Indian Economy May Contract 0.4% in FY21 on Coronavirus Pandemic, Say Two Foreign Brokerages

Japanese brokerage Nomura warned of a likely downgrade of the sovereign by global ratings agencies while American brokerage Goldman Sachs (GS) said RBI will cut rates by another 1 percentage point to arrest the economic slide.

from Top Business News- News18.com https://ift.tt/35TygF3

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