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Moody's Cuts India's Growth Forecast for '25
Business Standard
|April 17, 2025
Keeps growth estimates in the band of 5.5% to 6.5%
Moody's Ratings on Wednesday said Indian economy could grow in the band of 5.5 to 6.5 per cent during the calendar year 2025, a shade lower than its February projection of 6.6 per cent as the ratings agency factored in the "unpredictable" US tariffs which it said will hit business planning, stall investment and "raise the risk of a global economic recession".
The agency's report on 'Tariffs and trade turmoil' said that the tariffs will weigh on global trade activity, reduce demand for regional exports and undermine business confidence, leading to reduced investment in the Asia-Pacific region.
यह कहानी Business Standard के April 17, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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