Being “decoupled” from global markets will help the country dodge an economic downturn, S&P has said India is unlikely to join other leading economies in plunging into recession, rating agency S&P said on Tuesday, citing the country’s relative independence from global markets. “[The] Indian economy is decoupled from the global economy… even though you [India] are a net importer of energy. But you have enough forex reserves on one hand and your companies have managed to maintain healthy balance sheets,” Paul Gruenwald, S&P’s global chief economist and managing director, told reporters in Mumbai. A lot depends on ho
Hence then, the article about india s recession safeguard revealed was published today ( ) and is available onRussia Today ( News ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( India’s recession safeguard revealed )