US To Witness Recession, Indian Growth Likely To Be Impacted, Says Expert
The United States may see a deep recession soon, and such a scenario would impact not only India's services sector, which is a key component of the country's GDP but also bring about a lot of volatility in the bond and equity markets, a top economist has said. Neelkanth Mishra, Chief Economist for Axis Bank said the United States was expected to enter a recession.