x

Recession expected to be much shorter vs global crisis: Chetan Ahya

Shortpedia

Content Team
Image Credit: shortpedia

India's economy has been hit by coronavirus crisis. In a recent research note, Morgan Stanley stated that it is time to brace for an economic rebound from the pandemic that is both swift and powerful. Morgan Stanley MD Chetan Ahya said this will be a shorter recession than the one in 2008. He explained that the first reason is the fact that this is a crisis which did not start out as a financial crisis.