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Indian economy may contract 10%: economist

India is going through a “technical” recession, with gross domestic product contracting for two consecutive quarters, but experts differ on the time needed for its recovery. India’s central bank has forecast the country’s economy is likely to contract by 7.5% in 2020-21 and this will be the first full-year contraction since 1979-80 (-5.2%). In the […]

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