New Delhi: Moody’s Investors Service on Thursday cut India’s economic growth forecast for current year to 5.6 per cent from 5.8 per cent estimated earlier, saying GDP slowdown is lasting longer than previously expected. “We have revised down our growth forecast for India. We now forecast slower real GDP growth of 5.6 per cent in […]
New Delhi: Global credit conditions in 2020 will weaken as a result of growing risks of an economic downturn, trade policy uncertainty and the effects of an unpredictable political and geopolitical environment, Moody’s Investors Service said on Tuesday. Although Moody’s does not expect a recession in 2020, recession risks are building, the report said. The […]
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