Covid-hit Indian economy may have shrunk 14-26% in Q1, say economists in ET poll

Covid-hit Indian economy may have shrunk 14-26% in Q1, say economists in ET poll

NEW DELHI: India’s economy may have contracted by as much as a fourth in the June quarter because of Covid-19 and the lockdown that ensued, according to a poll of 11 economists conducted by ET. They warned that a recovery may take a while as the virus spreads and infection numbers rise, prompting further localised … Read more