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Moody's slashes India's economic growth forecast to 5.6% for 2019
November 14, 2019 | By Moneycontrol.com
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It also added "We have revised down our growth forecast for India. We now forecast slower real GDP growth of 5.6 percent in 2019, from 7.4 percent in 2018". "India's economic slowdown is lasting longer than previously expected."
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Moody's Investors Service on November 14 cuts India's economic growth forecast to 5.6 percent for 2019, saying government measures do not address the widespread weakness in consumption demand. It also added "We have revised down our growth forecast for India
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