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Coronavirus: The Economic Impact Of COVID-19 On India
A detailed scenario analysis of the impact of COVID-19, on the global economy and India in particular.
13 Mar 2020, 01:50 PM IST ![NDTV Profit](/icons/feather-without-circle.svg)
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![A pedestrian wearing a protective mask walks past stores near Crawford market in Mumbai. (Photographer: Dhiraj Singh/Bloomberg) ](https://media.assettype.com/bloombergquint%2F2020-03%2F4e5d262d-a731-4c54-b117-76e5da2c7709%2F360142699.jpg?rect=0%2C0%2C3918%2C2204&auto=format%2Ccompress&w=200)
A pedestrian wearing a protective mask walks past stores near Crawford market in Mumbai. (Photographer: Dhiraj Singh/Bloomberg)
Things are moving fast with the COVID-19 novel coronavirus. On March 12, the World Health Organization declared that the virus is now a pandemic and President Trump announced a 30-day ban on all travel from the EU to the U.S. One thing is sure: COVID-19 is the quintessential ‘black swan’. Two key features of black swans are that their occurrence is highly unlikely and their impact is very big, which was also the case for the 9/11 ter...
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