Forecasters are revising upwards their projection for the current fiscal’s GDP growth after better-than-expected numbers for the second quarter. Most economists expect India’s GDP to shrink between 6% and 8% in FY21. Until last month, international agencies like the IMF were expecting the economy to shrink by 10%. The RBI is widely expected to continue with its accommodative stance.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/33sl5La
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