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Moody's Cuts India GDP Growth Forecast To 2.5% In 2020
27 Mar 2020, 09:53 AM IST 
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Moody's said a sharp fall in incomes is likely
Moody's Investors Service on Friday slashed its estimate of India's GDP growth for calendar year 2020 to 2.5 per cent from an earlier estimate of 5.3 per cent, citing rising economic cost of the coronavirus pandemic. That was sharply lower compared to the growth rate of 5 per cent in 2019.
