Moody’s revises India’s 2020 GDP growth forecast to 10.6 per cent contraction from 11.5 per cent earlier
Moody's on Thursday raised India's gross domestic product (GDP) forecast for 2020 to 10.6 per cent contraction, from an 11.5 per cent contraction projected earlier. It also revised calendar year 2021's GDP upwards to 10.8 per cent compared to the earlier forecast of 10.6 per cent.