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Are we back on the path to recovery? Well, Rural India certainly seems so....Read more at:https://www.businessinsider.in...
23/07/2020

Are we back on the path to recovery? Well, Rural India certainly seems so....

Read more at:
https://www.businessinsider.in/policy/economy/news/ten-charts-that-show-the-recovering-parts-of-the-2-7-trillion-indian-economy/slidelist/76846563.cms =76846823?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

The COVID-19 pandemic brought the Indian economy to a standstill, leading to an increase in unemployment rates and economic output crashing down.However, with Unlock 1.0 underway, several parts of the $2.7 trillion Indian economy have started recovering.Rural India, often referred to as Bharat, is t...

Despite the negative short-term shocks from the pandemic, total foreign direct investment into India has remained buoyan...
23/07/2020

Despite the negative short-term shocks from the pandemic, total foreign direct investment into India has remained buoyant. Foreign direct investment by technology firms in the first seven months of 2020 has already reached around USD 17 billion, boosted by the USD 10 billion new investment announced by Google in mid-July.

Read more at:
https://economictimes.indiatimes.com/news/economy/indicators/indian-economy-set-for-post-covid-19-rebound-as-fdi-remains-buoyant-ihs-markit/articleshow/77127090.cms

"The severe negative impact is expected to result in a significant contraction in GDP in the April-June quarter of 2020, resulting in a recession in the 2020-21 financial year with GDP expected to contract by 6.3 per cent year-on-year," IHS Markit said in its outlook on the Indian economy.

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