Indian economy in sweet spot, forecasts 7.2% growth in 2024: Moody's

Q: How long will it take to read this news story?

The story "Indian economy in sweet spot, forecasts 7.2% growth in 2024: Moody&#039;s" has 618 words across 21 sentences, which will take approximately 3 - 6 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Indian economy in sweet spot, forecasts 7.2% growth in 2024: Moody&#039;s" was covered 4 hours ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 225 news stories per day. It's most recent story was published 3 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #23601198</li><li>URL: https://beamstart.com/news/indian-economy-in-sweet-spot-17316645303819</li></ul>

Business Standard Logo Business Standard 4h ago

Indian economy in sweet spot, forecasts 7.2% growth in 2024: Moody's - Business Standard

Quick Summary:

In its Global Macro Outlook 2025-26, the rating agency said the global economy has shown remarkable resilience in bouncing back from supply chain disruptions during the pandemic, an energy and food crisis after the Russia-Ukraine war began, high inflation and consequent monetary policy tightening.

Indian economy is in a sweet spot, with a mix of solid growth and moderating inflation, Moody's Ratings said, forecasting a 7.2 per cent GDP growth in the 2024 calendar year and 6.6 per cent in the next.

"Most G-20 economies will experience steady growth and continue to benefit from policy easing and supportive commodity prices," it said.