Thursday, 16 July 2020

Is Mukesh Ambani India's answer to China?

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Thu, Jul 16, 2020 | 05:32 PM IST

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Ambani wants to step into the breach created by the cold war between US and China Ambani wants to step into the breach created by the cold war between US and China
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Is it too early to talk of an economic recovery?
The economy was cratering even before the pandemic hit, with demand stagnation leading to declining GDP growth over successive quarters. The lockdown just made it worse. Now as India slowly reopens, the needle seems to be moving, but is it enough? While the supply-side problems that affected the economy in the beginning of the lockdown have been largely sorted, things are far from normal.

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