Growth may have bottomed in June quarter; recovery cycle to be elongated: UBS
NEW DELHI: India’s sluggish growth momentum has dampened demand, capital expenditure and export outlook of companies, and the future recovery cycle will be “elongated and below market expectations”, says a survey. According to the UBS India financial conditions index, growth may have reached a trough in the June 2019 quarter. In economic parlance, a trough […]