Thursday, May 28, 2020

India's economy seen slowing rapidly in March quarter, with worse to come

The median forecast from a Reuters poll of economists put annual economic growth at 2.1% in the March quarter, lower than 4.7% in the December quarter. Forecasts ranged between +4.5% and -1.5%. Economists expect the fiscal year that began in April will see the worst economic contraction in four decades.

from Economy-News-Economic Times https://ift.tt/2MaE2ZO
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