Moody's has estimated India's growth rate at 6.7% for the current financial year.

Daily Current Affairs / Moody's has estimated India's growth rate at 6.7% for the current financial year.

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Category : Business and economics Published on: November 11 2023

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Moody's Investors Service is an American rating agency.
Recently, they have estimated India's growth rate for the current financial year.
According to Moody's, India's growth rate in the current financial year will be 6.7%.
Moody's believes that the growth momentum in the country will continue in the near future due to strong domestic demand.
It has estimated India's growth rate at 6.1% in the year 2024 and 6.3% in the year 2025.
Moody's has also said that inflation has also come down to 4.5 percent from 4.8 percent in August.
Moody's was established in the year 1909.
Its headquarters is located in New York.

Moody's has estimated India's growth rate at 6.7% for the current financial year.