IMF downgrade of India growth outlook behind the curve: Moody's
The IMF's cut in its India growth outlook is behind the curve, according to Glenn Levine, senior economist at Moody's Analytics. The analyst agency expects growth in India to pick up over the third and fourth quarter of the current fiscal, adding up to consolidated growth of 5-5.5 per cent for the year. Moody's also expects that government's reform measures will have a positive impact on growth.
