India growth outlook News
As per official estimates, economic growth in the current fiscal ending March 2015 would be between 5.4 and 5.9 percent.
Rating agency Moody's on Wednesday said the downside risks to the economy have receded and prospects have brightened with growth rate expected to accelerate to 5.2 percent in 2014 and 6.5 percent by end of 2015.
Projecting a better growth outlook for India, global rating agency Moody's on Tuesday said the country's GDP will grow by 5 percent this year and accelerate further in 2015.
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