Moody agency reduced economic growth rate for Indian economy

Indian Economy: Of Jammu and Kashmir Pahalgam After the terrorist attack on April 22, the country’s economy is expected to slow down amid increasing tension with Pakistan. Moody’s Ratings said on 6 May that India’s economy could proceed with a slow speed of 6.3 percent in 2025 as compared to the last year’s 6.7 percent.

IMF and World Bank estimated

Earlier, the International Monetary Fund (IMF) and the World Bank had estimated 6.2 and 6.3 percent growth rate for India’s economy respectively.

The profound effect of these things on the economy

Rating agency Moody’s said in the May update of its global macro outlook, “Uncertainty on global economic policies is likely to have a bad effect on consumer, business and financial activities.” It further said, “It can further affect the tariffs and the restriction of some things can affect the policy uncertainty and business stress, especially in the US and China,” it said. Are, which will also affect the G20. It is estimated that in 2026 the Indian economy will perform better at the rate of 6.5 percent. ”

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