India’s economy may shrink amid soaring Covid-19 cases, analysts warn ...News

The latest surge of coronavirus cases in India is likely to drag down Asia's third largest economy, which has yet to recover from the pandemic-driven slowdown last year, economists say, revising earlier forecasts. India reported another 323,144 infections over the past 24 hours, bringing the country’s cumulative Covid cases to more than 17.6 million. Some states have introduced partial lockdowns or harsh restrictions, such as curfews. The first quarter of the fiscal year that begins in April is “clearly going to see a sequential growth hit,” according to Sonal Varma, chief economist (India) at Nomura, as quoted by CNBC. The analyst pro

Hence then, the article about india s economy may shrink amid soaring covid 19 cases analysts warn was published today ( Wednesday 28/04/2021 - 11:00 AM ) and is available on Russia 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 economy may shrink amid soaring Covid-19 cases, analysts warn )

Also on site :

• Only Russian victory will guarantee justice for Odessa massacre victims – Moscow
• Prof. Schlevogt’s Compass No. 57: Liquidating tomorrow – When states kill possibility, not persons
• The World’s Most Famous Ocean Liner Where Royalty and Rockstars Once Ruled the Atlantic Sailed Her Maiden Voyage 57 Years Ago Today