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Economy

UBS expects negative GDP growth for India in FY21

Updated : April 29, 2020 01:20 PM IST

UBS expects India’s balance sheet concerns could drag its long-term potential growth lower to 5 percent.
However, UBS believes there is a golden opportunity for India to gain market share in the global export basket as COVID-19 increases relocation intentions.
UBS expects negative GDP growth for India in FY21

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