India GDP forecast: Goldman Sachs expects deeper trough in CY20
Tue, Sep 8, 2020 7:51 PM

India GDP forecast: Goldman Sachs expects deeper trough in CY20

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The Indian economy is expected to climb from a deeper trough in the calendar year 2020 (CY20) and see a stronger rebound in the year 2021, according to global financial firm Goldman Sachs. "While the economy must now climb out of a deeper trough in 2020, we have upgraded our expectations of a rebound next year," Goldman Sachs said in a report.

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