Moody’s cut India’s growth forecast for 2021 to 9.6%

Moody’s Investors Service on Wednesday slashed India’s growth projection to 9.6 per cent for 2021 calendar year, from its earlier estimate of 13.9 per cent, and said faster vaccination progress would be paramount in restricting economic losses to the June quarter. In its report titled ‘Macroeconomics – India: Economic shocks from second Covid wave will … Continue reading Moody’s cut India’s growth forecast for 2021 to 9.6%