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Indian Economy

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S&P GLOBAL RATINGS: INDIAN ECONOMY IN DEEP TROUBLE, GROWTH EXPECTED TO CONTRACT 5% IN FY21

Published On 27 Jun 2020 07:39 AM


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Highlights

• According to the report made by S&P, the Indian economy will shrink 1.3 percent in 2020 and bounce back 6.9 percent in 2021

• Shaun Roache, chief economist for Asia-Pacific at S&P states the region has showcased some success in containing the virus with the help of its macroeconomic policies

• Shaun Roache said the recession may continue even after the world finds vaccine for th....


Tags : S&P, Indian economy, COVID-19 vaccine, Asia Pacific, Shaun Roache,
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