Tag: India GDP growth forecast

Moody’s cuts India’s growth forecast to 6.8%

Moody’s cuts India’s growth forecast to 6.8%

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Moody’s has revised its 2023 growth projections. Image for representational purpose only. | Photo Credit: Reuters Global rating major Moody’s Investors Service has scaled down its GDP growth forecast for India’s economy to 6.8% for 2022-23, from an earlier projection of 7%. At the same time, it has raised the growth projection for 2023-24 to […]

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Fitch retains India growth forecast at 7% for 2022-23, cuts projections for next 2 years

Fitch retains India growth forecast at 7% for 2022-23, cuts projections for next 2 years

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In September, Fitch projected 7% growth for the current fiscal, followed by 6.7% in 2023-24 and 7.1% growth in 2024-25. File Fitch Ratings on December 6 retained India’s economic growth forecast at 7% for the current fiscal, but cut projections for the next two financial years saying the country is not impervious to global developments. […]

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