Home / business / Covid-19 Pandemic to Bite India's Economy Deeply, GDP to Shrink by 6% in FY21: Report

Covid-19 Pandemic to Bite India's Economy Deeply, GDP to Shrink by 6% in FY21: Report

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The yet to be stabilised infection curve reflects a deeper double-digit contraction in Q1 of FY21 and a shallower pickup in Q2 and a return to growth in Q3, said Singaporean brokerage DBS.

from Top Business News- News18.com
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Covid-19 Pandemic to Bite India's Economy Deeply, GDP to Shrink by 6% in FY21: Report Covid-19 Pandemic to Bite India's Economy Deeply, GDP to Shrink by 6% in FY21: Report Reviewed by Team Exprssnews on July 22, 2020 Rating: 5

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