India's growth forecast for the current fiscal has been downgraded by rating agency Moody's and earlier by the RBI.
By ET Bureau | Updated:
Agencies
IMF’s analysis that the global slowdown is particularly severe for India has been followed by Moody’s cutting FY20 growth estimate. Others, including RBI, have reduced growth projections, too. Most other data sets show the slowdown taking a deeper bite. Quick-acting demand-boosters are the only short-term solution. ET takes a look.
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