Global economy turmoil not to impact India's recovery: Moody's
Updated: 07 Sep 2022, 08:13 AM IST
TL;DR.Moody's saw the Indian economy expanding by 7.6 per cent in the current fiscal compared to 8.7 per cent growth in the last financial year that ended on March 31. For 2023-24, it estimates a 6.3 per cent GDP growth.
The Indian economy suffered a contraction of 23.8% and 6.6% in the quarters ending June and September 2020 and grew at just 0.7% in the quarter ending December 2020. (HT Photo)