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S& P Global Ratings

S& P Global Ratings latest

S&P: Indian Economy Likely to Contract by 5 Percent
June 28th, 2020 - 07:00 GMT

S&P: Indian Economy Likely to Contract by 5 Percent

The fallout of the Covid-19 pandemic on the Indian economy will be more disastrous than estimated earlier, according to international financial institutions and economists. The latest institution to sound the alarm bells for Asia's third-largest economy is the S&P Global Ratings that said on Friday that the Indian economy is in deep trouble with growth likely to contract by five percent this financial year. "India's economy is in deep trouble ...
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