Global Worries
Trends in global markets do not augur well for India's economy.
by Anand Adhikari
Dec 10, 2018
3 minutes
India's Economic growth has been highly correlated with global growth over the last couple of decades. For instance, India plunged into a slowdown after the global financial crisis of 2008 that hit economies of Europe, the US and China. After a short recovery following years of anaemic global growth, slowdown fears are gripping advanced economies again. This cannot be anything but bad news for India.
The US is expected to see its gross domestic product, or GDP, growth slow from 2.9 per cent
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