Moody’s lifts GDP forecast to 6.8% from 6.1% for 2024

Representative image (File Photo) NEW DELHI: Global ratings agency Moody’s Investors has raised India’s GDP growth forecast for 2024, citing strong demand momentum and fading global headwinds.“India’s economy has performed well and stronger-than-expected data in …

Read more

Rating method needs reform: Finance ministry paper

NEW DELHI: Citing opaqueness in the rating methodologies of global agencies such as Moody’s, Fitch and Standard & Poor’s, a paper by officers in the finance ministry’s economic division has called for a reform of …

Read more