Home Business Moody’s cut India’s economic growth forecast for 2019 to 5.6% from 5.8%

Moody’s cut India’s economic growth forecast for 2019 to 5.6% from 5.8%

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(G.N.S) Dt. 14 New Delhi “We have revised down our growth forecast for India. We now forecast slower real GDP growth of 5.6 per cent in 2019, from 7.4 per cent in 2018,” it said. Moody’s Investors Service on Thursday cut India’s economic growth forecast for current year to 5.6 per cent from 5.8 per cent estimated earlier, saying GDP slowdown is lasting longer than previously expected. It expected economic

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