Page-3 of Moody's Current Affairs, GK & News
On April 13, 2020, the World Bank released its report “South Asia Economic Focus”. According to the report, the Indian Economy is expected to grow at 1.5% to 2.8%. Key Highlights of the report The report says that India’s growth rate is to be the lowest since its balance of payment crisis in 1991. Earlier, ..
Category: Reports & Indexes Current Affairs
Global rating agency Moody’s Investors Service has revised downward its growth projections for India to 5.3% for 2020 from its earlier projection earlier this month-5.4%. The latest revision is part of the rating agency’s latest ‘Global Macro Outlook’ report. As per the agency, an extensive crash due to the COVID-19 outbreak will reduce growth to ..
American Credit rating agency, Moody’s Investors Service has lowered India’s growth forecast to 5.4 per cent for the year 2020. Earlier, the country’s growth was estimated as 6.6 per cent. Moody’s said in its update on Global Macro Outlook that India’s economy has decelerated rapidly over the last two years and a recovery in the ..
The US-based credit rating agency Moody’s Corporation in its report on the consequences of rising sea level due to global warming has stated that the Asian countries, especially the Middle East and the North Africa countries (MENA) are the most exposed to credit risk, with some high-income economies such as Japan and Netherland also are ..
Moody’s has released its quarterly Global Macro Outlook for 2019 and 2020. The outlook highlights the following points about India: Indian economy is expected to grow at 7.3 per cent in the calendar year 2019 and 2020. The proposed government spending ahead of elections in 2019 will support near-term growth. India is less exposed to ..