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Indian economy to recover mildly by March 2020: Goldman Sachs

Thursday, August 29, 2019, 8:48 AM

Global broking firm Goldman Sachs has forecast a mild recovery of the Indian economy from the economic slowdown by March next year, assuming a significant pick-up in consumer confidence and loosening of domestic financial conditions. "Our forecasts assume a substantial improvement in consumer confidence over the course of the year and a significant easing in domestic financial conditions."

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