-8.9% contraction

Moody’s revises India’s 2020 GDP forecast to -8.9% from -9.6%

Rating agency expects COVID-19 management to improve, allowing for normalization of economic activity Rating agency Moody's Investors Service has revised upward India's Gross Domestic Product (GDP) forecast for calendar year 2020 to -8.9% contraction from -9.6% projected earlier. Similarly, the...
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