Lockdowns to hit growth, pull down FY22 GDP

Hong and Shanghai Banking Corp Ltd (HSBC) expects India's year on year GDP growth to fall back into negative territory after recording a marginal 0.4% increase in the quarter ended December 2020. Moreover quarter on quarter GDP in the three months ended June 2021 could again contract.

from Economy-News-Economic Times https://ift.tt/2RSiC9T