India Gets Biggest GDP Downgrade by IMF as Lockdown Hurts
Pedestrians walk along a near-empty street near Crawford Market during a lockdown imposed due to the coronavirus in Mumbai, India, on June 1, 2020. (Photographer: Dhiraj Singh/Bloomberg)

India Gets Biggest GDP Downgrade by IMF as Lockdown Hurts

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(Bloomberg) -- The International Monetary Fund’s forecast for India’s economy swung from expansion to contraction, marking the sharpest downgrade in projections of the world’s main economies.
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