Moody’s

Moody’s expects India to report real GDP growth of 5.5 percent in 2023

Moody's now expects India's real GDP growth to be 5.5% in 2023, up from the earlier projection of 5%, and to be 6.5% in 2024. The upward revisions for India also incorporate a significant increase in capital expenditure budget allocation...

India’s GDP projection lowered by Moody’s to 7.7 percent

Moody's Investors Service drastically reduced India's GDP growth by 1.1 percentage points, citing a slowdown in global growth, rising interest rates, and an irregular monsoon as reasons for the economy's potential to lose steam in the coming quarters. According to...