Indian government announced complete ban on international flights in March while countries across the world were announcing restrictions to contain the spread of COVID-19.
Financial services major HSBC has predicted 7.2 percent contraction for India’s GDP, as per comments from HSBC India’ Chief Economist Pranjul Bhandari.
Reliance Industries has been in the news for the last two months as the company has been announcing one after another investments from private equity majors in its technology venture Jio Platforms.