Updated By: LatestGKGS Desk
Moody's Report: India's GDP Growth Rate Expected To Grow 7.3 Percent In FY 2018-19
Moody's Report: India's GDP Growth Rate Expected To Grow 7.3 Percent In FY 2018-2019 Details
According to International Rating Company, Moody’s, Global Macro Outlook: 2018-19, India's Gross Domestic Product Growth Rate is expected to 7.3 percent in the Financial Year2018-19.
Moody's Investors Service report has cut India's GDP growth forecast to 7.3% in 2018, from the previous forecast of 7.5% due to higher oil prices and tighter financial conditions. It, however, kept growth expectation for 2019 remains unchanged at 7.5%.
As per the Moody ’s report, it expects China’s growth to decelerate to 6.6% in 2018Ø and to6.4% in 2019. India’s economy is projected to grow by 7.5% in 2019.
Moody's Corporation is an American Business and Financial Services Company.
Founded: 1909
Headquarters: New York City, United States
Moody’s Corporation is the Holding Company for Moody's Investors Service (MIS) (American credit rating agency)
