India Q1 GDP News Live: Indian economy growth rate expected to moderate in April-June quarter

Quick Summary:

Moody's highlighted the strengthening of India's external position in recent years, as evidenced by a significant reduction in its current account deficit.

Moody's emphasized that these forecast adjustments are based on the assumption of strong, broad-based growth in the Indian economy.

India's economic growth has been robust compared to other nations, but the country is struggling to generate sufficient employment opportunities and achieve more inclusive growth.

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Article Details

Category: EconomyBusiness

Markets: IndiaMyanmarOman

Topics: Data Indian Quarter Current India Government 2024 Year Economy Moody Growth

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-30 @ 13:49:40 (1 days ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 978 words

Reading Time: 6 minutes read

Sentences: 36 lines

Sentence Length: 28 words per sentence (average)

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Copyright Owner: © Times of India

News ID: 22304985

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