ICRA Sees India Real GDP Contract By Almost Double Digits In FY21
A pedestrian with a face covering walks past a store at the Kondli Wholesale Market in Noida, Uttar Pradesh, India. (Photographer: Prashanth Vishwanathan/Bloomberg)

ICRA Sees India Real GDP Contract By Almost Double Digits In FY21

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ICRA Ltd. has sharply cut its forecast for the Indian economy in FY21, citing localised lockdowns and rising Covid-19 cases. Its forecast is now the most pessimistic among major institutional forec...