Sharp virus surge, rising risk of renewed lockdowns throw India's steady recovery in doubt

While RBI Governor Shaktikanta Das has said he doesn’t see any immediate threat to activity, economists see a bumpy road ahead given that Maharashtra, which contributes 14.5% to the country’s GDP, is among the worst hit and accounts for the majority of cases. The state has imposed a night curfew to tamp down cases that have been rising.

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