{"id":33170,"date":"2020-08-26T15:07:12","date_gmt":"2020-08-26T11:07:12","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=33170"},"modified":"2020-08-26T15:07:22","modified_gmt":"2020-08-26T11:07:22","slug":"moodys-indias-gdp-to-contract-3-1-in-2020","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/moodys-indias-gdp-to-contract-3-1-in-2020\/08\/26\/market-updates\/","title":{"rendered":"Moody\u2019s: India&#8217;s GDP to Contract 3.1% in 2020"},"content":{"rendered":"\n<p>In its latest Global Macro Outlook published on Tuesday, Moody&#8217;s Investors Service said India&#8217;s economic recovery will face a tough path amid adverse real economy and bank weakness.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><\/p><cite>In its latest Global Macro Outlook published on Tuesday, Moody&#8217;s Investors Service said India&#8217;s economic recovery will face a tough path amid adverse real economy and bank weakness.<br>Key findings<br>\u201cIndia&#8217;s gross domestic product (GDP) will contract 3.1% in 2020 and grow 6.9% in 2021 in line with its June forecasts.<br>Retained its global forecast of 4.6% GDP contraction for 2020.<br>The rating agency said in its baseline projections that China, India and Indonesia will be the only G-20 emerging economies to post a strong enough pickup of real GDP in the second half of 2020 and full-year 2021 to end next year above pre-coronavirus levels.<\/cite><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>In its latest Global Macro Outlook published on Tuesday, Moody&#8217;s Investors Service said India&#8217;s economic recovery will face a tough path amid adverse real economy and bank weakness. In its latest Global Macro Outlook published on Tuesday, Moody&#8217;s Investors Service said India&#8217;s economic recovery will face a tough path amid adverse real economy and bank &hellip;<\/p>\n","protected":false},"author":9,"featured_media":33171,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[36],"tags":[7153],"class_list":["post-33170","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-india"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/33170","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=33170"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/33170\/revisions"}],"predecessor-version":[{"id":33172,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/33170\/revisions\/33172"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/33171"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=33170"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=33170"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=33170"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}