“Bhakts will start boycotting Barclays now,” joked liberal Twitterati after the UK-based brokerage firm published a report forecasting 0.8% GDP growth in India for FY21. According to the report titled ‘A deeper and longer slowdown’, the figure was revised from its earlier projection of 3.5%, after the lockdown was extended till May 3. Given the deteriorating globa
Land of no growth
The lockdown extension may have been crucial, but the collateral damage to India’s GDP will take its own time to repair
Published 10 months ago on Apr 25, 2020 • 1 minute Read
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