'Sound Economic Fundamentals': Moody's Says India In A Sweet Spot, Forecasts 7.2% For 2024
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Moody's Ratings forecasts 7.2% GDP growth for India in 2024; cites sound economic fundamentals including healthy corporate and bank balance sheets, stronger external position, and ample forex reserves; warns of inflation risks prompting Reserve Bank of India to maintain tight monetary policy; retail inflation reached 14-month high of 6.21%, breaching RBI's upper tolerance limit; forecasts 6.6% growth in 2025 and 6.5% in 2026; mentions potential risks from geopolitical tensions and extreme weather events.

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https://www.news18.com/business/economy/indian-economy-in-a-sweet-spot-may-post-7-2-growth-in-2024-says-moodys-9121680.html