Moody’s Ratings raises India’s GDP growth forecast to 7.2 percent for fiscal year 2024

Daily Current Affairs / Moody’s Ratings raises India’s GDP growth forecast to 7.2 percent for fiscal year 2024

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Category : Miscellaneous Published on: September 02 2024

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Moody’s Ratings has raised its real GDP growth projections for India, forecasting a robust 7.2 percent growth for the fiscal year 2024, up from a previous estimate of 6.8 percent.
The New York-based global rating agency has also raised its growth projections to 6.6 percent for 2025, up from 6.4 percent.