IMF has said that India's gross domestic product (GDP) is expected to contract by 10.3% due to the impact of the national lockdown and the income shock experienced by households and firms due to the COVID-19 pandemic.

IMF's biannual world economic outlook: India's GDP to contract

The World Bank has said India’s GDP is expected to further contract by 9.6% this fiscal as a reflection of the economic slump the country has suffered due to the national lockdown induced by the coronavirus pandemic.

World Bank: India's GDP to contract in FY21

The world is certainly suffering from the devastating recession and this is because of the coronavirus fears. The Indian economy is headed towards its worst recession.

Coronavirus Pandemic: India's GDP to contract by 5% in FY21

India's economic growth may drop amid the coronavirus pandemic. The world bank expects that India's economic growth will be ranging between 1.5% to 2.8%. Watch report.

| COVID-19 impact on GDP: India GDP growth may drop to 1.5% to 2.8%

WION Evening News brief, January 31, 2018

The country will release September quarter data on Wednesday

Chilled by demonetisation, India to take cold comfort from strong GDP

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