Path to world-beating growth is tough as India becomes virus hotspot

Until recently feted for its world-beating economic growth, India today is Asia’s coronavirus hotspot, facing a long road out of a crisis that’s left businesses broken and millions jobless.
 

The blow from a virtual shutdown of a nation of 1.3 billion people has been so severe that economists are struggling to forecast how long it will take to recover. With Asia’s third-largest economy heading for its first full-year contraction in more than four decades — some say of as much as 5 per cent — it may be a while yet before India can get back to its halcyon days