India Looks For Recovery Roadmap After Worst GDP Fall Since Independence

The country’s GDP had dwindled by 24.38 percent in the first quarter of 2020-21. It had bet on a household-consumption economic revival that may now take much longer to show results.

India’s Credit Rating Moves Perilously Close To “Junk” Grade

India’s investment grade sovereign rating is now the lowest with a negative outlook from all three major global agencies – S&P, Fitch and Moody’s with warnings to downgrade as low as the “junk category”.

Goldman Sachs’ Warning: You Won’t Be Able To Make Money In 2021

Goldman Sachs predicts a greater recession by March 2021. Here is a report on India’s economic performance in the month of September.