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Moody's slashes India growth forecast to 0.2% for 2020

Updated : April 29, 2020 05:46 AM IST

For 2021, Moody's expects India's growth to rebound to 6.2 percent.
In its report titled - Global Macro Outlook 2020-21 (April 2020 update), Moody's has lowered G-20 advanced economies as a group to contract by 5.8 percent in 2020.
Moody's said the economic costs of coronavirus crisis amid the near shutdown of the global economy are accumulating rapidly.
Moody's slashes India growth forecast to 0.2% for 2020

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