Goldman Sachs: India's economy will shrink 45% this quarter and suffer a brutal recession this year

· Goldman Sachs predicts the Indian economy will shrink by an annualized 45% this quarter as the coronavirus pandemic takes a heavy toll.
· The bank's economists expect the nation's GDP to rebound 20% in the third quarter of the year as economic activity comes back.
· Goldman forecasts a 5% drop in real GDP this fiscal year,...