Fitch further slashes India growth forecast to below 1% this year, Auto News, ET Auto

Fitch expects supply responses and a relaxation of lockdowns to help oil prices to recover in 2H 20 from current lows, which are being exacerbated by storage capacity issues in the United States and elsewhere.
Fitch expects source responses and a leisure of lockdowns to assistance oil costs to get better in 2H 20 from existing lows, which are being exacerbated by storage ability difficulties in the United States and somewhere else.

London: Fitch Rankings has manufactured further more massive cuts to international GDP forecasts in its newest Worldwide Economic Outlook (GEO) in response to coronavirus-related lockdown extensions and incoming facts flows, stating the Indian economy is predicted to increase at underneath one particular for each cent this calendar year.

“With China and India each now predicted to see sub-1 for each cent expansion, we

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