Breaking: Moody's forecasts 7% GDP contraction for India in FY21; revises estimate to 13.7% growth in FY22
Moody's forecasts 7% GDP contraction for India in FY21; revises estimate to 13.7% growth in FY22 In its 'Global Macro Outlook 2021-22 report, Moody's says India's economy has rebounded quickly from one of the world's longest and most stringent lockdowns, which also came with steepest fall in GDP in Q2 BusinessToday.In | February 25, 2021 | Updated 16:23 IST The government will release the GDP numbers for the October-December quarter of the current fiscal on Friday Global rating agency Moody's has said India's economy will shrink by 7 per cent in FY21 and revised India's growth estimate for t...
Source: origin-businesstoday.intoday.in