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S&P lowers India's growth forecast to 5.2% in 2020 amid coronavirus fears

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S&P lowers India's growth forecast to 5.2% in 2020 amid coronavirus fears
  • S&P Global Ratings lowered India's economic growth forecast to 5.2% for 2020, saying the global economy is entering a recession amid the coronavirus pandemic.
  • The agency had earlier projected a growth rate of 5.7 per cent during the 2020 calendar.
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