Sunday, November 27, 2022

Moody

2023 a challenging year for emerging markets: Moody’s

A combination of weak growth in advanced economies, persistent inflationary pressures, the Russia-Ukraine conflict, tight financial conditions, and a subdued growth outlook for China will create a difficult environment for emerging markets (EM) in 2023, said Moody’s Investors Service.In...

Moody’s slashes India’s economic growth to 7.7%

Moody’s Investors Service on Thursday slashed India’s economic growth projection for 2022 to 7.7%, citing dampening of economic momentum in coming quarters on rising interest rates, uneven monsoon, and slowing global growth.This is a sharp 1.1 percentage points cut...

Moody’s slashes India’s growth to 8.8% for 2022

Global financial services provider firm Moody’s Investors Service has slashed India’s GDP projection to 8.8 per cent for 2022, from 9.1 per cent estimated previously.The rationale behind the cut was the prevailing high inflation.“Except for Russia, we do not...