Moody expects India’s growth around 7.5%
Moody expects India’s growth around 7.5%

According to Global Macro Outlook for 2018-19, Moody has expected India’s growth around 7.5% in 2018 and 2019.

India’s economic activity grew by 7.7% in first quarter of 2018. Strong urban and rural demand and improved industrial activity suggest a similar outturn for the second quarter.

Also, the global outlook for most advanced economies is broadly resilient, in contrast to the weakening of some developing economies due to rising US trade protectionism, tightening external liquidity conditions and elevated oil prices.

For more: https://www.moodys.com/researchdocumentcontentpage.aspx?docid=PBC_1136334