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FICCI, Banking & Finance

FICCI Survey Predicts 4.5% Contraction in India's FY21 GDP

The minimum and maximum growth estimate stood at (-) 6.4 per cent and 1.5 per cent, respectively, for FY21, it said. The quarterly median forecasts indicated 14.2 per cent contraction in the gross domestic product (GDP) in the first quarter of FY21, it added.

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