Moody's projects Indian economy to contract 11.5% this fiscal

Moody's action follows another global rating agency Fitch, which earlier this week, projected a 10.5 per cent contraction in Indian economy this fiscal. Domestic agencies Crisil and India Ratings and Research have projected contraction of 9 per cent and 11.8 per cent, respectively.

from Economy-News-Economic Times https://ift.tt/2GRKHbS