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Global Recession │COVID-19 Impact: Where is India's Economy Headed? - Techzfacty

The world economy is struggling with another recession as the COVID-19 pandemic has forced businesses across the world to suspend their operations sectors such as Automobiles, real estates & banking have a difficult time ahead. Money control breaks down the impact of coronavirus induced global slowdown on India. Most Indians Companies will see their revenue & profits getting impacted amid COVID-19 pandemic. There is a direct impact on demand & supply of goods & services. According to (International Monetary Fund) IMF, has mentioned that due to lockdown because of the Coronavirus the economy worldwide has already been hit by the recession. In fact, According to them, not only will this recession be worse than the 2008 Global Financial Crisis but if will be the worst economic recession in the past 100 years after the Great Depression of the 1930s.         But most of the economist is of the opinion that the conditions of today is going to be worse...