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Monday, 31 August 2020

India's economy faces worst quarterly slump ever after lockdown

​Even before the pandemic struck, Asia’s third-largest economy was in the midst of a slowdown as a crisis in the shadow bank sector hurt new loans and took a toll on consumption, which accounts for some 60% of India’s GDP.

from Hindustan Times - business https://ift.tt/2QE7EAW
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