Why in news Moody’s Ratings has expressed confidence in India’s economic growth despite concerns about weakening urban demand and lower ...
Why in news
Moody’s Ratings has expressed confidence in India’s economic growth despite concerns about weakening urban demand and lower corporate earnings in Q2 (July-September).
Moody’s expects robust growth, with high-frequency indicators (like manufacturing, services, and credit growth) signaling continued economic strength.
Moody’s noted a rise in India's inflation to 6.2% in October but expects it to moderate as food prices ease
Moody’s forecasts India’s GDP to grow 7.2% in 2024, followed by a slowdown to 6.6% in 2025 and 6.5% in 2026
Moody’s expects slower growth in G-20 economies, with emerging markets (including India) experiencing a deceleration in the coming years.
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