Tag: India growth

Moody’s slashes India growth forecast to 0.2% for 2020-21

NEW DELHI: Moody’s Investors Service on Tuesday slashed India growth forecast for calendar year 2020 to 0.2 percent, from 2.5 percent projected in March. For 2021, Moody’s expects India’s growth to rebound to 6.2 percent. In its report titled – Global Macro Outlook 2020-21 (April 2020 update), Moody’s has lowered G-20 advanced economies as a […]

India growth slipping to 0.8 in FY21: Fitch Ratings

NEW DELHI: Fitch Ratings on Thursday slashed India’s economic growth projections to 0.8 per cent in the current 2020-21 fiscal saying an unparalleled global recession was underway due to disruptions caused by the outbreak of coronavirus pandemic and resultant lockdowns. In its Global Economic Outlook, Fitch Ratings said India’s gross domestic product (GDP) growth will […]

Back To Top