Tag: Moody’s Investors Service

India’s robust economic growth will continue, real GDP growth will accelerate: Moody’s

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India’s robust economic growth will continue, real GDP growth will accelerate: Moody’s

A Moody’s sign on the 7 World Trade Center tower is photographed in New York. | Photo Credit: Reuters Moody’s Investors Service on March 7 said that India’s robust economic growth will continue and its real GDP growth will accelerate to around 8% in 2023-24 from 7% in 2022-23. “We expect India to be the…

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Moody’s raises India’s 2024 growth forecast to 6.8%

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Moody’s raises India’s 2024 growth forecast to 6.8%

Global rating agency Moody’s on March 4 raised India’s growth forecast for 2024 calendar year to 6.8%, from 6.1% estimated earlier, on the back of ‘stronger-than-expected’ economic data of 2023 and fading global economic headwinds. India’s real GDP expanded 8.4% year-over-year in the fourth quarter of calendar year 2023, resulting in a 7.7% growth for…

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Moody’s affirms India’s sovereign rating at ‘Baa3’; says GDP growth to support increase in income level

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Moody’s affirms India’s sovereign rating at ‘Baa3’; says GDP growth to support increase in income level

Moody’s on August 18 affirmed India’s sovereign rating at ‘Baa3’ with a stable outlook and said high growth will support a gradual increase in income levels, which will further contribute to economic strength. | Photo Credit: Reuters Moody’s on August 18 affirmed India’s sovereign rating at ‘Baa3’ with a stable outlook and said high growth…

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