India’s economic surge in real danger
Fewed by - Bilal Jafar
Moody’s, an American credit rating agency released a report on Thursday which shows that India is undergoing a significant economic slowdown. Moody’s changed its outlook on India’s ratings from stable to negative. The rating agency also believes that weak economic policies, struggling financial sector and lack of job creation have contributed a lot in the recent slowdown. India’s net tax collection has hit the lowest level in the past five years, GDP growth currently stands at a six-year low level.
india
modi
economy
negative
gbp
Fri Nov 08
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CNBC