In its latest report, Moody’s Investors Service projected that the economic growth in India will rebound strongly. It has pegged GDP growth for the nation expanding to 9.3 percent in the current fiscal ending March 2022, followed by 7.9 percent in fiscal 2023. India's rising vaccination rate, stabilizing consumer confidence,...
Moody’s Boosts India Forecast to 12 percent
Following two separate rosy projections by the International Monetary Fund and the OECD, we have similar news about India's GDP growth from Moody's Analytics. India’s gross domestic product is projected to grow by 12% in 2021, Moody’s Analytics stated. “India’s near-term prospects have turned more favorable following a stronger than...
India's Interim Budget for 2019 Focuses on Rural Spending
The ruling Bharatiya Janata Party's National Democratic Alliance government presented its last budget for the party's five year tenure, on February 1, 2019. The budget is an interim one, as all citizens of India will vote at the general elections in May, and the party that gets elected will release...