India Inc hopeful of recovery in coming quarters
With the third quarter GDP growth rate coming in at 4.7 per cent ...
Sood said agriculture at 3.7 per cent expansion for Q3 should further show improvement in Q4 with better rabi crop prospects. As for the impact of coronavirus, fortunately, India remains largely unaffected. On the other hand, crash in crude oil prices should help in taming the inflation far more effectively, he added.
Ms Madhavi Arora
Edelweiss Securities’ Lead Economist Madhavi Arora said that further moderation in 3QFY20 growth amid historical quarterly revisions dashed markets’ hope that the economy had already bottomed out and was poised to improve.
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