India looks set to beat recession even as new coronavirus cases loom

India will become one of the few major economies to post growth in the last quarter of 2020, with any improvement in the economy's performance inversely tied to a drop in Covid-19 infections

As India’s economic fortunes stand at the cusp of a turnaround, a spike in coronavirus cases across its key business centers risks undoing some of the gains.
 

Data due later Friday will probably show gross domestic product expanded 0.6 per cent in the three months ended December, after contracting for two consecutive quarters, according to the median forecast in a Bloomberg survey of economists. That will help Asia’s third-largest economy exit an unprecedented recession.

India will become one of the few major economies to post growth in the last quarter of 2020, with any improvement