Thursday, 31 May 2018

Moody’s cuts India’s GDP growth forecast to 7.3 per cent

Moody’s cuts India’s GDP growth forecast to 7.3 per cent

31 May 2018, News Wires – Moody’s Investors Service has cut India’s GDP growth forecast to 7.3 per cent in 2018, from previous forecast of 7.5 per cent due to higher oil prices and tighter financial conditions. “The Indian economy is in cyclical recovery led by both investment and consumption. However, higher oil prices and tighter …

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