Moody's slashes 2022 India growth estimate to 9.1% : Rashtra News #Moodys #slashes #India #growth #estimate Highlights Moody's slashed India's growth estimate for the current year to 9.1%, from 9.5% It said high fuel and fertilizer import bill could limit the government's capital expenditure It said economic growth will suffer as fallout from Russia's invasion
In an interview with Bloomberg, he added that the country needs to improve its structural problems, including poor education and skills of the workforce, to meet its true potential. The new government sworn in after the 2024 general elections, as per Rajan, must prioritise fixing these pending issues.
India's GDP likely to grow at 5.8% in October-December: SBI report : Rashtra News #Indias #GDP #grow #OctoberDecember #SBI #report The country's gross domestic product (GDP) is likely to grow at 5.8 per cent in the third quarter of fiscal 2022, according to an SBI's research report- Ecowrap. The country's economy expanded by 8.4 per
“Even as we expect a mild slowdown in Asian EM economies, we generally see solid domestic demand growth and a pick-up in exports to drive robust growth, with India, Indonesia, the Philippines and Vietnam in the lead,” the global rating agency noted in a release.