The road ahead turns darker for India, Asia's virus hotspot

Any rebound may be well short of the spurt seen after the global financial crisis more than a decade ago. India expanded at an average of 8.2% in the two fiscal years following the crisis, boosted by massive fiscal spending, monetary easing and a swift global recovery — all of which played a key role in ensuring a V-shaped recovery.

from Economy-News-Economic Times https://ift.tt/2XwlOs2