NEW DELHI : Global investment bank JP Morgan is forecasting a “very strong rebound” in Indian markets for the second half of the year while it remains “worried” about what it describes as deterioration in the country’s public finances, social disruption and the limits of public financing in the long slog back from the coronavirus crisis.

“India is going to be going through a very difficult first half of the year. We have GDP down in the second quarter, 35 per cent annualised pace but we have a very strong rebound in the second half of the year, but one that still doesn’t get you back to where you were,” Bruce Kasman, chief economist at JP Morgan told IANS.

Kasman leads a

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