Credit rating agency Moody's has said India's economy will shrink 3.1 per cent this year. The agency had pegged India's growth at 0.2 per cent in April amid the pandemic.

'Geopolitical risks': India's economy to contract 3.1% in 2020, says Moody's

The upgrade recognises the fiscal prudence India has committed itself to, India's finance minister added

Moody's upgrade is recognition of structural reforms in Indian economy: Arun Jaitley

moodys-rank

Moody's Rank, News on Moody's Rank, stories on Moody's Rank, articles on Moody's Rank, Moody's Rank stories at Wion, Moody's Rank news, Moody's Rank latest news

moodys rank

'Geopolitical risks': India's economy to contract 3.1% in 2020, says Moody's

Moody's upgrade is recognition of structural reforms in Indian economy: Arun Jaitley