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COVID-19 lockdown to cost India $120 billion: Barclays

Posted On: Mar. 30, 2020 5:52 AM CST

Coronavirus

Analysts at U.K.-based investment banking firm Barclays PLC expect the lockdown in India due to the coronavirus outbreak to cost $120 billion, The Economic Times reported citing the Press Trust of India. The three-week nationwide lockdown alone is expected to cost $90 billion, the analysts said.

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