Moody's Cuts India's GDP Growth Forecast to 5.6% for 2019
Moody’s Investors Service slashed India’s economic growth forecast for current year to 5.6% from 5.8% estimated earlier, saying GDP slowdown is lasting longer than previously expected. It expected economic activity to pick up in 2020 & 2021 to 6.6% & 6.7%,
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Figures based on Moody’s latest Global Macro Outlook report.