Fitch projects India’s economy to contract 10.5 per cent in current fiscal

Fitch projects India’s economy to contract 10.5 per cent in current fiscal

Fitch Ratings on Tuesday projected a massive 10.5 per cent contraction of India’s economy in the current financial year. India recorded one of the sharpest gross domestic product (GDP) contractions in the world in April-June. India’s GDP shrank by a staggering 24 per cent year-on-year amid the imposition of one of the most stringent global … Read more