HSBC Estimates India’s GDP To Contract 7.2% This Fiscal
Migrant workers and their families sit in the back of a truck traveling along National Highway 24 (Photographer: Anindito Mukherjee/Bloomberg)

HSBC Estimates India’s GDP To Contract 7.2% This Fiscal

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India’s GDP is expected to contract 7.2% in the ongoing financial year despite a spurt in economic activity as the lockdown curbs are eased, according to HSBC India’s Chief Economist Pranjul Bhanda...