India’s economy shrinks record 23.9pc in April-June quarter

NEW DELHI: Indian economy contracted at its steepest pace on record of 23.9pc year-on-year in the June quarter, official data showed on Friday, as the pandemic lockdown shattered consumer and business spending.

The read-out for the June quarter was worse than the 18.3pc contraction forecast of analysts in a Reuters poll, and lower than a 3.1pc growth rate for the previous quarter.

- Advertisement -

3 COMMENTS

  1. I’m working with Technocure Phrmaceutical company Canada there is a product my company needs which is used in manufacturing of antibiotics medicine for HIV EBOLA CANCER ANIMAL VACCINE the name of the nut is epogi natural nuts the farmer/supplier in India sells each sachet of 100gram is 333.98$dollar you will buy from the farmer in India and sell to my company at the rate of 1.135,53$dollar i want us to do this business together and make good profit from it my company were purchasing this product before from Bhutan because of the low quality supply my company stop i have gotten a contact of a local farmer from my friend in USA there company have been dealing with the local farmer from India for the past 15 years now because of language barrier thats why am contacting you if you are interested let me know so that I can guide you on how to go about it thanks.if you are interested Contact this Email:{[email protected]}

    Sincerely yours,
    Mr.Thompson Cole

  2. Hi ,

    The business deal is regarding our company’s urgent need for a

    particular herbal oil from India. The raw oil is called ‘AKUBITA OIL

    (LIQUID)’. The said OIL is used in production of zoological medicine

    and supplementary especially for animals. It is the major raw material

    our company is using for the production of Antiviral & Retro-viral

    Vaccines,drugs and injections for health treatment and food supplements

    of Animals and other related pathogenic viruses. Our company is

    currently buying it from an Indian supplier in the USA at a very high

    rate (6,000 usd) for one liter bottle.

    Recently,I got contact information from the main Indian manufacturer

    from a reliable source where I came to know that the same oil is being

    sourced in India at the rate of 2,500usd per liter. But due to my

    interest in this business,I do not wish to reveal the original

    manufacturer’s contact information to my company director because I am

    worried about the fact that if I allow my director to communicate with

    the original vendor directly, sooner or later I will be sidelined.

    I am therefore seeking to form a strategic partnership with you

    where you will be required to handle this business as the seller and we

    will share the net-profit between you and me on a percentage basis on

    successful completion of each transaction. This is going to be a long

    lasting business relationship between you and my company once my boss

    gains confidence in you.

    My intention is to present you to my company director as the

    original supplier from India but you must promise to maintain utmost

    transparency with me (You will be a Middleman between our company and

    the original Indian producer) so that our company will not discover the

    main-source of the oil in India. Because my company will like dealing

    directly with them if my director discovers that you are not the main

    vendor.

    I am waiting for your quick reply so as to share the Indian Local

    Supplier’s Information with you.if you are interested Contact this

    Email:{[email protected]}

    Thanks and Regards,
    Mr. Jacob Hillary

Comments are closed.

- Advertisement -

Must Read

SBP Amendment Bill passes Senate in a rushed vote

The Upper House of the Parliament, Senate on Friday approved the State Bank of Pakistan (SBP) Amendment Bill on Friday. The bill has been passed...