India Ratings cuts economic growth forecast for India to 3.6 per cent

The agency said the initial and visible impact of the spread of the COVID-19 pandemic on the economy has been the disruption in the production of select manufacturing sectors due to the breakdown of supply chain, near-collapse of the tourism, hospitality and aviation sectors and a rise in the work load of the healthcare sector.

from Economy-News-Economic Times https://ift.tt/2QRVuF2