BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Care Ratings Research Report
The International Monetary Fund released its World Economic Outlook - October 2020 report where it has projected global growth to fall by 4.4% in 2020 and expect a rebound of 5.2% in 2021.
After the rebound in 2021, global growth is expected to gradually slow to about 3.5% in the medium term.
In case of India, there has been a sharp downward revision in the gross domestic product contraction from its June projections for FY21.
The IMF believes that the economy is expected to contract by 10.3% in FY21 and rebound to 8.8% in FY22.
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