to Fall 6-7% in 2nd Quarter

Mumbai’s Motilal Oswal Financial Services, in their 'Ecoscope' report on October 5, stated that economic indicators show the GDP will fall by 6-7% in the second quarter. This is lower than the widely expected 11% fall. According to the firm, e-way registrations, power generation, mobility-indices and auto sales have resulted in increased economic activity. The report also suggests a positive trend in economic activities during the upcoming… read-more

Tue, 06 Oct 2020 - 10:41 AM / by Shivam Chandrashekhar Kulkarni

Tags: Motilal Oswal Financial Services, Market, GDP, Economic Indicators, Economic Activity