Fitch cuts India growth forecast to 30-year low amid COVID-19 outbreak; GDP at 2% for FY 2020-21
Stating that an economic recession gripped global economy following the lockdowns due to COVID-19 pandemic, Fitch Ratings on Friday said the initial disruptions to regional manufacturing supply chains in China have now broadened to include local discretionary spending and exports.
Apr 03, 2020, 19:58 PM IST