World Bank: India is expected to grow at 1.5% to 2.8%

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 ..

Month: Current Affairs - April, 2020

Moody’s revises India’s growth projections to 5.3% for 2020

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 ..

Moody’s lowers India’s GDP forecast to 5.4% for 2020

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 ..

Rising Sea Level to impact Population in India: Moody’s Report

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 ..

Month: Current Affairs - January, 2020

Global Macro Outlook for 2019 and 2020

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 ..

Month: Current Affairs - March, 2019

What is the meaning of credit rating?

Credit rating is a rating in form of a full report which rates a particular business as per the credentials and the soundness of the financial statements like various terms of borrowing and lending etc. Thus it is linked to ..