Goldman Sachs Cuts Its India GDP Forecast For FY21 To Lowest Yet
Daily wage workers drink chai at a tea stall while waiting for work in Boisar, Maharashtra, India, on Sunday, Sept. 6, 2020. Photographer: Dhiraj Singh/Bloomberg

Goldman Sachs Cuts Its India GDP Forecast For FY21 To Lowest Yet

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After the lockdown to contain the coronavirus pandemic led to a steeper-than-expected contraction in India’s economy in the quarter ended June, economists further cut their growth estimates for the...