NEW DELHI -- India's economy shrank 7.5% on the year in the July-September quarter, the country's statistics agency said on Friday, pushing the world's second-most populous nation into a technical recession.
Economy
India hit by recession as GDP shrinks 7.5% in July-September
Contraction eases but real picture on sustainable recovery yet to emerge
A woman shops inside a Mumbai store amid India's ailing economy, which analysts think has a long way to go before getting better. © Reuters
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