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With gloomy economic outlook, Moody s lowers India s growth forecast

Rating agency Moody s cut 2022 gross domestic product (GDP) projections for India to 7 per cent and projected 2023 at 4.8 per cent.

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S&P Global projects India s GDP growth at 7 3% in 2022-23, 6 5% for next fiscal

India’s GDP growth: “We have retained our India growth outlook at 7.3 per cent for the fiscal 2022-23 and 6.5 per cent for the next fiscal year, although we see the risks tilted to the downside," the ratings agency underscored.

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