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Moody’s maintains confidence in India’s economy, says 6.7 percent growth rate due to strong domestic demand

Moody's maintains confidence in India's economy, says 6.7 percent growth rate due to strong domestic demand

moody’s Moody’s Investors Service has maintained India’s economic growth forecast for 2023 at 6.7 percent. Moody’s believes that due to strong domestic demand in the country, the pace of growth will continue in the near future. With exports remaining weak due to the adverse global economic backdrop, Moody’s said in its ‘Global Macroeconomic Outlook-2024-25’ that … Read more

Rupees Vs Dollar: RBI can spend 30 billion dollars from reserves to save the sinking rupee, know today’s rate

Rupees vs Dollar: Indian Rupee is going into the abyss, Dollar crossed 83 for the seventh time in 21 days

Rupees Vs Dollar: The country’s top bank Reserve Bank of India has started trying to control the weakening rupee against the dollar. It is being told in a report that RBI is planning to spend about 30 billion dollars from foreign exchange reserves to stabilize the position of rupee in the market. At present India’s … Read more

Moody’s again expressed confidence in the Indian economy, increased the rate of growth to 6.7 percent

Moody's again expressed confidence in the Indian economy, increased the rate of growth to 6.7 percent

Moody’s Investors Service (Moody’s Investors Service) India’s growth rate has once again increased. It is being told that the rating agency Moody’s Investors Service increased India’s growth forecast for the 2023 calendar year to 6.7 percent on Friday due to strong economic momentum. In its ‘Global Macro Outlook’, Moody’s said that stronger services expansion and … Read more