Moody’s Forecasts 7.2% GDP Growth For India In 2024; Cautions On Inflation Risks
Moody’s has forecasted a strong 7.2% GDP growth for India in 2024, driven by favorable economic conditions and solid growth prospects.
Indian Economy Set For 7.1% Growth In FY25, Moody’s Projects
Moody's Analytics also revised India's inflation forecast down to 4.7% from 5%. The country's inflation rate stayed below 4% in July and August. For 2025 and 2026, the inflation forecasts remain unchanged at 4.5% and 4.1%, respectively.
Moody’s Raises India’s 2024 Growth Forecast To 6.8 Percent
Capital spending by the government and strong manufacturing activity have meaningfully contributed to the robust growth outcomes in 2023, Moody's Investors Service said.
Moody’s Upholds India’s Baa3 Rating Despite Finance Ministry’s Pitch For Upgrade
Moody's Investors Service, the global credit rating agency, has upheld its Baa3 rating for India, despite the finance ministry advocating for an upgrade.
India GDP Crosses $3.5 tln In 2022; Bureaucracy In Decision Making May Reduce Attractiveness As FDI Destination: Moody’s
It said a large young and educated workforce, increasing nuclear families and urbanization will fuel demand for housing, cement and new cars.
Indian Economy Growth At Risk Due To Reform And Policy Barriers, Warns Moody’s
The success of India's infrastructure development and transition to green energy depends on substantial investment. Favorable policies and cost competitiveness are expected to support India's target of tripling its renewable energy capacity to 500 gigawatts by 2030.
