Goldman Sachs lowers India growth forecast for FY21 to 11.1 pc

India is suffering the world's worst outbreak of COVID-19 cases, with deaths crossing 2.22 lakh and new cases above 3.5 lakh daily. This has led to demand for imposition of nationwide strict lockdowns to stem the spread of the virus - a move that the Modi government has so far avoided after the economic devastation last year from a similar strategy.

from Economy-News-Economic Times https://ift.tt/3eViluu