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Infographic: How coronavirus has hurt Indian economy

Coronavirus has worsened India's financial position to an all-new low; country remains virtually shut since March 25 and businesses face an uncertain future

Shivani Sharma| Mohsin Shaikh | April 17, 2020 | Updated 20:10 IST
Infographic: How coronavirus has hurt Indian economy
How coronavirus has worsened India's financial position to an all-new low

India is facing an unprecedented economic crisis due to coronavirus outbreak. Most credit rating agencies have drastically cut India's FY21 GDP forecast from their earlier projections. India's forex reserves are drying, the rupee has taken a hit, and exports are refusing to pick up pace amid closed borders. The country remains virtually shut since March 25 and businesses face an uncertain future. In this BusinessToday.In infographic, we try to explain how coronavirus has worsened India's financial position to an all-new low.

Also read: Coronavirus in India Live Updates: 28,542 samples tested today; active cases tally rise to 11,616

Also Read: Coronavirus in India: State-wise COVID-19 cases, deaths, list of testing facilities

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