India GDP forecast: India's GDP may turn positive at 1.3 per

India GDP forecast: India's GDP may turn positive at 1.3 per cent in December quarter: Report


Synopsis
Projecting that the gross domestic product (GDP) may have returned to the black in the last quarter of the calendar year 2020, DBS Bank in the report said the full-year growth in real terms may be at a negative 6.8 per cent.
Agencies
According to DBS, the RBI has a headroom to stick to its accommodative policy bias because of rebound in economic activity and the near-term pullback in inflation.
India's GDP may turn positive at 1.3 per cent in the third quarter of 2020-21, having witnessed contraction in the previous two quarters due to the coronavirus pandemic, as the number of cases is falling and public spending has started rising, according to a report.

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