January 2020 \ Business & Investment \ Business and governance
Moody’s cuts India’s growth forecast to 4.9% for FY20

After cutting India’s sovereign ratings recently ...

As per the report, the agency expects a modest cyclical recovery next year; however, growth will be weaker than in the recent past. “The slowdown in household demand will have negative credit implications for Indian issuers in a range of sectors,” the report said.




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