Moody’s Investors Service reduced India’s GDP growth in 2020 to 2.5 per cent from the earlier estimate of 5.3 per cent. The Coronavirus pandemic will cause unprecedented shock to the global economy.
Click Here To Get Test Series For SBI PO 2020
Moody’s Global Macro Outlook 2020-21, India will see a sharp fall in incomes at an estimated 2.5 per cent growth rate. Moody’s now expects real GDP in the global economy to contract by 0.5 per cent in 2020, followed by a pickup to 3.2 per cent in 2021.
Important takeaways for all competitive exams:
In an important development in the banking sector, the Government of India has extended the…
In a major endorsement of India’s digital payments ecosystem, Google has launched its first-ever credit…
The Global Investment Risk and Resilience Index 2025, released by Henley & Partners in collaboration…
Multinational corporations continue to dominate the global economy, and the 2025 Hurun Global 1000 Report…
Many countries around the world are known for their beautiful islands, which attract travellers, nature…
Every year, people around the world decorate Christmas trees with lights, ornaments, stars, and colorful…