Tag: Moody S Cuts India S 2019 20 Growth Forecast To 5 8

New Delhi: US rating multinational Moodys Investor Services on Thursday cut its 2019-20 growth forecast for India to 5.8 per cent, from its earlier 6.8 per cent, saying the economy was experiencing a pronounced slowdown on account of multiple, domestic and long-lasting factors. “While we expect a moderate pick-up in real GDP growth and inflation […]