The coronavirus is pushing the world into a recession, and India can not be immune to it
The global economy appears headed for uncharted, struggling territory thanks to the second wave of the coronavirus that has actually now spread out to nations as far apart as Nigeria and New Zealand. The infection has maimed international supply chains, hit air travel and shook markets as it appears all set to negatively impact the U.S. economy, the worldwide economic engine. A slowdown or even worse, economic crisis, in the two worldwide economic engines is bad news for the world economy, which may well tilt into economic crisis.