Moody’s Raises India’s 2023 GDP Growth Forecast to 6.7%, Cites ‘Robust Underlying Economic Momentum’ – Top Speed News

Moody’s recently affirmed Baa3 rating on India. (Photo: Reuters) India’s GDP growth: Moody’s says strong services expansion and capital expenditures have propelled India’s 7.8 per cent real GDP growth in April-June 2023 quarter A day after the official data showed India’s Q1 FY23 GDP growth at 7.8 per cent, Moody’s Investors Service on Friday raised India’s…

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Moody’s Maintains ‘Baa3’ Rating On India, Warns Of Political Issues – Top Speed News

Moody’s Investors Service on Friday affirmed its ‘Baa3’ rating on India and kept the stable outlook. However, it has warned of domestic political issues. “The Baa3 rating and stable outlook also take into account a curtailment of civil society and political dissent, compounded by rising domestic political risk,” Moody’s said in a statement on Friday….

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