Economists Say Rapid Rise In COVID-19 Cases Could Delay Recovery In Already Slowing Economy India’s gross domestic product or GDP contracted 23.9 percent in the April-June period, official data showed today, as disruptions induced by the coronavirus pandemic damaged businesses and livelihoods across the country. Despite the monetary and fiscal …
Read More »India’s economic growth: Moody’s Investor Service sees India’s economic growth at ‘zero’ in fiscal year 21
[ad_1] Moody’s Investors Service on Friday projected India’s growth at zero percent for the current tax and said the negative outlook on the sovereign rating reflects growing risks that GDP growth will continue to be significantly lower than in the past. The forecast also partly shows weaker political effectiveness in …
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