CURRENT AFFAIRS : BANKING & FINANCE
Moody’s Projects India’s GDP Growth at 6-6.3% in Q1FY24
- The global credit ratings major Moody projected that the Indian economy is expected to clock a 6-6.3% growth in June quarter, and flagged risks of fiscal slippage arising from weaker than expected government revenues in the current fiscal.
- Moody’s growth estimate is lower than the 8% projection for the first quarter made by the Reserve Bank of India (RBI) last week.
