Strong demand, rising vaccination rate drive positive outlook for Indian corporates: Moody's

Moody's Investors Service on Thursday said India's rising vaccination rate, low interest rates and higher public spending drive the positive outlook for corporate sector. Moody's projects India's economic growth will rebound strongly, with GDP expanding 9.3 per cent in the current fiscal ending March 2022, followed by 7.9 per cent in fiscal 2023.

from Economy-News-Economic Times https://ift.tt/3CRTNwk