Risks, and some rewards, as India does business in the times of coronavirus

China's loss in meeting US and European demand could help Indian leather, ceramics, and plastics. But gains will be short-term if the virus isn't contained quickly

More than 114,000 people have been infected by the coronavirus across the world and at least 4,030 have died as the disease upturns a modest growth in the world economy since mid-2019 and threatens key sectors of India's economy where some see a “silver lining” in China practically shutting down.

Multilateral lending agencies, like the World Bank and the International Monetary Fund (IMF), estimate that the coronavirus will have a long-term impact on global economic growth.

The Asian Development Bank (ADB) estimates that the world's gross domestic product (GDP) could reduce by 0.1-0.4 per cent, noting that financial losses could