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The Times of India

Business

TIMESOFINDIA.COM

Zero probability of recession in India, risk climbs for some Asian economies: Report

Recession India Asia Economy Inflation New Delhi

NEW DELHI: Indian economy has zero chances of slipping into recession, even amidst persisting global challenges, a survey by Bloomberg economists showed.

Surging prices of oil and energy in wake of the Russia-Ukraine war has had an adverse impact on almost all economies of the world. This has pushed central banks to rethink their monetary policy measures in an attempt to support growth.

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