Indian economy to escape recession early next year on covid-19 vaccine: Report
- The recent vaccine news has boosted Indian stocks to repeated record highs and fueled hopes of a pick-up in economic activity
- The recovery still faces several downside risks, including the availability and the distribution of vaccines to over 1.3 billion people in the country
BENGALURU : India's economy is expected to recover early next year from recession, but at a modest pace, according to a majority of economists in a Reuters poll who said their upgraded growth predictions were based on the progress of COVID-19 vaccines.
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