Coronavirus: Moody's cuts India growth forecast to 5.3% for 2020 on dampened domestic demand
In its update on Global Macro Outlook for March, Moody's said the virus outbreak has spread rapidly outside China to a number of major economies. "It now seems certain that even if the virus is steadily contained, the outbreak will dampen global economic acti…
Moody's Investors Service today cut its growth forecast for India to 5.3 percent for 2020 from 5.4 percent estimated earlier, as it expects the coronavirus outbreak to dampen domestic demand globally.
In its update on Global Macro Outlook for March, Moody's
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