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Have cut global growth forecast for 2020 from 2.5 to 2 percent, says IHS Markit

Updated : March 03, 2020 01:10 PM IST

India needs to be really cautious because at the moment one of the favourable things for India is that it hasn’t had as many cases of Coronavirus, just a handful of confirmed cases.
It is too early to say that India wouldn’t be affected and much will depend on whether India can contain the spread within India of such cases. Otherwise, the fundamentals are good and reflects that the economy is improving.

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