Moody's slashes India's economic growth forecast to 7% for this fiscal
- Posted on January 20, 2025
- By Business News Today
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Moody's slashes India's economic growth forecast to 7% for this fiscal
Moody's has reduced India's economic growth forecast for FY 2024 to 7%, down from 8.2%. This adjustment follows FICCI's and ADB's recent revisions, which also reflect concerns over industrial growth and private investments. Despite these reductions, India's per capita GDP has risen by 11% year-on-year.
