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Moody's slash India's GDP growth forecast to 6 per cent amid higher energy costs
The Statesman Delhi
|May 13, 2026
Moody's Ratings on Tuesday slashed India's GDP growth forecast for year 2026 by 0.8 percentage points to 6 per cent amid higher energy costs.
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The cut in growth forecast is primarily on subdued private consumption, capital formation, and industrial activity amid higher energy costs.
"The global outlook remains highly uncertain amid an increasingly prolonged confrontation and fragile ceasefire between the US and Iran, We estimate growth losses ranging from around 0.8 ppt for India," Moody's said.
यह कहानी The Statesman Delhi के May 13, 2026 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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