Sunday, August 16, 2020

Covid-19 triggers once in-a-century crisis: Kumar Mangalam Birla

"It is estimated that about 80 per cent of India's GDP originates from districts which were classified under red and orange zones during the lockdown, where economic activity remained severely constrained. Correspondingly, India's GDP is likely to contract in FY21, which would be the first such instance in over four decades," Birla said in a letter to shareholders.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2CwySpL

No comments:

Post a Comment