• SENSEX
    NIFTY 50
Economy

Moody’s cuts India growth forecast for 2020 over depressed demand, credit growth

Updated : February 18, 2020 06:43 AM IST

Moody's said the Union Budget 2020 did not contain a significant stimulus to address the demand slump.
"As similar policies in other countries have shown, tax cuts are unlikely to translate into higher consumer and business spending when risk aversion is high," Moody's said.
Moody’s cuts India growth forecast for 2020 over depressed demand, credit growth

You May Also Like

Live TV
Advertisement