News:Moody’s Investor Service has released its Global Macro Outlook Report. Facts: Key takeaways from the report: Revised India’s growth forecasts to 5.4% for 2020 and 5.8% for 2021, down from previous projections of 6.6% and 6.7% respectively. India’s key to stronger economic momentum would be revival of domestic demand and resumption of credit growth. It… Continue reading Moody’s slashes India’s 2020 growth projection
Tag: India’s Economic Growth
India set to make modest recovery on reforms: OECD
News:The Organisation for Economic Co-operation and Development(OECD) has released its Economic Survey of India report. Facts: Report on GDP growth: The report has projected GDP growth in the current fiscal (2019-20) at 5.8% lower than 6.8 per cent in 2018-19. However, it estimated the GDP to grow at 6.2% during 2020-21 and further to 6.4%… Continue reading India set to make modest recovery on reforms: OECD
