Goldman Sachs raises India FY21 GDP forecast to -10.3%

Its earlier forecast was -14.8%. The broad-based availability of an effective vaccine could allow containment policies and mobility to normalise by mid-2022 along with a meaningful activity rebound in 2021, particularly in consumer-facing services sectors, it said in a report on Tuesday.

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