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With the epicentre of COVID-19 shifting to Europe, governments in the Western hemisphere have implemented drastic containment measures. Some of the near-term downside pressures may be mitigated by enormous amounts of fiscal and monetary stimulus. Still, a more significant risk is that the sharp dip in activity becomes a prolonged slump. On this global backdrop, Mukul Kochhar, Co-Head Institutional Equities, Investec India spoke with the Investec economics team to go through their latest forecasts in their monthly Global Economic Overview and discussed what could those impacts mean to India.